Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
Harrison Kenga, a TukTuk operator based in Mombasa, was recently awarded a new Piaggio machine by President William Ruto. During the fund’s first anniversary, Kenga was named the top borrower of the Hustler Fund, having taken a loan of Ksh714, 000 so far. The President promised to buy him a TukTuk. Kenga started with a…
A group of boda boda riders from Ruiru in Kiambu County have a reason to celebrate after they acquired a 5-acre piece of land along Thika Road, with the help of Kamuthi Housing Cooperative Society. The Boda Boda Association, consisting of 200 members, received a title deed after diligently saving Ksh50 per day. Lawrence Kariuki,…
ACK Imani Talent Sacco has embarked on a rigorous member recruitment drive to boost its capital base. Every Sunday, the church-based Sacco, which was ranked the third best Sacco in Nakuru County during this year’s Ushirika Day celebrations, sends its marketers for member recruitment campaigns in various ACK churches within Nakuru diocese. Recently, the Sacco’s…
Kenya Bankers Sacco has launched a Christmas raffle draw which will see members who deposit more than their usual monthly savings gifted shopping vouchers with a goat as the grand prize. To qualify, members must have a minimum share capital of Ksh30,000 and have made deposits between November 24 and December 20. The Sacco will…
The Ministry of Cooperatives and MSMEs Development Cabinet Secretary, Simon Chelugui, has highlighted the important role played by the Cooperative University of Kenya (CUK) in enhancing professionalism within the cooperative movement. According to him, the university’s contribution in equipping and training the workforce in the cooperative sector is crucial for the sustainability of Saccos. “As…
The New Kenya Co-operative Creameries Limited (New KCC) will not be included in the list of 11 state corporations slated to be privatized. According to Cooperatives and MSMEs Development Cabinet Secretary Simon Chelugui, there is a four-year Cabinet decree that invalidates the privatization of the New KCC. During a meeting with the management in Naivasha,…
Stanbic Bank has partnered with the County government of Taita Taveta to provide a one-week digital skills training to Vocational Training instructors, and Micro, Small and Medium Enterprises (MSMEs) entrepreneurs on the use of online platforms to grow their businesses. Speaking at Mwanjila Vocational Training Center (VTC) in Bura on Friday after receiving 10 desktop…
Despite facing an imminent sale, New Kenya Cooperative Creameries (KCC) remains steadfast in its pursuit of launching a new Strategic Plan. Cabinet Secretary for Cooperatives and MSMEs Development, Simon Chelugui, joined New KCC’s Board of Directors in Naivasha on November 30 to contribute to the development of the Plan. He emphasized the significance of the…
Alex Chamwada, the Founder and Chief Executive Officer (CEO) of Chams Media, a communication consultancy firm specializing in content creation, has expressed pride for contributing to the growth of the cooperative movement. The media personality, who worked with several national TV stations before debuting his renowned programme – ‘Daring Abroad’ – made the remarks while…
The County government of Taita Taveta has joined counties eyeing the livestock export market following the official launch of the Livestock Feed Strategy 2022 – 2032 on Thursday at Panlis in Mwatate. The 10-year plan aims at promoting efforts to address the livestock feed deficit in the county which currently stands at 60%. According to…
