Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
Principal Secretary in the State Department of Agriculture Dr Paul Rono has affirmed that the government is going to deal with sugar cartels in the Nyanza Region in a bid to ensure that sugar farmers fully benefit from their sweat. Speaking during a stakeholder’s visit to inspect the status of Muhoroni and Chemelil Sugar factories,…
In response to the growing surplus of unsold tea, the government has implemented decisive measures to address the situation. These actions specifically target smallholder tea factories under the management of the Kenya Tea Development Agency (KTDA). This comes after a meeting on August 1, 2024 at the Tea Trade Centre, which included Agriculture Principal Secretary…
More than 600 bodaboda operators, tuktuk, and taxi drivers have received grants in form of cheques, car washing machines and water tanks from the National Government Affirmative Action Fund (NGAAF) worth Ksh3.5 million that will help uplift their standards of living. The project pioneered by the Kilifi Women Representative Getrude Mbeyu seeks to empower the…
Nakuru Governor Susan Kihika has splattered monumental smile on Sacco members in the county with the actualization and operationalization of Co-operative revolving fund. The move is a huge boost as the previous county government regimes had failed to put in place the fund despites numerous promises. Equally with the same spirit of increasing capitalization for…
Kenya Sugar Millers Association (KESMA) has appointed former Sony sugar Managing Director (MD) Stephen Ligawa as its new (CEO). Kesma chairperson Jayanti Patel said Ligawa brings over 30 years’ experience in the industry having worked at Sony sugar for all the years. Ligawa takes over from advocate Saulo Wasilwa who principally served in 2022 and…
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,…
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…
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…
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…
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…
