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

Unison Sacco seeks to hire 12 workers for different posts

Sacco ReviewJuly 23, 202405 mins

Unison Sacco, a leading Tier One Deposit-Taking Savings and Credit Cooperative, is seeking to hire nine clerks, one internal audit clerk, and two call center officers. The nine clerk officers will be deployed to perform as Teller/Customer care officer/Loan assistant/Marketing officer. The minimum qualifications for these positions include; a Diploma in Management, Co-operative Studies, Marketing,…

Ruto advised to appoint Co-op CS with experience in sector

Sacco ReviewJuly 22, 202405 mins

As the President plans to reconstitute his cabinet, members of a Sacco have urged him to appoint a Cabinet Secretary with expertise in managing cooperatives. Members of Anchor Premier Sacco have expressed that appointing someone with experience in managing cooperative societies to lead the Ministry of Cooperatives and Micro, Small, and Medium Enterprises Development would…

Agritech Leads AI Applications in Kenya, Reveals Report

Sacco ReviewJuly 19, 202405 mins

The adoption of cutting-edge Artificial Intelligence (AI) technology in Kenya is primarily focused on the agricultural sector. This includes the integration of machine learning to provide local farmers with data-driven insights aimed at optimizing productivity, as indicated by a recent report. According to the Global System for Communications Association (GSMA)’s ‘AI for Africa’ report, agriculture…

KDIC appeals court ruling regarding Ksh215 million premiums refund to Absa

Sacco ReviewJuly 18, 202405 mins

The Kenya Deposit Insurance Corporation (KDIC) has intensified its dispute with Absa Bank Kenya regarding a KSh215 million refund claim made by the bank, concerning purported over payments in statutory deposit protection fund premiums. The lender listed on the Nairobi Securities Exchange (NSE), filed a legal action against KDIC on October 14, 2023, requesting a…

Fertilizer imports decreased drastically this year, study shows

Sacco ReviewJuly 17, 202404 mins

The country’s fertilizer imports reduced by three- quarters ahead of this year’s main planting season with data from Kenya National Bureau of Statistics (KNBS) showing that approximately 143, 569.5 tonnes of chemical fertilizer were imported into the country during the first quarter of the year. The imports represented a 66.27 per cent decrease compared to…

Active Co-op members more optimistic and happier lot, study shows

Sacco ReviewJuly 12, 202407 mins

Active members of a cooperative are more likely to be assisted by their respective entities in case of any unforeseen challenges, a recent research study has shown. According to a Cooperative Resilience Longitudinal Study in Kenya, which was conducted for the last 5 years, about 82 per cent of cooperative members expressed certainty that if…

Fired Cooperatives CS Chelugui speaks out

Sacco ReviewJuly 12, 202403 mins

Cooperatives and MSME Development Cabinet Secretary Simon Chelugui has issued statement moments after being sacked. In a statement shared on X, Chelugui thanked President William Ruto for entrusting and giving him an opportunity to serve the people of Kenya under his administration. While quoting bible, Chelugui thanked Ruto and Kenyans and promised to support Ruto…

Will Ministry of Cooperatives be merged with another ministry in the upcoming changes?

Sacco ReviewJuly 11, 2024July 11, 202402 mins

Cooperative sector stakeholders are now waiting to see if the President Willaim Ruto will keep the Ministry of Co-operatives and Micro, Small and Medium Enterprises Development as standalone ministry or it will be absorbed by other ministries. This is after President dismissing all members of his Cabinet including Attorney General. Ruto announced that only Prime…

President Ruto to preside over livestock auction in Kisumu this month

Sacco ReviewJuly 11, 202405 mins

President William Ruto is expected to preside over a livestock auction at this year’s Agricultural Society of Kenya (ASK) Kisumu Regional Show, slated for July 24-28 at Mamboleo Showground. The auction, which is being held for the first time in Kisumu County, will be a key attraction at the regional show, which has attracted over…

Machakos cooperatives receive support to improve marketing of farm produce

Sacco ReviewJuly 11, 202404 mins

Four Saccos in Machakos County have received support from the county government through the Emergency Locusts Response Fund (ELRP) in order to improve on collective marketing of farm produce and increase access to savings and credit facilities. The four farmer producer organizations will receive an inclusion grant of KSH500,000 each through ELRP programme which today…