Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
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 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…
By Wasike Elvis In its move to improve the livelihoods of its residents Uasin Gishu County Government has increased the County Co-operatives and Enterprise Development Fund to ensure more co-operatives benefit from the fund. According to the CEC in charge of Co-operatives and Enterprise Fund, Esther Mutai , their aim is to loan up to…
By Our Reporter Felix Ochieng has a well cut-out vision on Siraji Sacco’s growth plan. When you meet him, the Chief Executive Officer is crisp, precise and articulate on the strategic development plan for the Sacco he has headed for the last nine years. Clad in black suit, a striped shirt and a matching tie,…
By Munene Maina Cosmopolitan Sacco intends to open four additional satellite offices in an effort to take services closer to members. The Sacco has five branches namely Nakuru, Naivasha, Bahati, Molo and Narok. In 2016, the society paid members Sh296 million dividends and interest, a growth of 21 per cent increase from the year 2015….
Midlands Mr Charles Mutai is the new Midlands Sacco board chair, taking over from Mr Wesley Korir. Based in Bomet County, Midlands has a membership of over 18,000 and Mutai is expected to play a vital role in increasing the number, giving a figure of 1,000 as their yearly target.
Deputy Governor Wesley Rotich of Elgeyo Marakwet County is one of the personalities in the co-operative movement who has joined politics. Rotich served in the County Department of Tourism, Trade, Co-operatives and Energy as a Director incharge of Co-operatives. He is credited with initiating a revival plan of dormant Co-operative Societies in Elgeyo Marakwet which…
