Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
By Tsozungu Kombe. Some 12 new Saccos in Taita Taveta County have been registered by the Ministry of Co-operative Development. Acting Taita Taveta County Cooperative Commissioner Erastus Gonzi said the new Saccos belong to the youth. He revealed that although only 12 new Saccos have been registered in the area, there was still room for…
By Kese Werugha Kilifi County Co-operative Commissioner Mary Mukare has described Imarika Sacco as one of the fastest growing Sacco in the country. She said that the Sacco which comprises members from all walks of life both in the formal and informal sectors, teachers, farmers, business community and Micro-Small-Enterprises (SME) ,has continued to post impressive…
By Our Reporter Co-operative Alliance of Kenya (CAK) has named Imarisha and Bandari Saccos as the best in the Coast region. CAK Executive Director Daniel Marube said the Saccos had greatly contributed to socio-economic development of residents in the region. Imarisha Sacco which is based in Kilifi County has an asset base of Sh8.2 billion…
By Our Reporter All sub-counties in Kakamega County will have a fully-fledged Smart Dairy farm station at a cost of Sh20 million. Deputy Governor Prof Philip Kutima said the county government has embarked on a Sh240 million Smart Dairy farms initiative. So far the stations have been established in two sub-counties. The facilities have each…
By Munene Maina The Government has moved with speed to avert money laundering within savings and credit societies. At a time when several banks were implicated in the infamous National Youth Service scandal for violating the law leading to loss of billions of public money, the Government wants to seal all loopholes that may allow…
By Munene Maina The National Coffee Co-operative Union (NACCU) has affirmed its support for Coffee Subsector Implementation Committee. In a press release, the union said it was fully behind the implementation committee led by Prof. Joseph Kieyah and supports the execution of all the eight pillars of the Presidential taskforce reforms report. It said the…
By Munene Maina The State Department of Co-operative has issued a notice to dormant co-operative societies to shape up or close shop. Permanent Secretary in the department Ali Ismail said they will liquidate all non-performing societies in the country. Statistics from government indicate that more than half of over 21,000 registered societies are inactive. In…
By Peter K. Angore Imarika Sacco has officially opened a new branch at Bamba trading centre. This brings the number of the Sacco’s fully fledged branches to seven. The new branch comes as relieve to the members and residents especially in the hinterland of Ganze Sub-county who will now get services closer home. Kilifi County…
By Kiptanui Rutto Chogoria Ward Member of County Assembly, Margaret Gitari has called on co-operative societies in the region to add value to the farmers’ produce. She said the societies should be a bridge between the farmers and the consumers. Speaking during the launch of Ndosha Light Industrial Park supported by Ndosha Sacco at Wiru…
By Eugene Kioko Members of a housing co-operative society have expressed fears for their lives after a gang of armed people believed to be hired by land cartels invaded their property. The 4,000 members of Kamulu Housing and Co-operative Society who have settled on 2,300 acres of land bought by the society said their lives…
