Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
By Tsozungu Kombe Kenya National Chamber of Commerce and Industry (KNCCI) has disbursed loans amounting Sh10 million to 250 traders to boost their undertakings in Tana River County. KNCCI Tana River branch Chairman Hassan Barisa said that the lobby in collaboration with MASPIR Foundation has given out Sh10 million to the local county business community…
By Martin Ruto Life was bleak for Erickson Omwamba when he discontinued his pursuit for secondary school education due to lack of fees. His parents left Nyanchwa area, Kisii County in in 1989 in search for greener pastures and settled in Saboti, Trans-Nzoia County where Erickson completed his class eight education. “I studied at Nyanchwa…
By Martin Ruto Life was bleak for Erickson Omwamba when he discontinued his pursuit for secondary school education due to lack of fees. His parents left Nyanchwa area, Kisii County in in 1989 in search for greener pastures and settled in Saboti, Trans-Nzoia County where Erickson completed his class eight education. “I studied at Nyanchwa…
By John Majau Two young men accused of robbing a Sacco have been released on a cash bail of Sh500, 000 each or a bond of Sh1 million with a similar surety. The two, Paul Mwenda Kubai and Moses Gitene Mwongera, a Meru County government staff denied a multiple counts before a Meru court including…
By Kamundia Muriithi Owning a home is a dream that many Kenyans harbour, but few actualise it due to the associated high costs of constructing houses. In recent times, housing cooperatives have sprung up in different parts of the country to empower ambitious Kenyans acquire decent, modern houses through homeownership plans. Coupled with the government’s…
By John Majau Meru County Government has released Sh10 million to the Meru People With Disability (PWD) Sacco to empower them economically. The money will be lent out to members across the County at low interest rates in line with the devolved government’s promise to empower PWDs. Speaking when he presented the cheque to Sacco…
BY TALARUS CHESANG The Sh85 million Baringo Cha Coffee factory has been commissioned in a 2.5 acre Tugen hills farm in Baringo North. There was some tussle with the location of the milling plant; some stakeholders proposed Baringo North while others wanted it taken to Eldama-Ravine sub-county. Baringo Governor Stanley Kiptis said they had been…
By Benedict Ng’etich Saving and Credit Societies in Bomet County have been urged to adhere to the recommended key audit ratios if they want to succeed. Bomet County Government auditor K. Kemboi asked local societies to be compliant on recommended key audit ratios of member’s savings.“Some key audit ratios like the retained reserves are geared…
By Nancy Masit Nancymasit80@gmail.com. Members of Nkoilale Women Group in Narok South Sub-County are now engaged in commercial bead weaving which has impacted positively on their lives. Magdalene Ntinka who is the production officer at their craft centre said the group was started in 2005 and has 85 women whose main activity is beadwork and…
By Malachi Motano Kitui County Textile Centre (KICOTEC) will supply uniforms to all matatu crews operating along the Kitui – Nairobi route. The Passenger Service Vehicles (PSVs) Sacco for Matatus operating on the route struck the deal with County governor Charity Ngilu for the textile company to dress up its members and the operators. The…
