Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
The Council of Governors (CoG) has submitted the legislative memorandum on the National Assembly 2022 Sugar Bill to the Senate Standing Committee on Agriculture, Livestock and Fisheries chaired by Kirinyaga county Senator James Murango for consideration. The document was presented by Bungoma Governor Kenneth Lusaka in his capacity as the Chair of the Agriculture Committee….
Co-operatives and Micro, Small and Medium Enterprises (MSME) Development Cabinet Secretary Simon Chelugui has revealed that the government is promoting the involvement of young people in the cooperative movement by encouraging them to form their own cooperatives or be incorporated into leadership of the existing Saccos. The CS lamented that despite their technological proficiency, young…
Women in Kisii County have revived Wimanet Sacco after six years of dormancy to empower themselves economically. Sacco Charlady Jane Matiabe appealed to women small scale traders to join the Sacco, save and access loans to boost their businesses and lives. “Members save Ksh20 daily and qualify for loans three times their savings,” she said….
Homa Bay Women Caucus Sacco has received a boost of Ksh30 million from Pepea Capital. The Sacco’s chairlady Jane Akinyi said the money will be directly deposited into the Sacco’s account and will support members in the production of soya beans, sorghum and sunflower flowers. She noted that the month old Sacco is engaged in…
Nakuru County Chief Officer of Cooperatives Kibet Kurgat has revealed that the county government has plans to provide low interest loans to registered cooperatives and Saccos through a revolving fund. Speaking during a meeting with stakeholders in the dairy sector, Kurgat revealed that all the necessary plans to launch the loan product at the beginning…
The County Government of Kericho has pledged to assist young coffee farmers with technical advice and logistics in value chain to ensure prosperity. Representing county governor Dr. Erick Mutai during the launch of the sale outlet for coffee products produced by the Kipkelion Youth Service Cooperative LTD at Uhuru Gardens in Kericho, chief officer for…
Garissa County Director of Cooperatives Samuel Karanja has urged Saccos to rebrand and recruit more members to increase their savings and loan base. Speaking to Sacco Review in his Garissa office, Karanja noted that rebranding would enable the recruitment of members beyond Saccos’ geographical territories. The director urged Saccos to strive to get their members…
Players in the real estate sector have raised alarm over delays in the processing of title deeds. Association of Real Estate Stakeholders Chairman Kinyua Wa Iratu claims the delays have been occasioned by rampant corruption in various land registries infiltrated by cartels. He noted that some unilateral decisions like changes in land rates and other…
Dissatisfied farmers affiliated with Iria-ini Tea Factory have lamented over low bonuses and alleged fund embezzlement by the factory’s management. The farmers suspect extravagant executive expenses and questionable procurement practices. They also complained that the factory is one of the lowest payers in the region, compensating farmers a mere Ksh38 for a kilogram of tea…
Uasin Gishu Governor Jonathan Bii has said that his administration has put measures in place to encourage the youth and women in the county to join Saccos. He noted that these special interest groups should be facilitated to tap into the existing benefits of cooperatives. The governor was speaking in Soi during the official launch…
