Category: Uncategorized
Tai Sacco gamechanger in our lives, say members
How Gideon turned Sh300,000 loan into a fortune By Ndichu Kamau. Gideon Waweru was a bank customer until he realized that it was more expensive to apply for a loan from this bank. It was at this point that a friend introduced Waweru to Tai Sacco where he registered as a member. Eight months…
Why Tai Sacco won Champions of Governance Award
By Munene Maina. Tai Sacco Society Limited won the Most Consistent Organization in the Co-operatives category during the recently held Champions of Governance (COG) Awards, organized by the Institute of Certified Public Secretaries of Kenya (ICPSK). This was at the ICPSK COG AWARD Gala night held on November 4th, 2016 in Nairobi. “This is a…
Govt to unveil Co-operative policy
By Stephen Makabila. The State Department of Co-operatives has embarked on a new four-year strategic plan aimed at taking the sector to the next level, even as it plans to unveil a new Co-operative policy by next month. The department has equally focused on major activities that may turn around the sector this year with…
Saccos invade office space business
By Jackson Okoth. A number of deep pocketed Savings and Credit Co-operatives (Saccos) are setting up ultra-modern complexes with a view to leasing or renting out office space to interested parties. This segment of the property market is becoming an attractive option for the Saccos eager to pump more cash in the form of rental…
Trans-National Sacco to go after loan defaulters
By Kephas Ayiecha Trans National Times Sacco has warned of stern action against Sacco members who default on loans. Sacco Chairman, Christopher Nyongesa (pictured) said the defaulters had caused the society to fail to implement its projects and risk being overtaken by others. Nyongesa noted that as a result, some faithful members who had acted…
Banana farmers told to form or join Saccos
Kisii County banana farmers have been advised to form or join Saccos to help them get market or loans to improve agricultural activities. Speaking at Keumbu open air market, County Co-operatives and Marketing Commissioner, Kenyariri told farmers that joining Savings and Credit Co-operative Societies would enable them benefit as a team. He said one of…
Saccos eye lucrative office space business
By Jackson Okoth. A number of deep pocketed Savings and Credit Co-operatives (Saccos) are setting up ultra-modern complexes with a view to leasing or renting out office space to interested parties. This segment of the property market is becoming an attractive option for the Saccos eager to pump more cash in the form of rental…
LIST OF LICENSED DEPOSIT-TAKING SACCO SOCIETIES IN KENYA-2017
THE SACCO SOCIETIES REGULATORY AUTHORITY SACCO SOCIETIES ACT (Cap 490B, Laws of Kenya) LIST OF SACCO SOCIETIES LICENSED TO UNDERTAKE DEPOSIT- TAKING SACCO BUSINESS IN KENYA FOR THE FINANCIAL YEAR ENDING DECEMBER 2017 PURSUANT to Section 28 of the Sacco Societies Act (Act) as read with Reg. 8 of the Sacco Societies (Deposit- Taking Sacco…
Magereza Sacco members offered plots in Isinya
By Wesley Ken. Magereza Sacco is one of the giant savings and credit societies in Kenya that has taken a leap into the property market. The Sacco has bought land in Isinya to sell to its members and non-members. The land is subdivided into parcels of 1 acre and 1/8 acre plots totaling 1, 003….
New Heri Homes launches Dagoretti Housing Project
By Kiptanui Rutto. New Heri Homes Housing Co-operative Society Limited has kicked off construction of Kikuyu Heights Homes in Dagoretti South. The building site is a few metres from Equity Bank along Kikuyu Road. Speaking during the ground breaking ceremony, Dagoretti South MP, Hon. Dennis Waweru who was the chief guest, lauded Heri Homes…
