Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
The Cooperatives & MSMEs Development Cabinet Secretary, Simon Chelugui, has commended Taqwa Sacco for its role in empowering its members financially and fostering solidarity. Chelugui was speaking during the Sacco’s 25th anniversary celebration in South C, Nairobi. He said that despite the Sacco’s humble beginnings as a Merry-go-round in the late 1990s, it has grown…
Agriculture Food Authority (AFA) has called for more investments in cane growing and development in order to meet the ever increasing demand for the commodity. AFA Chairperson Carnelly Serem said there has been a systematic increase in the demand for cane and that the growth of many sugar milling companies under the cane and nucleus…
Four cooperative societies in Malindi and Magarini sub counties in Kilifi county are set for revival. Speaking to Sacco Review in her office in Malindi town recently, Malindi sub county Cooperative Officer Moraa Ziro revealed that Goshi Farmers’ Cooperative, Manyeso Dairy Cooperative, Magarini Sand Harvesting and Magarini Cotton Farmers Cooperative societies will be revived. She…
Universal Traders Sacco (UTS) has announced internship opportunities for individuals with a diploma in sales and marketing, cooperative management, or public relations. To be eligible, applicants must have achieved a mean grade of C or above in KCSE, be between the ages of 25 and 35 and have computer literacy skills. “If you are interested…
Teacher-based cooperative societies affiliated with Kenya Teachers Sacco Association (KETSA) have been urged to ensure strict compliance with the law and other regulatory frameworks governing the sector. Principal Secretary for Cooperatives Patrick Kilemi emphasized on the importance of adhering to the regulations set by the Sacco Societies Regulatory Authority to ensure continued growth and success….
Harrison Kenga, a TukTuk operator based in Mombasa, was recently awarded a new Piaggio machine by President William Ruto. During the fund’s first anniversary, Kenga was named the top borrower of the Hustler Fund, having taken a loan of Ksh714, 000 so far. The President promised to buy him a TukTuk. Kenga started with a…
A group of boda boda riders from Ruiru in Kiambu County have a reason to celebrate after they acquired a 5-acre piece of land along Thika Road, with the help of Kamuthi Housing Cooperative Society. The Boda Boda Association, consisting of 200 members, received a title deed after diligently saving Ksh50 per day. Lawrence Kariuki,…
ACK Imani Talent Sacco has embarked on a rigorous member recruitment drive to boost its capital base. Every Sunday, the church-based Sacco, which was ranked the third best Sacco in Nakuru County during this year’s Ushirika Day celebrations, sends its marketers for member recruitment campaigns in various ACK churches within Nakuru diocese. Recently, the Sacco’s…
Kenya Bankers Sacco has launched a Christmas raffle draw which will see members who deposit more than their usual monthly savings gifted shopping vouchers with a goat as the grand prize. To qualify, members must have a minimum share capital of Ksh30,000 and have made deposits between November 24 and December 20. The Sacco will…
The Ministry of Cooperatives and MSMEs Development Cabinet Secretary, Simon Chelugui, has highlighted the important role played by the Cooperative University of Kenya (CUK) in enhancing professionalism within the cooperative movement. According to him, the university’s contribution in equipping and training the workforce in the cooperative sector is crucial for the sustainability of Saccos. “As…
