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State calls for responsible corporate governance in Saccos

Sacco ReviewAugust 27, 2024August 27, 202403 mins

The Government has called for responsible corporate governance in Saccos and accountability by leaders found culpable of financial irregularities. Principal Secretary for the State Department of Cooperatives Patrick Kilemi was speaking during the Nairobi SACCO Leaders’ Consultative Forum held by the Kenya Union of Savings and Credit Co-operatives Ltd (KUSCCO), where he noted that the…

Adhere to bylaws to boost service delivery, Saccos told

Sacco ReviewAugust 27, 2024August 27, 202403 mins

Nakuru County Deputy Director of Cooperatives George Ogallo has urged Saccos and cooperative societies to strictly adhere to rules and bylaws to ensure efficient service delivery to members. He made the remarks while addressing delegates during ACK Imani Talent Sacco Annual General Meeting (AGM) recently. The Director observed that Annual General Meetings are essential to…

Nduluma Coffee Factory attains top price at weekly auction

Sacco ReviewAugust 27, 2024August 27, 202403 mins

The Nduluma Coffee Factory in Tharaka Nithi, recently promoted by the new Kenya Planters Co-operative Union (KPCU), achieved the top price at last week’s weekly coffee auction, with a bag of Grade AA coffee fetching Ksh46,562. The factory, a member of the Tharaka Coffee Growers’ Cooperative Society, has earned a strong reputation for producing high-quality…

KCC to halt milk supply to Govt agencies over Ksh184.3M debt

Sacco ReviewAugust 27, 2024August 27, 202404 mins

Members of Parliament have instructed the New Kenya Co-operative Creameries (KCC) to halt milk supply to the State House and other government agencies that have pending bills worth Ksh184.3 million. This is after the New KCC Managing Director Samuel Ichura and Cooperatives Principal Secretary (PS) Patrick Kilemi appeared before the National Assembly Committee on Trade,…

Agriculture PS reveals Govt has distributed 100 mobile driers across the country

Sacco ReviewAugust 26, 202403 mins

Principal Secretary (PS) State Department for Agriculture Dr Paul Ronoh has revealed that the national government has distributed 100 mobile driers across the country to help minimize post-harvest losses. The PS speaking at Lulu Farm in Trans Nzoia County recently revealed that the county will receive 230 smaller driers on top of the 10 big…

Joho affirms Govt commitment to streamline mining sector

Sacco ReviewAugust 26, 202402 mins

Mining, Fisheries and Blue Economy Cabinet Secretary (CS) Hassan Joho has announced that the government intends to streamline the mining sector. Speaking in Kisumu when he met mining officials and artisan miners from Rift valley and Nyanza regions recently, the CS said that the government seeks to introduce reforms in bid to improve the sector….

Hope for former Nakumatt employees as date with trustees is set

Sacco ReviewAugust 24, 2024August 24, 202403 mins

There is a ray of hope of compensation for former employees of Nakumatt Supermarket after they were invited to a meeting with trustees and the liquidator to learn about how they will get their benefits. According to a notice issued today, the supermarket asked their former employees who are yet to receive their pensions to…

Sugar industry union warns of backlash if rejected finance bill is reintroduced

Sacco ReviewAugust 24, 202404 mins

A sugar workers union has warned of a major backlash if the rejected Finance Bill 2024 is forced down the throats of Kenyans. The Kenya Union of Sugar Plantation Workers (KUSPAW) Secretary General Francis Wangara said Kenyans will resist attempts to reintroduce the bill. Speaking in his Kisumu office, Wangara observed that there is nothing…

Oparanya affirms govt commitment to address challenges facing sector

Sacco ReviewAugust 24, 202404 mins

Cooperatives Cabinet Secretary (CS) Wycliffe Oparanya has affirmed that the government is committed to undertake several policy interventions to address the challenges affecting the sector. The CS, speaking during the launch of the Inaugural Annual SME Conference, Awards and Exhibition yesterday hosted by the Kenya Private Sector Alliance (KEPSA) at the Kenya Institute of Curriculum…

Saccos urged to embrace tech to lure youth membership

Sacco ReviewAugust 23, 2024August 23, 202403 mins

The Kenya Union of Savings & Credit Co-operatives Ltd (KUSCCO) Group Managing Director Arnold Munene has urged Saccos to take advantage of enhanced technology to boost their membership. Munene, in a commentary in one of the dailies, said that by doing so they will tap into the youth demographic which forms a majority of the…