Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
Busia County Executive Committee Member in charge of Trade, Industries, Investment and Cooperatives Omuse Olakachuna has revealed that the county government will enact laws that will strengthen cooperative societies in the region. Omuse disclosed that some of the issues they aim to address is how to safeguard Saccos’ funds and repayment of loans. He noted…
Prime Cabinet Secretary Musalia Mudavadi has termed the establishment of Western Kenya Muslim Sacco a crucial step towards ensuring financial independence of women in rural areas. Speaking during the annual women Muslim women Quran competition in Kakamega,the prime CS reiterated that the government firmely supports the move by women to financially advance themselves since they…
The Communications Authority of Kenya (CA) has raised concern over the high number of cyber security attacks, which rose from 7.7 million in 2018 to 444 million in 2023. Speaking in Kisumu during the awards ceremony of the Kisumu edition of the Authority’s cyber security bootcamp and hackathon series 2023, Internal Audit Director Rosalid Muriithi…
Finmat Sacco has embarked on frequently holding member education days to strengthen financial literacy among members. Credit director Beatrice Kisanya assured members that the Sacco is focused on its core business of empowering members through financial literacy training so as to improve their individual as well as collective financial welfare. “Finmat Sacco prides itself for…
Ministry of Agriculture and Livestock Development Cabinet Secretary (CS) Mithika Linturi has urged farmers across the country to register with the Ministry in order to benefit from the government’s subsidy on fertilizers. Speaking at Luuma Primary School in Tigania East when he helped raise funds for the construction of a multi-purpose hall, the CS said…
Stima Sacco has launched a new branch in Kisii town. Speaking during the launch, Sacco CEO Dr Gamaliel Hassan revealed that the friendly Sacco aims to grow and positively impact the lives of its clients. He added that Kisii is the third branch to be opened by his financial organization this year after Meru and…
Ekeza Sacco founder David Kariuki Ngari, commonly known as Gakuyo, has revealed that the Sacco is willing to repay members who still claim their savings from the Sacco through land. Gakuyo revealed that the Sacco’s coffers have run dry due to the current harsh economic environment and that there’s no money to repay the 2,000…
1,200 members of Karachuonyo Lolwe Rume Cooperative Society in Homa Bay County have lauded the Kenya Breweries Limited (KBL) Company over its intended plans to raise the payment rates for sorghum farmers in the area. The cooperative’s chairman Elisaphan Ager said the move will go a long way in boosting the morale of sorghum farmers…
Nandi county governor Stephen Sang has expressed concern over the lack of adequate auditors in the region to increase efficiency of inspections in co-operatives. Speaking during the Ushirika day celebrations held at Kapsabet A.I.C Bible college grounds in Nandi county, the governor argued that lack of adequate auditors in the region is one of the…
John Gitonga did not know what to do after he dropped out of a teacher training college for lack of fees. His world came crushing down like a house of cards, but Ksh5,000 hit his refresh button to open his entrepreneurial mind to opportunities around him. But what can five thousand do? It can buy…
