Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
By Andanje Wakhungu The paper work for the much anticipated multi-million Malava housing plaza has been finalized paving way for the implementation process to commence. Presenting the supervisory report during the 30th Annual General Meeting, the Sacco’s chair lady Beatrice Mukopi informed the members that already National Cooperative Housing Union (NACHU) has allocated Ksh.20Million towards…
By Tsozungu Kombe Mombasa County Government will spend Ksh. 8 million from its recurrent budget to run cooperative society activities in the region, Sacco Review has reliably established. Speaking to Sacco Review from Mombasa town recently, Mombasa County Cooperatives Director Mr. Nelson Nyoro said the same money will also be spent to revive some dormant…
By Gilbert Ochieng Over 500 fish traders operating at beaches in Port Victoria namely Marenga, Mulukoba and Bukoma in Budalangi Constituency, Busia County owe their prosperity to Port Victoria Fresh Fish Co-operative Society Limited that has helped improve on their livelihood. The co-operative society that was started in the year 2005 and registered the following…
By Kamundia Muriithi Farmers’ groups in Kirinyaga County are now an elated lot after they started reaping big from their projects which were funded by the County government. Governor Ann Waiguru’s administration through a program dubbed Wezesha Kirinyaga has offered support to over 473 groups by providing them with livestock, veterinary services, feeds and market…
By Fredrick Odiero Kisumu Governor Prof. Anyang’ Nyong’o has outlined his commitment towards strengthening the cooperative movement in the area. Speaking in Kisumu recently, the governor said a number of investments in the county were geared towards strengthening the cooperative movements as key drivers of production and marketing. Prof. Nyong’o said they started off by…
By Gilbert Ochieng Busia County Chief Officer for Cooperatives and Investments Patrice Lumumba has revealed they have instituted stringent measures for Saccos aimed at safeguarding the savings of members. Speaking during the 100th Ushirika day celebrations at Busia Vocational Training Centre, Mr. Lumumba said the county government will not relent in its pursuit to ensure…
By Roy Hezron The one time vibrant Moi University Savings and Credit Cooperative Society (MUSCO) is now on its deathbed. The Sacco’s MUSCO Towers, a commercial building in Eldoret town, will forever bring back painful memories to the thousands of Sacco members who are not sure whether they will ever recover their hard earned cash…
By John Majau The miraa sub-sector has shown signs of recovery from the two-year ban in Somalia, signalled by the increased deposits farmers make at Saccos and other banking institutions. According to Mr Titus Munjuri, Dhabiti Savings and Credit Cooperative Society’s chief executive, farmers’ deposits had risen by about 15 per cent over the past…
By Tsozungu Kombe Youths in Taita Taveta County have been urged to form Saccos to enable them prosper. Speaking to Sacco Review in Wundanyi recently, Taita Taveta Cooperative director Mr. Erastus Gonzi said that youths are the majority and they should be sensitized on the importance of forming Saccos to uplift their living standards. “Though…
By Peter Otuoro Nakuru county tourism stakeholders have urged Governor Susan Kihika to increase funds allocated for the industry in order to bolster tourism in the county. Led by Nakuru County Tourism Association Chairperson David Mwangi, the stakeholders said that Tourism had been undermined by the previous county government by being allocated the least budgetary allocation despite its significant role in improving the…
