Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
The Cooperatives & MSMEs Development Cabinet Secretary, Simon Chelugui, has commended Taqwa Sacco for its role in empowering its members financially and fostering solidarity. Chelugui was speaking during the Sacco’s 25th anniversary celebration in South C, Nairobi. He said that despite the Sacco’s humble beginnings as a Merry-go-round in the late 1990s, it has grown…
Agriculture Food Authority (AFA) has called for more investments in cane growing and development in order to meet the ever increasing demand for the commodity. AFA Chairperson Carnelly Serem said there has been a systematic increase in the demand for cane and that the growth of many sugar milling companies under the cane and nucleus…
Tower Sacco is looking for traders to fill the vacant spaces in its multi-storey Tower Sacco Plaza located in Ol Kalau town in Nyandarua County. The lease rates available are 33 rooms for restaurants and accommodation, conference halls, a gym, and roof-top space. The Sacco, which has a remarkable membership of over 206,065 individuals and…
Women and youth in Lamu county have been urged to form Saccos to boost their economic welfare. Lamu county Cooperative Director Paul Thauri said that formation of Saccos in the region will enable women and youth to embark on their daily activities in a more efficient and effective way. “Currently, this group cannot carry out…
Four cooperative societies in Malindi and Magarini sub counties in Kilifi county are set for revival. Speaking to Sacco Review in her office in Malindi town recently, Malindi sub county Cooperative Officer Moraa Ziro revealed that Goshi Farmers’ Cooperative, Manyeso Dairy Cooperative, Magarini Sand Harvesting and Magarini Cotton Farmers Cooperative societies will be revived. She…
Universal Traders Sacco (UTS) has announced internship opportunities for individuals with a diploma in sales and marketing, cooperative management, or public relations. To be eligible, applicants must have achieved a mean grade of C or above in KCSE, be between the ages of 25 and 35 and have computer literacy skills. “If you are interested…
Pastors in Nakuru have come together to establish Mitume Sacco to help them save money and access affordable credit facilities, ultimately improving their livelihoods. Pastor Alex Maina, the Sacco chairman and the chair of Nakuru Pastors Fellowship, encouraged pastors and clergy members to join the Sacco to enhance their economic status. “We understand the difficulties…
Harrison Kenga, a TukTuk operator based in Mombasa, was recently awarded a new Piaggio machine by President William Ruto. During the fund’s first anniversary, Kenga was named the top borrower of the Hustler Fund, having taken a loan of Ksh714, 000 so far. The President promised to buy him a TukTuk. Kenga started with a…
Joseph Njoroge, the CEO of Safaricom Sacco, has been named the winner of this year’s Champions of Governance (CoG) Award by the Institute of Certified Secretaries (ICS) in a ceremony held at Mercure Hotel in Upperhill, Nairobi. The CoG Awards aim to recognize and promote research work related to good governance practices. Njoroge, who joined…
Kericho Biashara Sacco Society Limited recently celebrated its first year of existence with pride following the significant growth achieved in the highly competitive field. The Sacco draws its membership from smallholder traders of MSMEs within the region and offers financial and business training, savings mobilization, and loans to member groups. According to Josephat Koech, the…
