Rift Valley - Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya

Government asked to waive debt owed by cooperative societies in Machakos

Sacco ReviewMay 25, 2024May 25, 202402 mins

Machakos Deputy Governor Francis Mwangangi has made a strong appeal to the national government to waive the long-standing debts that are hindering the operations of cooperative societies within Machakos County. Speaking at a meeting with the Kwa Mating’i Farmers Cooperative Society in Matungulu, Mwangangi highlighted the severe impact of these debts. “Many cooperative societies are…

Cooperatives in Nakuru to benefit from KCB Chama APP

Sacco ReviewMay 24, 2024May 24, 202402 mins

Kenya Commercial Bank (KCB) Nakuru Branch has developed KCB Chama App that aims to assist cooperatives and Chamas on handling finances, taking loans or saving towards an a goal. KCB Nakuru Branch Manager Christine Keter while speaking in Nakuru on Thursday, May 23, 2024 where she led a team from the lender in a meeting…

New KSh104,000 per night luxury hotel to start operations in Kenya on July 1

Sacco ReviewMay 22, 2024May 22, 202402 mins

Virgin Limited Edition plans to establish Finch Hattons Luxury Safari Camp in Kenya in July this month. The camp which will be located at Tsavo National Park, joins the list of other prestigious properties under Virgin Limited Edition such as Mahali Mzuri and Ulusaba Private Game Reserve. This will be its ninth property globally and…

Kajiado Cooperatives urged to learn from well-established Saccos

Sacco ReviewMay 15, 2024May 15, 202404 mins

Kajiado County Executive Committee Member (CECM) for Gender, Co-operatives, Culture, Tourism, and Wildlife, Janet Sereu has encouraged upcoming self-help groups and Saccos to enhance their governance by learning from well-established Saccos. The committee member who attended Ongata Rongai Muungano Women Housing Cooperative Society 5th Annual General Meeting in Ongata Rongai Kajiado North Sub-county noted that…

Continental festival set for Kisumu postponed due to floods

Sacco ReviewMay 13, 2024May 14, 202404 mins

FESTAC festival which was supposed to be hosted in Kisumu this month has been postponed to a later date due to floods. According to a statement released by the organising committee, Kisumu was poised to host the $h World Blacks and Africa Festival of Arts and Culture -FESTAC AFRICA on May 20-26, 2024 The statement…

MPs change dates, venues of public hearings on Cooperatives Bill

Sacco ReviewMay 8, 2024May 8, 202403 mins

The National Assembly has rescheduled the dates and venues for public hearing on the Cooperatives Bill 2024, (National Assembly Bill No. 7 of 2024) for some regions. In an announcement seen by Sacco Review, the public hearing scheduled for May, 11 at Garrissa Social Hall in Garissa County has been postponed indefinitely due to unforeseen…

Skyline Sacco holds 3-day brainstorming retreat at Kabarak University

Sacco ReviewMay 6, 202403 mins

Skyline Sacco Limited held a 3-day retreat for its members which served as a pivotal moment of reflection, strategic planning and fostering camaraderie. The team-building event took place at Kabarak University on May 1-3, 2024. Also, the event was a crucial opportunity for Sacco leaders to step away from the day-to-day grind and take a…

Over 1,000 boda boda operators receive free training in Uasin Gishu

Sacco ReviewApril 29, 202406 mins

Boda Boda Saccos in Uasin Gishu County have received a huge boost through training and award of licences by the Kenya Roads Board (KRB), county administration and Kenya Red Cross among other partners. The training and licensing process served to refine and authorize individuals to operate on the roads legally especially for some who may…

Kipkelion farmers enjoy aroma of success from coffee as production doubles

Sacco ReviewApril 25, 202403 mins

Cabinet Secretary, Ministry of Co-operatives and Micro, Small and Medium Enterprises (MSMEs) Simon Chelugui this week hosted in his office hosted a delegation from Kipkelion District Cooperative Union (KDCU) led by Chairman Mathew Bore. Chelugui noted that the cooperative has made significant progress since last October during a fact-finding tour of Kipkelion Coffee Mill at…

Kajiado companies reject bill allocating 1 per cent of their profits to CSR initiatives

Sacco ReviewApril 23, 2024April 23, 202405 mins

A section of investors operating in Kajiado County have raised concern over the County Corporate Social Responsibility Bill, 2024 which is now in public participation stage. The bill wants companies to allocate 1 per cent of their profit to CSR in every financial year. It also details that every company shall reserve to residents of…