Sacco Review|The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
Caritas Microfinance Bank has opened a new branch in Nakuru city, in a colorful ceremony attended by Nakuru Deputy Governor David Jones and Nakuru Catholic Diocese Bishop Rt. Rev. Cleophas Oseso. Kones promised that the county government will continue to create a conducive environment to attract more investors, especially financial institutions, to provide more services…
Kenya Teachers Sacco Association (KETSA) has registered significant growth in its programmes for the last one year. Association Chairman Robert Kithanju revealed that the programmes undertaken by KETSA have led to a growth in asset base from Ksh260 million in May 2022 to Ksh349 million currently, translating to a growth of 34 per cent. During…
Uasin Gishu governor Jonathan Bii has promised to increase the Cooperative fund through a hustler kitty, a move that echoes the national government’s bottom up economics. He said this will ensure that many people who are in groups benefit. “As a county, we have a standalone Cooperative ministry and my government will increase money allocated…
Uasin Gishu county department of Trade, Industrialization, Tourism, Cooperatives and Enterprise Development has organized a highly impactful capacity building and training exercise for Saccos and cooperatives to enhance the movement’s productivity in the area. The department’s CECM Martha Cheruto said the training focused on share mobilization, bookkeeping and auditing, management strategies and embracing new technological…
Sugarcane farmers in Kericho county are a happy lot following the opening of West Valley Sugar Company in Soin Sigowet Sub county. The company’s Managing Director Bernard Soi revealed that the company has so far registered 3,500 farmers who will supply their cane produce to the facility. “Our field officers have visited and interacted with…
Coffee Cooperative societies in Kericho County have been advised to diversify their production activities so as to cushion them in hard times The Kericho County Commissioner of Cooperatives Mr. Leonard Otii said they were encouraging coffee Cooperative societies and others to embrace diversification of activities so as to enable generation of income if one of…
North Kinangop Sub-county Cooperative Officer Anastacia Kimani has urged cooperative societies to ensure that they present detailed and credible financial reports during annual general meetings (AGM) to uphold transparency in the sector. Kimani said many cooperatives have not been fully complying with International Financial Reporting Standards and Sacco Societies Act No.14 of 2008. “Many cooperative…
KUSCCO Rift Valley Regional Chairman David Langat has revealed that 22 Saccos from the region have joined the umbrella association. Speaking at Waterbuck Hotel in Nakuru City during KUSCCO’s 35th regional council meeting, Lang’at welcomed the Saccos into the union and promised to assist them prosper in their programmes. The new members are Chemoton, Elean,…
KUSCCO Rift Valley Regional Chairman David Langat has revealed that 22 Saccos from the region have joined the umbrella association. Speaking at Waterbuck Hotel in Nakuru City during KUSCCO’s 35th regional council meeting, Lang’at welcomed the Saccos into the union and promised to assist them prosper in their programmes. The new members are Chemoton, Elean,…
Caritas Microfinance Bank has opened a new branch in Nakuru City in a colorful ceremony attended by Nakuru Deputy Governor David Kones and Nakuru Catholic Diocese Bishop Cleophas Oseso of Nakuru Catholic Diocese. The deputy governor said the County government of Nakuru will continue to create a conducive environment to attract more investors especially financial…
