Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
By Emmanuel Gwakoi Gusii Youth Bunge Savings and Credit Cooperative Society has embraced non youths as it embarks on an ambitious program to open more branches and expand its financial activities within Kisii and Nyamira counties. The Society’s Chief Executive Officer Evans Makori said the management Board, chaired by Asha Moronya wants to open a…
By Tsozungu Kombe Imariki Sacco, formerly Kilifi Teachers Sacco, continues to improve the livelihoods of its members through the variety of savings and loan products it offers. The Kilifi based Sacco has grown to be one of the best saccos in Kenya. Zafarani Mkawasi Chisenga, a member of Imarika Sacco, and a former chairperson of…
By Azael Masese Cooperatives and SME Cabinet Secretary Nominee Simon Chelugui has promised to streamline the cooperative sector to significantly contribute to improving living standards of Kenyans. While appearing before the National Assembly’s Committee on Appointments recently, Chelugui identified amending the Cooperative Societies Act, strengthening Sacco Societies Regulatory Authority (Sasra) as top in his agenda….
By Kevin Odera Trans Nation Sacco lost its vice chairman Mr. Peter Njagi Mugwika to a short illness on October 13, 2022 at Komarock Modern hospital in Kathwana, Tharaka Nithi County. Mr. Mugwika was the Board Vice Chairman of the Sacco and the Director and Founder of Gatunga Junior Academy. He will be buried on…
By Roy Hezron Disputes in co-operative sector will now be handled by the Co-operative Court which will stand on its own aside from the existing Co-operative Tribunal, if the draft bill will be enacted into law. The Draft Co-operative Bill, 2021 which if enacted into law will repeal the long-term Co-operative Societies Act which was…
By Our Reporter Only 60 Saccos have submitted their unclaimed financial assets, including nil returns to Unclaimed Financial Asset Authority (UFAA) as at June 2021, the agency has revealed. In a workshop with stakeholders on compliance by the Sacco sector to UFAA Act, 2011, the authority’s CEO and Managing Trustee Mr. John Mwangi revealed that…
By Enock Okong’oThe Kisii University VC Prof John Akama has appealed to county and national governments to give local sculptors finances to help them form cooperative societies. This, he said, will remove the middled men who exploit them and assist in marketing their products directly to buyers. “It is heartbreaking to see these hard-working people baking in the…
By Tsozungu Kombe Mombasa County Government will spend Ksh. 8 million from its recurrent budget to run cooperative society activities in the region, Sacco Review has reliably established. Speaking to Sacco Review from Mombasa town recently, Mombasa County Cooperatives Director Mr. Nelson Nyoro said the same money will also be spent to revive some dormant…
By Kamundia Muriithi Farmers’ groups in Kirinyaga County are now an elated lot after they started reaping big from their projects which were funded by the County government. Governor Ann Waiguru’s administration through a program dubbed Wezesha Kirinyaga has offered support to over 473 groups by providing them with livestock, veterinary services, feeds and market…
By Fredrick Odiero Kisumu Governor Prof. Anyang’ Nyong’o has outlined his commitment towards strengthening the cooperative movement in the area. Speaking in Kisumu recently, the governor said a number of investments in the county were geared towards strengthening the cooperative movements as key drivers of production and marketing. Prof. Nyong’o said they started off by…
