Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
The National Transport and Safety Authority (NTSA) has revoked licences belonging to 64 matatu Saccos. In a notice seen by Sacco Review, some of the operator licenses revoked include Moline, Wamasaa, Oromats, Kensilver and Mbukinya. The police have also been advised to impound their vehicles if found on the road. READ ALSO: Farmers asked to…
The delays and sometime failure by counties to remit deductions to Saccos has hampered their smooth running and even risking liquidity. Saccos now say that employer institutions’ failure to honour their obligations of remitting Sacco deductions affects the financial performance of these firms, despite various policy and administrative measures being put in place to address…
The Departmental Committee on Lands has put to task Ministry of Cooperatives officials in connection with the liquidated Drumvale Farmers Cooperative Society. The parliamentarians questioned the Principal Secretary for Cooperative Development Patrick Kilemi on events leading to the liquidation of assets of the Machakos based Cooperative Society that saw members losing over 500 acres of…
Nandi Deputy Governor Yulita Mitei has urged Saccos to develop products that are favourable to farmers to boost food security. Speaking at Kapsabet Showground during a two-day business trade exhibition organized by Kapsabet Showground in conjunction with Nandi County Government, Dr Mitei said the county administration has invested heavily in the agriculture sector calling on…
Some 50 new cooperative societies have been registered in Taita Taveta County, Sacco Review has established. Speaking to Sacco Review in Voi town recently, County Cooperative Commissioner Erastus Gonzi said that the 50 new cooperatives were registered between September last year and early April this year. He further stated that 10 dormant cooperative societies in…
Metropolitan Sacco will hold its 46th Annual General Meeting (AGM) today at Kiambu High School. In a notice to members signed by its honorary secretary of the Sacco David Waweru Mwangi, the members will gather to adopt the annual reports and financial statements for the past two years and confirmation of the management and Supervisory…
Kenya Tourism Board (KTB) targets to host about 3,000 at the 13th edition of the Magical Kenya Travel Expo (MKTE). The regional tourism fair is scheduled for October 2-4 at the Uhuru Gardens National Monument and Museum in Nairobi. The participants included tour operators, hoteliers, travel agents and travel trade visitors. In 2023, about 2,500 participants took…
Three Ukambani governors under South Eastern Kenya Economic Block (SEKEB) have promised to continue being united and engage the National Government on matters to do with the livelihoods of the residents. In a meeting at Makueni governor’s office, Kitui Governor Julius Malombe, Governor Wavinya Ndeti (Machakos) and Makueni Governor Mutula Kilonzo noted that they are…
State Department of Cooperatives Permanent Secretary Patrick Kilemi has assured farmers that the Government has put in place measures to pay them and relieve them from mounting debts and market uncertainties. The PS who appeared before the National Assembly Committee on Trade, Industry and Cooperatives chaired by Aldai Member of Parliament Maryanne Keitany assured the…
The National Assembly Public Investments Committee on Commercial Affairs and Energy met last week to examine the audited accounts of the Sacco Societies Regulatory Authority (SASRA) for Financial Years 2013/2014 to 2020/2021. The Committee led by Member of Parliament for Navakholo Constituency and Majority Party Whip at the Kenya National Assembly Emmanuel Wangwe cross-examined SASRA…
