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

PS Mang’eni on tour to explore partnerships with Indian MSMEs

Sacco ReviewAugust 21, 2024August 21, 202402 mins

The Principal Secretary (PS) to the State Department for Micro, Small and Medium Enterprises (MSMEs) Development, Susan Auma Mang’eni, is in India for the three-day India Africa Business Conclave organized by the Confederation of Indian Industries. In an announcement made on her official X (formerly Twitter) account seen by Sacco Review, Mang’eni said that she…

Kisumu fishermen to be trained on modern fish farming

Sacco ReviewAugust 20, 2024August 20, 202404 mins

Mining and Blue Economy Cabinet Secretary (CS) Hassan Joho has directed ministry officials to start identifying fish landing sites and fishermen to be trained on modern methods of fish farming. Joho said it is incumbent upon the government to enlighten fisherfolk on evolving fishing methods which will go a long way in easing pressures exerted…

Kilifi farmers urged to use irrigation methods to boost food production

Sacco ReviewAugust 20, 2024August 20, 202403 mins

The Chief Officer at the Department of Agriculture and Crops in Kilifi County has urged farmers to employ irrigation methods to beef up the production of food. Speaking during the distribution of hand pumps and dam liners recently in Tezo, Kilifi North, Officer Teddy Yawa said that farmers should desist from over-dependence on rainfall as…

Farmers urged to join cooperatives as Cotton farming gains momentum

Sacco ReviewAugust 20, 2024August 20, 202403 mins

Farmers in Ruiri Rwarera, Buuri East sub-county have been urged to join Cotton cooperative societies in the area so as to benefit from BT Cotton seedling distribution initiative ahead of the planting season. Former nominated MCA in the Meru County Assembly Betty Kinya Kiambati disclosed that the area is rich in black cotton, the type…

Co-op Bank half-year net profit soars to Ksh13 billion

Sacco ReviewAugust 19, 2024August 19, 202405 mins

Co-operative Bank of Kenya’s (Co-op Bank) net profit grew 7 per cent to Ksh12.99 billion for the half-year ending June 2024, driven by higher interest and non-interest income. The lender’s net earnings increased from Ksh12.14 billion reported during the same period last year. This growth was driven by a 10.7 per cent rise in net…

Embrace good governance for survival, Saccos leaders told

Sacco ReviewAugust 19, 2024August 20, 202403 mins

Savings and Credit Cooperative (Saccos) will survive hard times when leaders embrace good governance and transparent leadership. According to CIC General Manager, Cooperatives, Richard Nyakenogo, societies that are run in a transparent and accountable manner survive hard economic times and later prosper. Speaking in Kericho during this year’s Ushirika Day celebrations, he told Saccos leadership…

Treasury PS summoned to Parliament over delayed coffee funds

Sacco ReviewAugust 16, 2024August 20, 202403 mins

The National Assembly Committee for Trade, Industry and Cooperatives has demanded Treasury Principal Secretary (PS) Dr. Chris Kiptoo to appear before the committee to explain the reasons behind delays in disbursing funds for coffee and grain farmers. The Committee, led by James Gakuya (Embakasi North MP), resolved to meet the PS after a senior Treasury…

Kisumu County avails elaborate strategy to revive Co-operatives

Sacco ReviewAugust 15, 2024August 15, 202406 mins

Kisumu County government has come up with a comprehensive plan meant to revive the co-operative movement and help them to thrive and further help improve the county’s economic growth. Speaking during this year’s Ushirika Day celebrations in the County which were held at the YMCA grounds, Kisumu County Executive Committee Member of Trade, Cooperatives, Industry…

I will resign if you ignore my proposals, Oparanya tells Govt

Sacco ReviewAugust 12, 2024August 15, 202402 mins

New Co-operative and MSMEs Cabinet Secretary (CS) Wycliffe Oparanya has warned of his resignation from the Kenya Kwanza administration if his recommendations are not implemented. Speaking at Mariakani Church of God in South B on Sunday, August 11, 2024, Oparanya emphasized that his appointment by President Ruto was based on his extensive experience and track…

Sugarcane farmers condemn reduction of cane purchase price

Sacco ReviewAugust 12, 2024August 12, 202403 mins

The Kenya Union of Sugar Plantation Workers (KUSPAW) has opposed the new sugarcane price announced by the Agriculture and Food Authority (AFA) noting that due process was not been followed. KUSPAW Secretary General Francis Wangara said that announcement of the reduction of sugar cane prices was illegal. Speaking in Kisumu, Wangara said that the Agriculture…