Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
By Roy Hezron Kenya Society of Professional Co-operators (KSPC), a sector professional organization in the cooperative movement of Kenya, has come up with regulation guidelines that seek to root out cooperative quacks. The move is meant to bring order in the Co-operative movement in the country which has accumulated asset base of over Sh. 1…
By Ben Oroko Trading of coffee produce at the Nairobi Coffee Exchange (NCE) has been devolved to the grassroots coffee farmers, thanks to the recommendations of the Special Coffee Task-force appointed by President Uhuru Kenyatta to turn around the country’s coffee sector. As part of the task-force’s recommendations to have NCE modernized, small-holder coffee farmers whose primary co-operative societies…
By Fredrick Odiero Stima Sacco Chief Executive Officer Gamaliel Hassan has expressed his Sacco’s commitment to give back to the society as part of their Corporate Social Responsibility (CSR). Speaking during the official opening of a major roundabout refurbished by the Sacco in Kisumu town, Hassan said his Sacco was keen on elevating the environment through…
By Peter Otuoro National Council of Churches of Kenya (NCCK), has trained transport sector Sacco leaders in Nakuru County on the importance of peace and cohesion. NCCK South Rift Acting Regional Manager David Njuguna said it is only through peace that all transport sector Saccos can operate successfully and yield good returns. Addressing matatu and…
By Fredrick Odiero Kisumu County is mulling over the merger of small and uneconomical cooperatives in order to harness their full potential. Chief Officer in charge of Co-operatives, Alphonse Ouya, said though the economic viability of the cooperatives straddles across many sectors, they are however not fully utilized. The sectors include rice, cotton, fish, and…
By Agnes Orang’o Members of Muka Mukuu Farmers’ Cooperative Society in Matungulu can now heave a sigh of relief after the disputes surrounding quarrying activities on their land were resolved. Speaking after a special general meeting, the chairman Dominic Nthwao said that quarrying will take place at their 750-acre land near Athi River. He noted…
By Agnes Orang’o Coffee farmers in Machakos County have a reason to smile as they will now be able to sell their coffee directly to consumers without having to pass through exploitative brokers. This was disclosed by Kangundo MCA Moses Mitaa who said the County Government of Machakos acquired a license to export coffee without…
By John Majau Meru Governor Kiraitu Murungi has opposed new regulations by Agriculture Cabinet Secretary (CS) Peter Munya on khat farming and trading. The regulations aim at streamlining the produce, commonly known as miraa, for standardization and acceptance in international markets. The governor said he was not consulted before the regulations were laid down. He spoke…
By Asa Maina Unison Sacco has introduced the Golden Plan, a retirement saving plan that will see members save a minimum of Shs 200 monthly, withdrawable upon retirement. The Sacco’s chairman James Muhandi revealed that upon retirement, the depositor will determine whether to receive the money as a lump sum amount or in monthly installments….
By George Otieno Imarika Sacco Chairperson Mr. Renson Ndoro has said the society expects to have a total asset base of 20 billion shillings come the year 2026. The chairperson said this in a recent Imarika Sacco’s members education meeting where they were taken through the Sacco’s journey, educated on its various products and services,…
