Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
Members of Wendano Matuu Company Ltd in Matungulu constituency on Thursday protested outside the company offices after the police barred them from holding a meeting in their land which has been a subject of court cases for the last 15 years as different factions within the society wrangle for leadership. The members blamed the local…
KUSCCO Rift Valley Regional Chairman David Langat has revealed that 22 Saccos from the region have joined the umbrella association. Speaking at Waterbuck Hotel in Nakuru City during KUSCCO’s 35th regional council meeting, Lang’at welcomed the Saccos into the union and promised to assist them prosper in their programmes. The new members are Chemoton, Elean,…
Caritas Microfinance Bank has opened a new branch in Nakuru City in a colorful ceremony attended by Nakuru Deputy Governor David Kones and Nakuru Catholic Diocese Bishop Cleophas Oseso of Nakuru Catholic Diocese. The deputy governor said the County government of Nakuru will continue to create a conducive environment to attract more investors especially financial…
By Stephen Muthini Farmers in Machakos County have received financial boost to increase productivity after the County government issued cheques worth over Sh138 million to various Cooperative Societies and Community Based Organizations. The cheques were issued by governor Wavinya Ndeti at Machakos People’s Park where farmers’ groups also showcased their products. The event billed as…
By Peter Otuoro Kenyans have been urged to tap into housing cooperative societies to enable them save and own houses in urban areas. Lands, Public Works, Housing and Urban Development Cabinet Secretary Zachariah Njeru said many Kenya are not aware of benefits gained after joining housing cooperatives. He said the ministry will work with his…
By Ken Langat In bid to ward off unscrupulous cartels that have permeated Avocado industry and made themselves a bargaining chip, farmers from Kericho have formed a cooperative society. Kericho Avocado Farmer Cooperative Society was presented to the registrar of companies last year by the farmers as an umbrella body to collectively market their produce…
By Fredrick Odiero SASRA Chairman Jack Ranguma has expressed concern over the low asset base levels of Saccos from Nyanza region. Ranguma said Saccos in the country have a total asset base of Ksh 886 billion yet Nyanza region controls a paltry Ksh3.6 billion (0.2%) of the total amount. Speaking during Keystone Sacco’s Annual…
By Benedict Ngetich Kericho based Ndege Chai Housing Cooperative Society has revealed plans to venture into income generating activities other than tenancy and sale of plots and tea for increased revenue. Mrs Edna Chepkwony, the Sacco’s Chairperson, noted that the society has continued to pursue other business opportunities with other stakeholders with a view of…
By John Majau. Isiolo abattoir once operational will be an economic game changer by creating opportunities for county residents in the tannery industry, animal feeds, and meat processing. Isiolo County Agriculture CECM Jusuf Mohamed affirmed that the ravaging droughts that led to the loss of 50% of the county livestock particularly cattle would have been…
By Roy Hezron Nairobi City County is planning to allocate Ksh 866.7 million over the next five years to the state department of cooperatives to be used for cooperative development and audit. The move is also to facilitate the growth of a vibrant cooperative movement with financially strong and well managed cooperatives in the…
