Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
The Appeal Court has given orders barring an High Court ruling delivered in September last year which nullified the Banking (Credit Reference Bureau-CRB) Regulations 2020 pending the hearing and determination of the appeal case filed by the Central Bank of Kenya (CBK). The implication is that Saccos are now free to share members’ details with…
The Government through the Ministry of Agriculture and Livestock has developed robust measures through a recently developed policy which will ease access to fertilizer to all farmers in a bid to improve crop yield and solve the challenges farmers faced in the past. Through its Agricultural Soil Management Policy 2023, prepared by the State Department…
Cane farmers have told Sugar millers that they won’t accept less than KSh6050 per tonne for cane delivered to the factories for milling. The farmers declared that the payment per ton as from this month (February) will only be reviewed upwards and not downwards as has been the trend for many years. The sentiments were…
Opposition leader Raila Odinga has said that he has the solution to the problems bedeviling the implementation of the government’s affordable housing project and he is only bidding his time before coming to the rescue. Raila said he is the only Kenyan who has the secret and blueprint to the success of the project because…
Sacco Society Regulatory Authority (Sasra) has warned the public against undertaking any related Savings and Credit Co-operative (Sacco) business with those entities that are not registered and regulated by the Authority. In a recent Public Caution issued by Chief Executive Officer (CEO) Peter Njuguna, the Authority has observed that a large section of members of…
Kenya scooped the second position for the most innovative products during the recently concluded 23rd East Africa Community Micro, Small and Medium-sized Enterprises (MSMEs) Trade Fair formerly known as the Jua Kali-Nguvu Kazi Exhibition after the United Republic of Tanzania clinched first position in the exhibitions held in Bujumbura, Burundi. The Trade Fair whose theme…
The Co-operative Bill, 2023 has now been put on hold after county governors claimed that they were not consulted during the drafting. Sponsored by the government through the Ministry of Co-operatives and Micro, Small and Medium-sized Enterprises (MSMEs) Development, the Bill was in Parliament to allow for its first reading before proceeding to other stages…
The Kisumu county government has ordered all public transport owners to register their vehicles with Savings and Credit Cooperative Organization (Saccos). The County Executive Committee Member (CECM) in charge of Infrastructure, Energy and Public Work Mr Salmon Orimba said it is a Government policy that all matatus must be registered with Saccos warning that vehicles…
The government is committed to creating jobs for youths across the country using digital platforms, Information Communications and Digital Economy Cabinet Secretary (CS) Eliud Owalo has said. Owalo said that this is in line with the government’s manifesto to create employment opportunities for the youth adding that they will ensure that all youth are engaged…
The Kenya Union of Sugarcane Plantation and Allied Workers (KUSPAW) has threatened to move to court to stop the process of leasing State-owned sugar factories if the debt owed to workers is not cleared. Union Secretary General (SG) Francis Wangara said the workers were owed over KSh5.5 billion yet there was no clear indication of…
