Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
The 101st Ushirika Day celebrations held at KICC saw different Saccos bag awards for excellent performance in various categories. Mentor Sacco emerged the winner in Best Sacco in Risk Management category where Mwalimu National Sacco and Yetu Sacco took position two and three respectively. In Best Managed Sacco across the country, Kenya National Police DT…
The National Assembly Public Petitions Committee has asked the National Irrigation Authority (NIA) to expedite the procurement of a modern electric water pump for installation at the West Kano Irrigation Scheme in Kisumu County to boost rice production in the region. Committee Vice Chairperson Janet Sitienei, who is also the Turbo MP, said rice is…
Over the last few years, several Deposit Taking (DT) Saccos have opened new branches in major urban centres across the countries. Kirinyaga based Bingwa Sacco has opened a new branch in Kitengela. Jane Mugoh, former Bingwa Sacco CEO, said they have been expanding to urban areas so as to get more members. “We have saturated…
In his lifetime, Symon Mburia has taken a leading role in transforming the co-operative movement in the country. He has taken part in drafting and formulating major polices governing the co-operative movement, and also ensuring that the co-operative movement is managed professionally through his leadership in the newly formed Kenya Society of Professional Co-operators (KSPC)…
Kilifi County boasts of having many cooperative societies thanks to Morris Mangi, who is credited to the proliferation of cooperatives in the region having planted the seed over three decades ago. Mangi initiated the formation of Kilifi Multipurpose Cooperative Society, now called Magarini Sand and Harvesting Cooperative Society, in 1990. He also formed Malindi Biashara…
The turnaround of coffee cooperatives following the introduction of cherry advances to the farmers by New KPCU, a state corporation, elicited mixed reactions from those expected to benefit from the proposed interventions. A cursory assessment shows that the uptake of this facility remains way below expectations despite frantic efforts being made by industry players. I…
Stima DT Sacco has opened a new branch at Electricity House along Harambee Avenue in Nairobi to bring quality products and services closer to the people. Speaking during the launch, Stima Sacco National Chairman Albert Mugo described the opening of the branch as a significant step towards accomplishing the Sacco’s 2019-2023 strategic plan which incorporates…
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 we have cooperatives that…
The last couple of weeks, my landlord Makaveli has been a close friend of mine owing to several issues that have been occurring in his life. I call him friend with some hesitation. Though not an enemy, I may pass him as a friend to cope the best way I can or else ship out….
Property developers of mega housing projects have decried the rising cost of building materials, saying it could make realization of affordable housing impossible. Safaricom Investment Co-operative chairman Peter Gichangi said that the government should cushion developers from high increases in the cost of inputs such as steel and cement among others to enable them undertake…
