Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
Boresha Sacco CEO Jacob Mengich has urged journalists in Baringo to join Saccos and utilize the cooperatives’ pocket-friendly access to credit and investment products and services. “While you educate the public about the benefits of a saving culture and the inclusive nature of cooperatives, I encourage you to join Saccos and take advantage of their…
Principal Secretary (PS) in the Ministry of Co-operatives and Micro, Small, and Medium Enterprises (MSMEs) Development, Patrick Kiburi Kilemi, has emphasized the importance of cooperative policies in driving the economy. Speaking during a consultative meeting in Nairobi with co-operative developers today, PS Kilemi urged policy planners to collaborate and utilize their expertise for the benefit…
As the world of business evolves and as companies look for ways to stay ahead of the curve, Savings and Credit Cooperatives (Saccos) are moving away from traditional formulae to competitive recruitment of staff. Majority of the regulated Saccos are now advertising vacant positions in national daily newspapers, while others hire employment agencies to advertise…
The Co-operative Bill 2023 is a game-changer as it will allow the government a level of control over activities of the cooperative movement and intervene in case of any risk that may threaten the movement with the aim of making the multi-billion sector flourish again. A look into the bill shows that unlike before when…
Kenya Union of Savings and Credit Co-operatives (KUSCCO), the umbrella body for Savings and Credit Cooperatives (SACCOs) in Kenya, has maintained that it doesn’t engage in any illegal business and operates within the stipulated laws that govern its operations. In a letter dated October 12, 2023 sent to all Sacco Chairpersons and which was a…
Farmers have urged the county government of Kajiado to pass four bills that will revitalize and increase livestock and crop production. The farmers, who attended public participation to deliberate on four agricultural bills hosted by the County Assembly Sectorial Committee on Agriculture, Livestock, Veterinary Services, Fisheries and Irrigation, and the Consumer Grassroots Association, said that…
The Retirement Benefits Authority (RBA) has rolled out a nationwide sensitization campaign to encourage more Kenyans to join the retirement scheme to cushion themselves during old age. Speaking in Kisumu, RBA Chief Executive Officer Charles Machira said that according to their data, only 26 percent of the country’s entire labour force saves for retirement. “This…
The Kenya Revenue Authority (KRA) has estimated a collection of over Ksh50 billion through the taxpayer amnesty programme which was unveiled on September 1, 2023 and will end on June 30, 2024. Mr. Ouru Nyamori, Acting Chief Manager of the Domestic Taxes Department in the Western Region, appealed to all taxpayers to take advantage of the…
The Principal Secretary for Interior and National Administration, Raymond Omollo, has assured Kenyans that the government is focused on strengthening its five key economic pillars. He said that it is training its focus to accelerate and sustain inclusive growth, create opportunities for decent jobs, reduce poverty and income inequality and ensure that we create a…
Over 1,000 Boda boda and tuk-tuk operators have undergone training on road safety and self-first aid through a partnership between Watu Credit Limited, Trans Nzoia County Government and the National Transport and Safety Authority (NTSA). The initiative dubbed ‘Tujenge Msingi’ seeks to reduce the fatality rates and injuries attributed to motorcycle accidents. Speaking while reopening…
