Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
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…
By Paul Ngugi Ruo Human resource practices, both individual and organizational play an integral role in the growth or failure of any organization. It’s important to note that human actions are the greatest contributor towards any organization’s success and this is a key area that can’t be ignored in the cooperative sector. In Kenya today…
By Azael Masese Kenya National Police Deposit-Taking Sacco is crafting an ambitious growth strategy aimed at positioning itself as a critical brand in mobilising savings and extending affordable credit, even as the number of Kenyans joining the Sacco to access its top notch products and services grows overboard, Board Chair David Mategwa has said. “We…
