Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
By Benedict Ng’etich The Kericho County Commissioner for Cooperatives Leonard Otii has lauded Imarisha Sacco Board and the management team for its exceptional service. He also hailed the society for embracing new communication technologies making it possible for members to access services from home during the Covid-19 pandemic. “I would like to to thank the…
By Dennis Bett Boresha Sacco has opened the Iten Branch in Elgeyo Marakwet County as it continues with its expansion plan to reach more members. The new office will target the growing business community around the agricultural town and surrounding rural areas. Corporates, private schools and Small and Medium Enterprises have set up shops and…
By Cally Imbayi Governor Wycliffe Oparanya says Kakamega County will spent Sh25 million to strengthen cooperative societies that have been performing poorly. He revealed that they have prioritized streamlining of the cooperatives movement in the county to improve living standards. “We have allocated Sh25million for development of the cooperatives sector out of which Sh18million will…
By Tsozungu Kombe The department of cooperatives in Mombasa County will develop a recovery strategy to help Saccos recover from effects of the Covid-19 pandemic. Saccos in the region are currently experiencing challenges, leading to their failure to generate enough revenue for business recovery. Speaking to Sacco Review in Mombasa town recently, The County Cooperative…
By Malachi Motano The government has ruled out revival of one time vibrant Moi University Savings and Credit Society (Musco). According to the Co-operatives Development Principal Secretary Noor Ismail, all signs were that the once vibrant Sacco whose license was revoked and placed under liquidation by the government in 2018 will not be revived. The PS was…
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…
By Kamundia Muriithi Eighteen board members serving on tea factory boards in Embu County have threatened to boycott the forthcoming elections for directors of three tea factories. They have vowed to boycott the elections, because of alleged government interference in the exercise. The officials dismissed the elections planned to be held on April 10 as…
By Kamundia Muriithi Three dairy cooperative societies in Kirinyaga County are set to expand their milk processing and value addition capacities after qualifying for a Sh27.5 million grant from the county government. The grant is part of the Sh58.5 million that the Kirinyaga County Government has set aside to support dairy farmers this financial year….
By John Majau Cabinet Secretary Margaret Kobia has asked women and youths to apply for loans from the government empowerment funds kitty. Speaking at Kinoru Methodist of Kenya (MCK) Church where she issued Sh9.15million to women groups from the Women Development Enterprise Fund kitty, Kobia said the money will empower and transform the lives of residents….
By Tsozungu Kombe The Covid-19 pandemic has derailed efforts of registering new Saccos in Kwale County. Speaking to Sacco Review in Kwale town recently, the acting Kwale County Cooperatives Commissioner Mohammed Mkanga said not many Saccos were registered during the pandemic. Mkanga also lamented that many Saccos in the region performed poorly in 2020 following…
