Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
By Jackson Okoth As the State mulls re-opening the moribund Kisumu Cotton Mills in a bid to revive the textile industry, focus has turned to the once robust cotton growers’ co-operative societies that either shut or are struggling. Uyoma Cotton Farmers Co-operative is one of them where wrangles have bedevilled this society for the past…
By James Wakahiu Land buying firms in Ruiru and Juja sub-counties have been directed by the Ministry of Land and Physical Planning to surrender their members register, mother title, maps and other related document so that the ministry can fast track issuance of title deeds. Ruiru Sub-County Deputy County Commissioner Geofrey Ithai said the move…
By Kage Njoroge Amica Sacco Chief Executive Officer James Mbui has advised cooperators to go take loans for development purposes. “Good loans help us seize investment opportunities when they arise, which give higher rate of return than the cost of loan taken,” he said. Mbui noted many Kenyans especially the youth fall into the trap…
By Boniface Mulu The government will continue supporting the modernisation of agriculture and teaching farmers the importance of growing crops suitable for their agro-ecological zones using the right techniques. Agriculture Cabinet Secretary Mwangi Kiunjuri also said the government is focused on making agriculture attractive to the young people. Kiunjuri made the remarks in a speech…
By Benedict Ng’etich Co-operative societies have been urged to embrace diversification in order to reduce the negative effects of drought. Tea-based societies in Kericho and Bomet counties were greatly affected by pro-longed drought that affected the country leading to the sharp drop in green leave production. Lawrence Kikwai, a delegate at Patnas Sacco who represents…
By Erick Nyayiera Kisumu County Government is seeking to mobilise over 30,000 boda boda operators to join or form Saccos. The outgoing Co-operatives Director in the county Zephaniah Osok said boda boda Saccos have the potential to spur development in the area. “If they can each contribute to their Sacco at least Sh 100 daily…
By Felix Wanderi Cooperative societies in Kiambu County have been urged to have a strong role in creating decent jobs and empower local communities economically and socially. This was emphasized during the 97th Ushirika day celebrations held at Limuru Model Primary School. “Co-operatives being value-driven enterprises owned, controlled and run by members should serve to…
By Mathews Achola Trade and cooperatives department in Busia County is considering partnering with Metropol and Trans Union Credit Reference Bureaus (CRBs) in sharing data of beneficiaries of the Cooperative Enterprise Development Fund (CEDF). Chief Officer in the department Nelson Kwamini to Sacco Review the move to share the data is meant to ensure defaulters do…
By Washington Okellah Fish traders from Port Victoria town in Budalangi constituency, Busia County have been urged to form SACCOS to access development loans. Speaking after launching a 14 seater Nissan van bought by Maningo SACCO members, Budalangi MP Raphael Wanjala said SACCOS are the bridges that lead to instant wealth. He lauded the Sacco…
By Erick Nyayiera Kisumu County has outlined strategic measures to improve the performance of the Saccos. County Ushirika Council chairman Edward Matoke noted that they are working towards streamlining leadership of the potential cooperative societies including the merger of the small and unviable co-operatives. “We have numerous small uneconomical co-operative societies which must be merged…
