Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
Uasin Gishu Chief Officer for Cooperatives and Enterprise Development Ruth Samoei has urged cooperative societies to allow young people in their management. Speaking during a visit to the Kipsonoi Dairy Cooperative Society in Bomet County, Samoei noted that most cooperatives are run by old folks and that there is a need for a paradigm shift…
The County Government of Tana River has set aside Ksh10 million this Financial Year 2023/24 for loans to enable small-scale traders to expand their businesses. Kenya National Chamber of Commerce and Industry (KNCCI ) Tana River county branch chairman Hassan Barisa revealed that the money, which is a revolving Fund, will be disbursed from next…
The Kenya Electricity Generating Company (KenGen) has reported a 48% growth in profit after tax for the Financial Year (FY) ended June 30, 2023, surging to Ksh5.02 billion up from Ksh3.4 billion in the previous FY. It also reported a 14% growth in revenue from Ksh47.48 billion in 2022 to Ksh53.96 billion largely spurred by…
The National and County governments have been urged to encourage farmers to take up climate-smart agricultural practices to boost food security in the country. Speaking in Kisumu early this week, Queen Máxima Zorreguieta Cerruti said that farmers would realize high yields if they embraced climate-smart agriculture in the wake of climate change, drought and floods….
Kisii County Governor Simba Arati has asked Boda boda riders in the area to cultivate a saving culture to enhance their financial stability. Arati said that the industry has the potential to make the riders financially competent with the ability to loan out money instead of being chronic borrowers. “Yours is a potential institution that…
The Kericho County Governor has urged Saccos in the area to put in place tough anti-corruption measures to safeguard members’ savings. Dr, Erick Mutai said that the stability of any Sacco is dependent on the security guarantees it accords to members’ savings. He made the remarks when he presided over the launch of the new…
Deputy President (DP) Rigathi Gachagua has said that coffee farmers in the country will now sell their coffee directly to the United States of America (USA) without brokers. Gachagua said that there are ongoing talks with the world’s largest coffee chain, Starbucks Corporation, to sign a landmark deal that will see farmers double their incomes….
East African Portland Cement Company Ltd has dragged three Sacco officials to Court in connection with the sale of its land in Athi River, Machakos County. The three – Pascal Kiseli Basilio, Julius Mutie Mutua and Alex Kyalo Mutemi – who are Aimi Ma Lukenya Society officials, were arraigned before Milimani Magistrate Gilbert Shikwe on…
Lamu County Cooperative Director Paul Thauri has revealed that the county has registered four new Cooperative societies in the last six months. Speaking to Sacco Review from Lamu town recently, the director urged women and youth in the county to cooperate and form Saccos to uplift their living standards. He also advised residents to join…
Kenya Electricity Generation Company (KenGen) Chairman Julius Ogamba has revealed that the upgrade of the company’s Gogo power plant in Migori County aligns perfectly with Kenya’s commitment to clean energy and contributes significantly to the national goals outlined in the global climate action agenda. Addressing board members after a tour of the company’s facility in…
