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Govt urged to waive Ksh603M debt owed by Machakos coffee farmers

Sacco ReviewJanuary 10, 2024January 10, 202404 mins

Machakos Governor Wavinya Ndeti has appealed to the government to waive a Ksh603 million debt owed by coffee cooperative societies in the county. Governor Ndeti, who hosted the Cooperatives and MSMEs Cabinet Secretary (CS) Simon Chelugui during the launch of the Coffee Cherry Advance Revolving Fund in Kangundo on Tuesday, said that farmers in the…

Top women’s cooperative in Rongai lauded after acquiring new building

Sacco ReviewJanuary 10, 2024January 10, 202403 mins

Kajiado County Executive Committee Member (CECM) for Gender, Culture, Cooperatives, Tourism and Wildlife Janet Sereu has commended Muungano Women Group Housing Cooperative for acquiring a new building in Ongata Rongai. Speaking during the meeting in Rongai, Sereu said that the group is among the best managed in the county and has been empowering women besides…

Kuresoi farmers start tree tomatoes farming after making losses in potato farming

Sacco ReviewDecember 31, 2023December 31, 202306 mins

A group of farmers in Langwenda farm, Kuresoi North constituency in Nakuru County have decided to venture into tree tomato farming after experiencing losses from potato farming for several years. Festus Sois, the group leader, explains that they have been growing potatoes and peas as cash crops but have not been able to achieve…

New KPCU denies allegations of coffee theft from Meru factory

Sacco ReviewDecember 23, 202302 mins

The New Kenya Planters Cooperative Union (KPCU) strongly denies the claims that it stole coffee from a coffee factory in Meru County. Chairman Daniel Chemno dismisses the allegations as baseless and unfounded, aimed at tarnishing their reputation. He advises coffee factories and warehouses to have armed police officers on site to prevent theft. Let…

Groups in Kisii get Sh.10 million from NGAAF.

Sacco ReviewDecember 21, 202302 mins

More than forty-six women and youth groups in Kisii County have received sh.10 million from the National Government Affirmative Action Fund (NGAAF). Speaking during the funds disbursement, Kisii Woman Representative Dorice Donya said the money is aimed at boosting table banking activities within the groups and providing economic empowerment to the members. During the cheque…

Kenya’s coffee products record exciting prices at NCE

Sacco ReviewDecember 20, 2023December 20, 202303 mins

The Cabinet Secretary, Ministry of Co-operatives and MSMEs Development, Simon Chelugui, has announced that Kenyan coffee products have recorded exciting prices on the Nairobi Coffee Exchange (NCE). “Today, we have received exciting news from the NCE, where Kenyan coffee products have attracted big interest across the globe, with some 32 companies now participating in the…

Women in Western Kenya Urged to Embrace Saccos

Sacco ReviewDecember 20, 2023December 20, 202303 mins

Women in the Western Kenya region have been encouraged to join and invest in Savings and Credit Co-operative Societies (Saccos) in order to succeed in economic empowerment. Speaking during the launch of Mulembe Women Congress Malava chapter held at friends’ church, Joseph Busiega, the chief of staff in the office of Prime Cabinet Secretary Musalia…

Mategwa Appointed To CDF-Canada Board of Directors

Sacco ReviewDecember 19, 202302 mins

David Sohelo Mategwa, the national chairman of Kenya National Police DT Sacco, has been appointed as a board director at the Cooperative Development Foundation of Canada Kenya office. Mategwa, who is also the vice chairperson of the African Co-operative Development Foundation (ACDF), will serve on the board for a period of three years. ACDF is…

SASRA, UTS Plant 3000 Trees To restore Iveti Forest

Sacco ReviewDecember 19, 202303 mins

The Sacco Societies Regulatory Authority (Sasra), in collaboration with the Universal Traders Sacco (UTS) and Netfund, yesterday planted 3000 indiginous trees in Iveti Forest in Machakos County. Sasra Chief Executive Officer Peter Njuguna and UTS CEO Dominic Mutunga led a joint team comprising Sacco members to plant trees at a site in the forest under…

Bandari DT Sacco Scoops Two Prestigious Awards

Sacco ReviewDecember 19, 202303 mins

Bandari DT Sacco has emerged as the recipient of two prestigious accolades at the recently concluded Mombasa Business Awards held last weekend. The Sacco was honoured with the esteemed title of “Best Sacco of the Year” and has also been recognized as “The Most Preferred Micro Finance Institution.” The fast-growing Sacco has an asset base…