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 geared…
By Nancy Masit Nancymasit80@gmail.com. Members of Nkoilale Women Group in Narok South Sub-County are now engaged in commercial bead weaving which has impacted positively on their lives. Magdalene Ntinka who is the production officer at their craft centre said the group was started in 2005 and has 85 women whose main activity is beadwork and…
By Benedict Ng’etich The chairman Sotico Sacco Samuel Munyao Nzeki says they faced challenges because of member’s defaulting on loan repayment. He told delegates that they tried to assist members having huge unbearable loans by amalgamating them but the process was only a short term remedy. “That is because members found themselves in default again…
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 Dairy farmers in Kapchemutwa Ward in Iten, Keiyo North Sub- County have received 33 high quality heifers to boost milk production in the county. It is expected that the Friesian and Ayrshire breed heifers will increase the average milk production from three to seven litres. The County Chief Officer for Livestock, Fisheries…
By Dennis Bett Farmers in Keiyo South, Elgeyo Marakwet County have received at least 100,000 coffee seedlings for planting this season. That was after the farmers in Soy South Ward decided in 2018 to develop their own nurseries instead of buying coffee seedlings from other areas. Soy South Member of County Assembly (MCA), Jonah Tanui…
By Ken Langat Over 17000 dairy farmers from Baringo County have cast aspersions on the proposed BBI Bill fearing that some good clauses would be thrashed if subjected to referendum. Led by Baringo Agriculture Marketing Saccos and Cooperative Societies (Bàmcos) Chairman Samwel Salbei, they stated that clauses mitigating farmers woes should be salvaged through an…
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…
