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We’ve trained 300, 000 youth on digital jobs, Owalo says

Sacco ReviewMay 29, 202405 mins

Cabinet Secretary of ICT Eliud Owalo has revealed that over 300,000 youths have been trained, and more than 1,000 digital jobs created since the start of digitalization programme year ago. Owalo remains optimistic that within the next two years, two million digital jobs will be generated. He further stated that ICT offers abundant job opportunities…

Citibank NA named top overall best bank award in Kenya 2024

Sacco ReviewMay 28, 202403 mins

Citibank NA has scooped the best bank in the country at the Think Business Banking Awards 2024 with Standard Chartered and Equity came in at position two and three. Citibank also was named the best inb corporate banking, internet banking and product innovation categories. I&M Group PLC was recognized as the best customer-centric bank, and…

Westlands ranked the most preferred commercial business area

Sacco ReviewMay 28, 2024May 28, 202403 mins

In 2023, Westlands attracted more office and real estate investors compared to other regions in the Nairobi Metropolitan Area (NMA) thus raising its rental yields. This was largely contributed by attractive business atmosphere and good road network. The average rental yields were 8.5 per cent which is 0.8 per cent higher than the average market…

Cooperative society in Matungulu donates land to government for construction of social amenities

Sacco ReviewMay 28, 202403 mins

Kwa Mating’i Farmers’ Cooperative Society has made a compelling appeal to both the county and national governments, urging them to utilize an 8-acre piece of land within the cooperative society’s boundaries for the development of essential social amenities. James Mwovi, the chairperson of the cooperative society, announced that the society has strategically set aside this…

Kilifi registers five new cooperative societies

Sacco ReviewMay 28, 202402 mins

Kilifi North Sub-county in Kilifi County has registered five new cooperative societies, Sacco Review has learnt. Kilifi North Sub-county cooperative officer, Julius Mwamuye told Sacco Review in Kilifi town recently that one dormant cooperative society, Kilifi Riders Sacco has been revived. He further said that two dormant cooperative societies in the sub-county have been set for…

Five factors to consider before taking a loan

Sacco ReviewMay 27, 202404 mins

Before borrowing wisely consider why you want the money and how you are going to repay back. Borrowing if done prudently makes someone better in the long run. Loan are useful in many areas including education, property acquisition, and medical among others. Below are five considerations 1. The purpose of the loan? When borrowing, you…

President Ruto to open Nyanza International Investment Conference in June

Sacco ReviewMay 27, 202408 mins

President William Ruto is expected to visit Kisumu to preside over the official opening of the Nyanza International Investment Conference (NIIC) next month, it has been revealed. Information and Communication Technology Cabinet Secretary Eliud Owalo said the President will officially grace the conference. “The Head of State himself will lead a team of local and international investors…

Imarisha Sacco donates sanitary towels to hearing impaired learners in Kericho

Sacco ReviewMay 27, 202402 mins

On Saturday May 25, 2024, Imarisha Sacco members visited Kedowa Special School For the Deaf located in Kericho County. The Sacco members donated various items including sanitary towels, tissue papers among other items for the use by the learners. “CSR is at the heart of Imarisha Sacco Society Limited, Our commitment to serving humanity is…

NCBA records first quarter net profit up five per cent to KSh5.3 billion

Sacco ReviewMay 25, 202402 mins

NCBA Group PLC recorded a profit after tax of KSh5.3 billion in its first quarter of 2024 financial results, representing a 5 per cent increase compared to Ksh5.1 billion reported during a similar period last year. It posted an operating income of KSh16 billion and a decline in loan impairment charges of 30.9 per cent…

Government asked to waive debt owed by cooperative societies in Machakos

Sacco ReviewMay 25, 2024May 25, 202402 mins

Machakos Deputy Governor Francis Mwangangi has made a strong appeal to the national government to waive the long-standing debts that are hindering the operations of cooperative societies within Machakos County. Speaking at a meeting with the Kwa Mating’i Farmers Cooperative Society in Matungulu, Mwangangi highlighted the severe impact of these debts. “Many cooperative societies are…