Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
Livestock prices have surged significantly due to improved pastures following recent rains. This marks the first notable improvement after a prolonged drought spanning four consecutive failed rain seasons. Demand for livestock products is expected to rise significantly, with estimates suggesting an increase of 40-50 per cent by 2030. This growing demand is driven by population…
Mi Vida Homes, a reputable property developer signed a partnership with Kimisitu Sacco and has allowed the members to invest in its residential projects in Garden City, Nairobi. The Garden City Project sits on a 47-acre land with a mixed-use urban development comprising residential units commercial spaces, offices, retail outlets, and recreational amenities. It offers…
Simon Chelugui Cabinet Secretary, Ministry of Co-operatives Micro, Small and Medium Enterprises Development (MSMEs) was the chief guest today during the launch of NSSF Sacco Strategic Plan (2024-2028) and New Logo at the Radisson Blu Hotel, Nairobi. The launch is aimed at promoting innovative, commercially oriented and efficient financial services is engraved at NSSF Sacco…
I&M Group’s first quarter report of this year shows that the bank has a profit of KSh3.32 billion, an increase of 31 per cent from the KSh2.5 billion recorded last year. Interest income, which grew by 38 per cent to KSh8.8 billion, greatly influenced the profit growth. The growth in net interest income offset a 9.4…
Asman Mugambi Ibrahim has been appointed as the new Chief Executive Officer Jubilee Life Insurance. In a statement, Chairman and Board of Directors in a said that Asman possesses over 20 years of extensive industry experience. Asman holds a Bachelor of Science (First-Class Honours) in Actuarial Science from the University of Nairobi. He has worked…
Laikipia based Sossian Ushanga Marketing Co-operative Society Ltd took the opportunity to showcase Kenya’s rich cultural heritage globally. The society with more than 700 members, took the opportunity during the President William Ruto US state visit. The Retail Store that has ‘Made in Kenya’ brands in Atlanta, Georgia, US.Laikipia MP Jane Kagiri said the women…
Stima DT Sacco has been awarded the Winner in the Highest Shareholding Category Parastatal and the first Runners Up as the Best Insured Cooperative Society – Nairobi Region, at the Cooperative Insurance Society (CIS) Annual General Meeting 2024 held recently. The trophies were received by Sacco’s National Treasurer, CPA Mary Maalu. The event was held…
President William Ruto of Kenya meets his US counterpart Joe Biden in Washington tomorrow, with the crisis in Haiti and efforts to build trade ties likely to top the deliberations. Ruto’s visit, billed as historic one it is the first state visit by a Kenyan president to the US in two decades and the first…
Sheria Sacco chairperson Deputy Chief Justice (DCJ) Philomena Mwilu has asked Sacco members to shun taking huge loans which outstretched their budgets and took decades to settle them. “Avoid long term and high interest loans. It is not too late to save for your retirement” Mwilu noted. The DCJ, accompanied by Chief Registrar, Winfridah Boyani…
Fortune Sacco Football Club beat Michael Olunga Foundation, MOFA, 3-0 to earn a slot in next season’s National Super League (NSL). The play off took place on Saturday, May 18 at Dandora Stadium, Nairobi. The two teams scooped position two in their respective Division One zones. Fortune Sacco, based in Kirinyaga now joins APS Bomet…
