Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
By Erick Nyayiera KUSCCO director David Ogega has said that high leadership turnover was killing Saccos in the Nyanza region. Ogega who was speaking during Taraji Sacco’s 40th AGM held in Siaya recently, advised various Sacco members to consider maintaining leadership so as to guarantee steady growth. “Nyanza region Saccos faces a high rate of…
By Our Reporter Residents of Siaya County have been asked to form more rural based savings and credit co-operative societies to help them in tapping the various development opportunities. Wilfred Ongoro, a Director of Co-operative Bank observed that a lot of opportunities like the sorghum farming which is currently being supported by the Kenyan Breweries…
By John Ochieng The National Government has handed over to locals a fish processing plant in Rongo Sub-county which was established at a cost of Sh92million through Economic Stimulus Programme in 2010. Director Harun Khator, while officially handing over the plant at Opapo in Rongo, called on the community to invest in fish ponds to…
By Munene Maina Viktas Sacco is seeking to upgrade its current Management Information System (MIS) to a robust and scalable system that has both the Sacco banking system and ERP integrated. In a newspaper advertisements, the Sacco has requested for proposals for the supply, installation and commissioning of an integrated Sacco banking and ERP system….
By Our Reporter Kenya Highlands Sacco has put in place appropriate mechanism that ensures accountability of all transactions and engagements of the society. This is in addition to tight internal control mechanism to safeguard the assets of the Sacco. “We have also enhanced risk based audit and put in place an active directory to monitor…
By Munene Maina Farmers at Kesses sub-county,Uasin Gishu County, have been advised to join co-operatives for easy access to loans to pursue their dreams. The county governor Jackson Mandago said societies will enable youth to engage in productive activities that will provide them with income and revenue to the county. The County Agriculture Executive Samuel…
By Benedict Ng’etich The General Manager in charge of Operations at James Finlays, Kipchumba Bullut has said the company which is the biggest stakeholder at Ndege Chai Sacco was greatly concerned with the high level of indebtedness by some members. He called on them to borrow loans which they were comfortable with and could be…
By Alfred Kimosop A woman has been elected by the delegates of Boresha Sacco to serve on the Board of Directors. The election of Farida Haji to the fast growing Sacco put Boresha among few Sacco’s which have embraced the gender balance rule. Speaking during the election of the new board member at the educational…
By Azael Masese Bomet County is developing a cooperative policy to address issues affecting the operations of societies in the region. County Co-operative Commissioner David Kerich said the Bill that will establish this into law is before the County Assembly. “If adopted, it will attempt to curb mismanagement of co-operatives in the region since this…
By Munene Maina Angaza Afrika Sacco has been ordered to reopen its branch in Nanyuki town. Laikipia County Government has directed the Sacco to do so within three months and address concerns of 200 members. This follows members’complaints after the Thika-based Sacco closed their office without notice sparking fears they may lose their money. Laikipia…
