Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
Busia County Executive Committee Member in charge of Trade, Industries, Investment and Cooperatives Omuse Olakachuna has revealed that the county government will enact laws that will strengthen cooperative societies in the region. Speaking at Busia Agricultural Training Centre in Busia town during the 101st Ushirika Day celebrations, Omuse disclosed that some of the issues they…
Hell broke loose during Sunrise Dairy Cooperative Society in Butali Chegulo ward, Malava constituency annual general meeting after members protested and called for the immediate arrest of staff and individuals who purchased their products and have refused to pay a debt amounting to Ksh218, 000. The members unanimously agreed to surcharge the debt to the…
Vihiga County is planning to allocate Ksh525 million towards Co-operative Development Services to strengthen management of co-operatives in the county. According to its 2023-2027 County Integrated Development Plan (CIDP), Ksh 80 million will be set aside to fund the initiative. The county is targeting to use this sum to register 285 active co-operatives in the…
As the Country’s hard economy bites most of the Kenyans, Boda boda riders, farmers and traders from Western region have been asked to join Saccos and save for the future. Speaking to Journalists in Busia town, Godfrey Saidi, Chairman of Faridi Sacco stated that many boda boda riders are facing a lot of challenges of…
National Transport Safety Authority (NTSA) has cancelled over 2.5 million fake licenses belonging to bodaboda riders. An official from the authority stated that most of the licenses were duplicates of others done online in cahoots with cyber cafes and after realizing the syndicate, they cleaned their online system and removed them. Speaking during a national…
By Roy HezronVihiga County Government has committed to support Savings and Credit Co-operatives (Saccos) throughestablishment of a revolving fund.Speaking during a stakeholders meeting to discuss the performance of the Vihiga County Traders Saccoin December 2022, the County Governor Dr. Wilber Ottichilo hinted that the Sacco, which mainly drawsits membership from micro and small traders, would…
By Andanje Wakhungu The paper work for the much anticipated multi-million Malava housing plaza has been finalized paving way for the implementation process to commence. Presenting the supervisory report during the 30th Annual General Meeting, the Sacco’s chair lady Beatrice Mukopi informed the members that already National Cooperative Housing Union (NACHU) has allocated Ksh.20Million towards…
By Gilbert Ochieng Busia County Chief Officer for Cooperatives and Investments Patrice Lumumba has revealed they have instituted stringent measures for Saccos aimed at safeguarding the savings of members. Speaking during the 100th Ushirika day celebrations at Busia Vocational Training Centre, Mr. Lumumba said the county government will not relent in its pursuit to ensure…
By Cally Imbai Busia County marked the centenary international day of the cooperative movement with calls for the movement to embrace technology to be able to secure its member’s cash assets. The event that was attended by hundreds of cooperators from across the county was held at the Township Vocational Training Centre grounds on July…
By Fredrick Odiero Cooperative Alliance of Kenya (CAK) Executive Director Daniel Marube has called on Kenyans to cultivate a saving culture by joining Saccos. Marube urged young people to invest in Saccos since there is life after retirement. He posited that the cooperative movement is a key contributor to Kenya’s economic growth. “The cooperative movement contributes…
