Sacco Review|The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
By Benedict Ngetich The office of the Kericho Woman Representative has Sh40 million at its disposal for distribution to women groups, co-operatives and for bursaries. Speaking in Chemosot Center of Excellence, the county MP Florence Bore urged those in groups and also individuals to apply for the money. “I am happy to announce at this…
By Munene Maina Scenes of distraught hunger-stricken people in some parts of the country are not so rare. Hunger has remained a recurrent problem that the country has struggled to overcome despite measures taken to ensure food security throughout the country. The National Government has in fact made food security one of its Big Four…
By Our Reporter County Government of Nakuru is determined to support the co-==operative movement for positive growth. The County Co-operative Director Naftali Omari said that they are looking forward to celebrate 96th International Co-operative Day locally called Ushirika Day. The day will be marked on July 7, this year. He said members of cooperative movement…
By Benedict Ngetich Most of the local savings and credit societies are cautiously piloting the new trends of mobile technology which come with a myriad of challenges. From the big societies to those still struggling with recruitment of members, the trend is to venture into mobile banking, this despite the menace of Cyber Crime rearing…
By Dennis Bett The Elgeyo Marakwet County Government has sensitized farmers to embrace the growing of vetiver grass to combat soil erosion in the wake of the ongoing rains that have left behind a trail of destruction. Speaking in Kapsoo and Emsea centres during a public baraza, Governor Alex Tolgos said the rains that continue…
By Benedict Ngetich and Jackline Chepkorir Bomet County Government has rolled out a programme to plant tissue cultured bananas in all the 25 wards. Bomet County Director of Co-operatives K. Kerich said this was aimed at helping societies and members engage in agri-business. “We are providing 4,000 tissue culture banana seedlings in every ward at…
By Benedict Ng’etich Sacco managers have been urged to undertake proper mapping and feasibility studies before opening more offices or branches. Bomet County Director of Co -operatives David Kerich regretted that some Saccos ended up incurring losses by paying rent on offices which were underutilised or were lying completely idle. “It is disheartening when a…
By Stephen Makabila In a rare departure with tradition, where leaders are the ones put under the spotlight, the State Department of Co-operatives now wants individual Sacco members to be alert and hold the leadership of their respective Saccos to account. “We are putting Sacco members on notice. If your Sacco is not performing, ensure…
By Dennis Bett The County Government of Elgeyo Marakwet has created a revolving fund worth Sh10 million for Sacco’s across the county to empower them as well as reviving the dormant co-operatives. As part of the programme, the government will also pursue a welfare scheme programme for the co-operatives which will see members benefit at…
By Benedict Ngetich and Jackline Chepkorir. The new management of Stegro Savings and Credit Society has paid out Sh120 million accumulated tea bonus to farmers. The CEO, Mr Geoffrey Chepkwony said the payments were part of accumulated bonus by farmers who had not been paid by the previous management. Accompanied by the Chairman of the…
