Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
The Principal Secretary for Cooperatives Patrick Kilemi has urged parliament to consider additional of funds to ministry for successful implementation of reforms. The PS had led a team from the State Department for Cooperatives to a meeting with the National Assembly Committee on Trade, Industry and Cooperatives chaired by Embakasi North MP James Gakuya recently….
Council of Governors has presented a technical working group to give input on the Cooperatives Bill 2024 which is currently in Parliament. The governors led by Bungoma Governor Kenneth Lusaka, who is also the chairman of the Agriculture, Livestock and Cooperatives in the COG held a consultative meeting on Thursday presided over by Cabinet Secretary,…
Sheria Sacco has stopped members from guaranteeing several members. Sacco chairperson, Deputy Chief Justice (DCJ) Philomena Mwilu has said it will curb loss of funds through defaulted loans. The official noted previously, a member could guarantee several members and the Sacco lost funds. “Last year, the Sacco lost KSh78 million, a member can only guarantee one…
Taqwa Sacco has declared KSh27 million in profit for the year 2023. Also, it paid out dividends to its shareholders amounting to KSh13 million. Founded in 1998, Taqwa Sacco is Kenya’s pioneering Shariah-compliant financial institution, offering Halal credit and investment opportunities to its members. Taqwa Sacco boasts a membership of more than 13,500 individuals across…
Eight women leaders who were selected to participate in the 2024 Women’s Mentorship Programme (WMP) organised by the Co-operative Development Foundation of Canada (CDF Canada) will depart the country on June 20 for the mentorship programme. The Women leaders of Credit Union will benefit from international professional development and mentorship opportunities. The program will run…
Cooperatives leaders have launched activities in preparation for the upcoming International Day of Cooperatives (Ushirika) Day to be marked on July 6, 2024. The theme for this year’s Ushirika Day is “Cooperatives build a better future for all,” it will be held in Nairobi County at the KICC grounds. State Department of Cooperatives Permanent Secretary…
Ministry of Cooperatives and MSME Development has disbursed KSh52,212,976 Coffee Cherry Advance Revolving Fund (CCARF) to 3328 coffee farmers across 15 counties Cooperatives Cabinet Secretary Simon Chelugui indicated in statement on Tuesday that the funds were released between May 6, 2024 and May 13, 2024 through New Kenya Planters Cooperative Union (KPCU). A total of…
The Public Service Commission (PSC) has advertised 19 positions for several vacant posts in the Ministry of Co-operatives and Micro, Small and Medium Enterprises (MSME) Development. In announcement seen by Sacco Review, PSC announced that there are three vacancies for the Senior Deputy Commissioner for Co-operative Development post under Civil Servant Grade (CSG) 5. For…
Kenya’s Equity Group announced today Monday, May 13, that its first-quarter pretax profit rose 21 per cent to KSh20.4 billion, helped by growth in interest income. Equity, which also operates in Tanzania, Uganda, Rwanda, South Sudan, Burundi and Democratic Republic of Congo, said its net interest income increased to 28 per cent, translating to KSh27.8 billion….
A free medical camp organised by the Mpesa Foundation and in partnership with Zuri Health hold today, May 11, at the Drive-in Primary School in Mathare North Sub-county in Nairobi. Residents will benefit from the free medical check-ups, physician consultations, eye and dental check-ups, blood sugar tests, blood pressure measurements, body fat assessments, and Body…
