Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
By Wasike Elvis. East Africa Exchange Company(EAX) has partnered with ABC Bank and East Africa Farmers Federation to build a Warehouse in UasinGishu County to be used by farmers in co-operatives. EAX Chairperson Jendayi Frazer said the facility to be built following the signing of a Memorandum of Understanding (MOU) between the three will help…
By Tsozungu Kombe. Mafanikio Sacco, formerly Mombasa Teachers Sacco Ltd has opened a new branch in Ukunda town, Kwale County. The Ukunda branch situated at Arusha Plaza along the Likoni- Lunga Lunga road is meant not only to bring services closer to the residents of the county, but also to serve local residents more conveniently….
By Munene Maina Nakuru County Government has embarked on an ambitious strategy to strengthen farmer’s co-operatives and boost Agricultural sector. Speaking to Sacco Review in his office, Nakuru Co-operatives Director Patrick Mak’Anyengo said strong societies for farmers will ensure they get good returns from their activities. “Agriculture sector plays a big role in our county…
By Enock Kipturgut. Delegates of Skyline Sacco have approved to construct an ultra-modern plaza at a cost of Sh 100 million, to be situatedin Eldama Ravine to serve as the Society’s headquarters. This resolution was arrived at recently when Skyline Sacco held a Special Delegates Meeting at Chambai Springs Hotel, Eldama Ravine. At the meeting,…
By Munene Maina. Imenti Sacco has embarked on training farmers and other Sacco members to carry out their agricultural activities for commercial purposes. The Sacco Chief Executive Officer, Judy Ngatha said that most farmers were not carrying out their activities for commercial purpose but purely for subsistence and reiterated the Sacco’s desire to change this…
By Munene Maina. Unison Sacco has embarked on an ambitious share drive with an aim of raising working capital. “We should embrace this drive to make us realize our targets and dreams,” said the Sacco’s Chairman, Mr James Muhandi in a Board of Directors’ report. With the drive members are poised to earn higher dividends…
By Seth Musisi. A Special Delegates Meeting of Wevarsity Sacco has passed a resolution to lower interest rates on all long term loan products to 12.9 per cent. The Society, which draws the bulk of its membership from employees of Masinde Muliro University of Science and Technology and Kibabii University, recently held a special meeting…
By Amoto Dennis. The first ever Halal exhibition in Kenya came to a close at the Kenya International Convention Centre (KICC) in Nairobi recently with a call on all Muslims in the country to tap into the Halal conscious markets. Tourism Cabinet Secretary Najib Balala who was the chief guest at the expo which attracted…
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…
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…
