Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
By Benedict Ng’etich Saving and Credit Societies in Bomet County have been urged to adhere to the recommended key audit ratios if they want to succeed. Bomet County Government auditor K. Kemboi asked local societies to be compliant on recommended key audit ratios of member’s savings. “Some key audit ratios like the retained reserves are…
By Dennis Bett Prime Time Sacco has resolved to open a satellite office at Biretwo trading centre on the Iten-Kabarnet road in Keiyo South sub-county. The decision was communicated recently during the society’s 24th Annual Delegates Meeting (ADM) at Iten School for the Deaf by Sacco chairman Thomas Rotich. He said a feasibility study they…
By Malachi Motano Magadi Sacco has began the journey of ISO 9001:2015 certification process on quality management to enhance its ability to consistently provide products and services. That will ensure that they meet customer and regulatory requirements and to demonstrate continuous improvement. Speaking during the Sacco’s Annual Delegates Meeting (ADM) recently, Sacco Chairman Gordon Opiyo…
By Benedict Ng’etich The Kericho County Commissioner for Cooperatives Leonard Otii has lauded Imarisha Sacco Board and the management team for its exceptional service. He also hailed the society for embracing new communication technologies making it possible for members to access services from home during the Covid-19 pandemic. “I would like to to thank the…
By Dennis Bett Boresha Sacco has opened the Iten Branch in Elgeyo Marakwet County as it continues with its expansion plan to reach more members. The new office will target the growing business community around the agricultural town and surrounding rural areas. Corporates, private schools and Small and Medium Enterprises have set up shops and…
By Malachi Motano The government has ruled out revival of one time vibrant Moi University Savings and Credit Society (Musco). According to the Co-operatives Development Principal Secretary Noor Ismail, all signs were that the once vibrant Sacco whose license was revoked and placed under liquidation by the government in 2018 will not be revived. The PS was…
By Our Reporter The county government of Bomet has constructed a modern sweet potato processing plant in Chepalangu Sub County. The county has under the leadership of Governor Hillary Barchok tapped into the resource to improve the economic standards of area residents The plant which is set to be launched soon will focus on production…
By Obegi Malack Acumen Equities Limited launched its new logo to keep up with current business and market trends which will lead to achievement of vision of the company The logo is now the face of the company and connects with all current and future customers. It also attracts local and international business. Julius N…
By Obegi Malack Motorcycles are increasingly becoming a popular means of transport for many rural and urban dwellers. However, a National Crime Research Centre (NCRC) report has found that motorbike riders are the leading cause of road accidents, increased crimes, and teenage pregnancies. Many boda boda operators have also become lynch mobs who know no…
By Dennis Bett Boda Boda operators in Elgeyo Marakwet have received reflectors and face masks from Prime Time Sacco as part of its corporate social responsibility. 13 Boda Boda youth groups benefited. The Sacco has issued more than 100 motorbikes to the youth on loan and plans to ensure that more youth acquire the motorbikes…
