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Stakeholders seek an extension of the tax amnesty for more taxpayers to settle balances

Sacco ReviewNovember 27, 2024010 mins

Stakeholders making submissions on the proposed Tax Laws and the Business Laws (Amendment) Bill are seeking an extension of the tax amnesty to cover the taxes due and not paid between December 2022 and December 2025 to allow more taxpayers to take advantage of the program to settle outstanding tax balances. The Stakeholders who were…

Open letter to Boda Boda riders from a grateful citizen

Sacco ReviewNovember 27, 2024010 mins

Dear Boda boda Riders I write this epistle to commend you for the indispensable role you play in our communities. Whether in the bustling streets of our cities or in the quiet corners of our villages, you remain a cornerstone of our transport system, serving millions with dedication, courage, and resilience. You are the unsung…

Why it’s opportune time to promote healthcare cooperatives in Kenya

Sacco ReviewNovember 26, 202406 mins

The recent heart-rending media reports on the sorry state of Koyasa Dispensary located in Kibish Sub-county of Turkana County left many Kenyans marveling at the way residents of that region survive in terms of healthcare. It was reported that the Dispensary in question was designed to serve a total of 5000 villagers but they had…

Bungoma residents support parliament’s zero taxation on farm inputs proposal

Sacco ReviewNovember 26, 202405 mins

Residents of Bungoma County have supported the proposal on zero taxation on farm inputs such as fertilizer. The residents participated in The National Assembly’s Departmental Committee on Finance and National Planning public participation on six (6) business related Bills that are currently before the National Assembly for consideration. The residents further asked the committee to…

CS Oparanya calls for actionable ideas to propel Kenya’s Cooperative Movement forward

Sacco ReviewNovember 25, 202404 mins

Cabinet Secretary for the Ministry of Cooperatives and MSMEs Development, Wycliffe Oparanya, has urged cooperative movement stakeholders to come up with actionable ideas to propel the cooperative sector forward. Oparanya, who was addressing the cooperative movement stakeholders during the 3rd Annual Cooperative Movement Stakeholders’ Forum held from 18th to 22nd November 2024 in Naivasha, said…

CS Oparanya instructs Commissioner for Coops Development to develop Dividend Policy

Sacco ReviewNovember 25, 202403 mins

Cooperatives and MSMEs Development Cabinet Secretary Wycliffe Oparanya has instructed Commissioner for Cooperatives Development to develop a Dividend Policy for Cooperatives that will ensure that no cooperative borrows to pay dividends. The CS who was speaking in Nairobi during the launch of the strategic plan 2023-2027 for new Kenya Planters Cooperative Union (KPCU) said the…

SACCOs thriving today, but are they ready for tomorrow?

Sacco ReviewNovember 25, 2024012 mins

Savings and Credit Cooperative Organizations (SACCOs) have long been heralded as engines of financial empowerment, particularly in underserved and emerging markets. They provide a lifeline for millions by offering affordable credit, encouraging savings, and promoting economic inclusion. Yet, like any other financial or corporate institution, SACCOs are not immune to the inherent cycles of growth,…

Over 100 boda boda riders begin professional training in West Pokot

Sacco ReviewNovember 13, 202403 mins

More than 100 Boda Boda riders have been enrolled for a driving course upon which they will graduate as professional riders after three months of continuous training at Mnagei Driving School in West Pokot County. Speaking during the inauguration of the course, the West Pokot women representative, Hon Rael Aleutum, asked the drivers to work…

ACCOSCA, ACDF convene 2nd International CEOs’ Credit Union Summit in Africa

Sacco ReviewNovember 13, 202403 mins

African Confederation of Cooperative Savings and Credit Associations (ACCOSCA) in close collaboration with the Africa Co-operative Development Foundation (ACDF) held 2nd International CEOs’ Credit Union Summit in Africa. The selected global Cooperative business leaders convened in Zimbabwe, Botswana, and Zambia to unpack strategies to foster the growth and development of SACCOs in Africa. The leaders…

Governor Lusaka unveils plans to restructure cooperatives for improved farmer support

Sacco ReviewNovember 13, 202403 mins

Bungoma Governor Kenneth Lusaka has revealed plans to restructure cooperative societies to boost their efficiency and allow them support farmers more effectively. Speaking at a burial ceremony in Kabuchai constituency, Lusaka underscored the critical role that cooperatives play in empowering the local farming community and lifting the region’s economic prospects. “Cooperative societies are the lifeline of farmers’…