Sacco Leader - Sacco Review|The Leading Newspaper for Co-operative Movement in Kenya

Farmers adopt hybrid technology to increase rice farming

Sacco Review6 days ago08 mins

The African Agricultural Technology Foundation (AATF) is pushing for the adoption of high yielding hybrid varieties to reduce the Government’s annual rice import bills. Also, it is one of the ways aimed at addressing Kenya’s significant rice production shortfall and enhance farmers’ income. Dr Kayode Sanni, who heads AATF’s rice initiative, said the situation has forced…

Cooperative movement retirees urged to offer consultancy services

Sacco Review6 days ago04 mins

Retirees from the cooperative movement in Kisii and Nyamira counties have been urged to offer consultancy services for residents to benefit from their knowledge, skills and experiences. Gusii Coffee Farmers’ Cooperative Union (GFCU) chairman, Peter Onsinyo said the retirees have a wealth of experience to be tapped to boost growth and development in the agricultural…

Delay by counties to remit staff contributions hampering smooth operations of Saccos

Sacco Review7 days ago7 days ago03 mins

The delays and sometime failure by counties to remit deductions to Saccos has hampered their smooth running and even risking liquidity. Saccos now say that employer institutions’ failure to honour their obligations of remitting Sacco deductions affects the financial performance of these firms, despite various policy and administrative measures being put in place to address…

Lands Committee wants Cooperatives Ministry to intervene over liquidation of Drumvale Sacco

Sacco Review7 days ago7 days ago05 mins

The Departmental Committee on Lands has put to task Ministry of Cooperatives officials in connection with the liquidated Drumvale Farmers Cooperative Society. The parliamentarians questioned the Principal Secretary for Cooperative Development Patrick Kilemi on events leading to the liquidation of assets of the Machakos based Cooperative Society that saw members losing over 500 acres of…

Nandi Saccos urged to develop products favourable to farmers to boost food security

Sacco Review1 week ago1 week ago04 mins

Nandi Deputy Governor Yulita Mitei has urged Saccos to develop products that are favourable to farmers to boost food security. Speaking at Kapsabet Showground during a two-day business trade exhibition organized by Kapsabet Showground in conjunction with Nandi County Government, Dr Mitei said the county administration has invested heavily in the agriculture sector calling on…

Over 1,000 boda boda operators receive free training in Uasin Gishu

Sacco Review1 week ago06 mins

Boda Boda Saccos in Uasin Gishu County have received a huge boost through training and award of licences by the Kenya Roads Board (KRB), county administration and Kenya Red Cross among other partners. The training and licensing process served to refine and authorize individuals to operate on the roads legally especially for some who may…

FOPPS Sacco, Co-operative Bank partner on Last Expense Policy Cover

Sacco Review1 week ago1 week ago05 mins

Former Public and Private Sector Cooperative Society (FOPPS) Sacco have entered into a contract with Cooperative Bank as the Last Expense Cover for its members. In a speech during the FOPPS Sacco Annual General Meeting at ACK Guest House in Amagoro, Busia County, National Chairman and founder Ben Akwara said the Last Expense Policy Cover…

Five risk management strategies for Saccos

Sacco Review2 weeks ago06 mins

Saccos benefit many people and in their daily activities they are exposed to a variety of risks — either internal or external. Internal risks are those within the organisation while external risks are outside the control of the Saccos. These risks make Saccos fail to meet their goals and members are the one affected. Among…

Troubled Metropolitan Sacco AGM ends unceremoniously in Kiambu

Sacco Review2 weeks ago2 weeks ago06 mins

Metropolitan Sacco 46th Annual General Meeting (AGM) that was taking place today at Kiambu High School ended unceremoniously as members demanded for financial reports. According to reports, the management of the Sacco said they did not have financial reports because SASRA had not approved them yet. The reports further indicate that members of the Sacco…

Join Saccos to get loans, Embu jua kali artisans advised

Sacco Review2 weeks ago2 weeks ago07 mins

Hesitance and lack of interest by young Jua Kali artisans in welding and metal work related sector in Embu County to join or form Saccos has been blamed for the continued low access to finances to expand their businesses. Such finances including loans and government funds which are readily availed to self-help groups and Saccos…