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

Reprieve for farmers, small traders as proposal to file eTims invoices is dropped

Sacco ReviewJune 19, 202404 mins

Kenya Kwanza MPs have succumbed to public pressure from Kenyans and dropped punitive taxes imposed on proposed Finance Bill 2024. Kenya Kwanza Parliamentary Group (PG) attended a meeting chaired by President William Ruto and his deputy Rigathi Gachagua were it was agreed National Assembly’s Finance Committee to drop some of the proposals. They proposed the…

Cashewnut farmers in Kilifi urged to form Saccos

Sacco ReviewJune 19, 202402 mins

Cashew nut farmers in Kaloleni Sub-county in Kilifi have been asked to cooperate fully and form Saccos and invest heavily to uplift their living standards. Speaking to Sacco Review in Mariakani town recently, Kaloleni Sub-county Cooperative Officer, Amos Kenga lamented that many cashew farmers in the area have not formed Saccos, adding that there is need therefore to…

Kajiado Woman Rep commissions construction of Maasai Market in Ngong

Sacco ReviewJune 18, 202404 mins

Kajiado County Woman Representative Leah Sankaire has commissioned construction of Maasai Market in Ngong, Kajiado North-sub County. Speaking during the launch Sankaire said the market will serve Ushanga women who have been selling their bead (Ushanga) in Nairobi. The market will create job opportunities and transform living standards of the women in the county. Many…

Team formed to address debt write-off for coffee farmers

Sacco ReviewJune 18, 202406 mins

Cabinet Secretary for Cooperatives and Micro, Small and Medium Enterprises Development Simon Chelugui has said the government will form a multi-agency validation team to analyze the submitted debt waiver claims from cooperative societies and prepare a report to the National Treasury for release of funds. The CS who was speaking during a consultative meeting with…

Ruto lauds Meru farmers, launches KSh200m feeds factory

Sacco ReviewJune 18, 202405 mins

President William Ruto has praised the Meru Dairy Farmers Union for its amazing growth. He said this during visit to the farmers’ field day recently alongside Deputy Rigathi Gachagua. The President who spoke moments after presiding over the groundbreaking ceremony for the construction of a KSh200 million dairy feeds factory at Mitunguu in South Imenti…

Governor Wanga provides KSh27 million seeds to over 35,000 farmers in Homa Bay

Sacco ReviewJune 16, 202404 mins

Homa Bay County Governor Gladys Wanga has launched cotton planting initiative called Pamba Mwandu, Cotton is Wealth in the area. She said that Homa Bay has enough water and supportive soil for cotton capable of producing more than 10.4 million tonnes cotton per year enough for home consumption and for sale. “Our black soil and…

Government to support production of orthodox tea due to it high demand globally

Sacco ReviewJune 16, 202405 mins

Agriculture and Livestock Development Cabinet Secretary Mithika Linturi has announced plans to accelerate production of orthodox tea processing following its high souring demands internationally. Speaking at Githongo and Imenti tea factories in Meru County Saturday June 15, the CS said the special tea fetch higher market prices globally compared to the common tea. The future of tea is orthodox so…

Ruto warns coffee farmers against taking huge loans after debt waiver

Sacco ReviewJune 16, 202408 mins

President William Ruto has warned coffee farmers against taking more loans following a waiver issued by the government recently. Speaking at Gitooro ASK showground in Meru County during the Meru Cooperative Dairy Union 9th Farmers Field Day, Ruto cautioned the cooperatives coffee society officials against taking more loans unless it is approved by farmers themselves….

Airtel ventures into home internet to grow customer base

Sacco ReviewJune 15, 202404 mins

Airtel is poised to compete with existing players in Kenya’s home internet market, which has long been dominated by Safaricom. Their new broadband services specifically cater to users in residential and business settings. Named the ‘Unlimited Home Broadband’ service, this product is poised to compete with major operators, including Jamii Telecommunications Limited and Zuku, which…

Relief as mobile money users exempted from tax increase

Sacco ReviewJune 14, 202405 mins

The Treasury has withdrawn its intention to increase the excise duty on mobile money transactions, providing a reprieve to millions of users who depend on these services, such as Safaricom’s M-pesa. National Treasury Cabinet Secretary Njuguna Ndung’u has rolled back the proposal to increase the excise tax duty on mobile transfer services from 15 per…