Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
By Boniface Mulu A teaching expert, Stephen Munyoki Kioko was laid to rest on Saturday, September 18, 2021 at his Mulundini Village home in Mutuni, Kitui County. Kioko, who started his career in 1957, died of diabetes and hypertension complications on Saturday, September 11, 2021, aged 85. The late was born on January 21,…
Vitalis Peter Lukiri, the long-serving National Chairman of Afya Sacco has died. Family sources told Sacco Review that he passed on at Nairobi Hospital on Wednesday night after a short illness. He will be remembered for steering the Sacco to become one of the leading Tier 1 co-operative societies in the country. The late Lukiri…
By Sammy Chivanga The number of dormant members in the Savings and Credit Cooperative Societies (Sacco) has risen by 79.55 percent to 1.37 million on increased job cuts and delayed salaries from struggling entities. The increase in dormant membership is the fastest in recent years and came on the back of economic fallout that hit…
Fredrick Odiero The Kisumu County Government has called upon youths who are engaged in various enterprises to form Savings and Credit Cooperative Societies (Saccos) in order to advance their activities. The Director of Co-operatives, Trade and Enterprise Susan Kanga said Saccos when formed will ensure youths borrow credit and other facilities from the government. Addressing youth…
By John Majau Security agencies in Meru County have raised an alarm after three coffee factories lost more than 360 bags of coffee valued at Sh5.8 million in the last six months. Police now suspect insiders could be colluding with criminals to have the coffee stolen. This is because most of the incidents are said…
By Tsozungu Kombe Cassava farmers in Malindi sub county in Kilifi county have been urged to form groups in a bid to secure loans from MicroFinance Fund from the Kilifi county government to bost their farming activities. Speaking to Sacco Review in her office in Malindi town recently, Malindi sub county Co-operative Officer, Mrs Flister…
BY ANDANJE WAKHUNGU Officials at the Malava Teachers Housing Co-operative Society have come out to strongly condemn the utterances by the region’s Kenya National Teacher’s Union (KNUT) that there were misappropriation of funds at the co-operative, terming the allegations as propaganda meant to portray them as corrupt. They cited that, there were plans by the…
By Boniface Mulu The Kitui County Poultry Traders Savings and Credit Cooperative Society Limited has constructed a chicken abattoir at a cost of Sh4.2 million. The abattoir is at the Wikililye market in Katulani region of Kitui County. The amount is part of the Sh9.8 million funding by the National Agricultural and Rural Inclusive Growth…
Meet George Mungai Njoroge. He is the vice chairperson of a Bodaboda Sacco in Murang’a County. He shares with Malachi Motano how the Sacco that was formed only five years ago has become a source of inspiration after transforming the lives of its members who are majorly the youth. “It is high time for youths…
By Gilbert Kobi Kisii County Commissioner for Co-operative Development, Pamela Kemunto has urged parents to support their children to embrace the culture of borrowing loans, making investments and saving in Savings and Credit cooperative (Sacco) societies to boost their incomes and strengthen the societies. The Commissioner challenged the parents to secure loans from the Sacco societies…
