Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
A new team has officially taken over the leadership of Kisumu Journalists Network (KJN) following elections held on November 25 at the lakeside city. The team dubbed ‘Team Fresh’, led by veteran journalist Dickens Wasonga as the new Chairman, has managed to bag all the positions from Chairperson to Organizing Secretary. In a hotly contested…
The Tumeiyo Farmers’ Cooperative has been gifted a brand new pickup truck valued at Ksh4.1 million by the Elgeyo Marakwet county government. The vehicle, delivered by the Cooperatives and Trade CECM Robert Kangogo, will be used to collect milk from farmers and transport it to the Kamet Union in Metkei. Kangogo encouraged the cooperative members…
The Kenya County Government Workers Union (KCGWU) has threatened to move to Court if the government does not rescind its decision to enforce the Social Health Insurance Bill 2023. “We have instructed our lawyers to critically analyze the document and point out clauses that are unconstitutional and oppressive to our members. We will be moving…
The Co-operative University of Kenya (CUK) will hold its 8th graduation ceremony on Friday December 8, 2023 at its main campus in Karen, Nairobi. A notice shared by the university on its official social media platforms indicates that the event will be presided over by the Cabinet Secretary (CS) for Co-operatives and Micro, Small, and…
The county government of Kisumu has partnered with Safaricom to scale up revenue collection in a major deal where the devolved unit targets to net Ksh2.2 billion in the 2023/2024 Financial Year (FY), an increase of Ksh1.1 billion from the previous year. The County Executive Committee Member (CECM) in charge of Finance, Economic Planning, and…
Boresha Sacco CEO Jacob Mengich has urged journalists in Baringo to join Saccos and utilize the cooperatives’ pocket-friendly access to credit and investment products and services. “While you educate the public about the benefits of a saving culture and the inclusive nature of cooperatives, I encourage you to join Saccos and take advantage of their…
Principal Secretary (PS) in the Ministry of Co-operatives and Micro, Small, and Medium Enterprises (MSMEs) Development, Patrick Kiburi Kilemi, has emphasized the importance of cooperative policies in driving the economy. Speaking during a consultative meeting in Nairobi with co-operative developers today, PS Kilemi urged policy planners to collaborate and utilize their expertise for the benefit…
As the world of business evolves and as companies look for ways to stay ahead of the curve, Savings and Credit Cooperatives (Saccos) are moving away from traditional formulae to competitive recruitment of staff. Majority of the regulated Saccos are now advertising vacant positions in national daily newspapers, while others hire employment agencies to advertise…
The Co-operative Bill 2023 is a game-changer as it will allow the government a level of control over activities of the cooperative movement and intervene in case of any risk that may threaten the movement with the aim of making the multi-billion sector flourish again. A look into the bill shows that unlike before when…
Kenya Union of Savings and Credit Co-operatives (KUSCCO), the umbrella body for Savings and Credit Cooperatives (SACCOs) in Kenya, has maintained that it doesn’t engage in any illegal business and operates within the stipulated laws that govern its operations. In a letter dated October 12, 2023 sent to all Sacco Chairpersons and which was a…
