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Employ stiffer penalties on deductions non-remittance -Kuscco

By Malachi Motano Sacco leaders call for introduction of stiffer penalties against public entity heads who do not remit Sh3.8 billion deducted from workers’ salaries. According to Kenya Union of…

Saccos urged to diversify incomes in 2021

By Malachi Motano Savings and credit cooperatives societies (Sacco) will have to focus more on diversification to create wealth for their members in 2021. According to the Industry players, the…

Sacco rebrands to reflect the changing environment landscape

My Malachi Motano Kenya Police savings and credit cooperative (Sacco) society limited has re-branded to Kenya National Police Deposit Taking (DT) Sacco society limited to reflect the changing environment landscape.

Government owes Saccos Kshs. 3.8B-Kuscco

By Malachi Motano Saccos in the country are owed nearly 4 billion shillings in non-remittance of deductions from members. According to the Kenya union of cooperatives (Kuscco) managing director George…

CS Munya says it’s time to streamline the coffee sector

By Malachi Motano The Cabinet secretary (CS) for Agriculture Peter Munya says it is high time the coffee sector is streamlined to allow farmers benefit from their commodity. “We have…

TANGAZOLETU 2.0 LIMITED SPONSORS INNOVATIONS WORKSHOP

Tangazoletu 2.0 Limited, one of the leading service IT service provider in the country, has organised an innovations workshop for Saccos in Nyeri county on May 10th, 2019 The workshop…

Co-ops plan to invest heavily in housing sector

By Stephen Makabila Under the Big 4 Agenda of President Uhuru Kenyatta’s last five years in office ahead of his retirement in year 2022, the co-operative sector is expected to…

Members’ lethargy fuelling corruption in Saccos-Official

By Azael Masese Failure by co-operative members to interrogate the performance of their respective organisations has been identified as a weakness that needs urgent remedy. Intriguingly, this happens even in…

Govt targets Saccos in money laundering

By Munene Maina The Government has moved with speed to avert money laundering within savings and credit societies. At a time when several banks were implicated in the infamous National…

Saccos offering best returns on investment revealed

Below is a glimpse on what co-operators earned for the financial year 2017 from various saving and credit societies based on financial reports seen by Sacco Review.