Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
Saccos’ Boards of Directors across the country have been urged to adhere to their by-laws and the country’s laws to ensure the provision of quality services to members. Nakuru East Sub-County Director of Cooperatives Alex Muchemi regretted that majority of Sacco boards are flouting laws and regulations that are meant to protect members’ savings and…
Since the inception of Airbnbs in 2008, traditional hotels have continued to registered low to almost no profits. AirBnBs have gained popularity among travelers who are in search of affordable accommodation, convenient locations, and the comforts of home. Linnet Wanjugu Murage, the owner of the Hamptons Apartment in Nyeri county, said holiday homes have rapidly…
The recently held Ushirika Day marked a significant milestone in celebrating the accomplishments of Kenyan cooperatives. However, the future of cooperatives lies in their ability to adapt, innovate, and collaborate. The day, celebrated annually on the first Saturday of July, is a significant event that highlights the importance of cooperatives in the country’s economic development….
To ward off unscrupulous cartels that have permeated avocado industry and made themselves a bargaining chip, farmers from Kericho county have formed a cooperative society. Kericho Avocado Farmers Cooperative Society was presented to the registrar of companies last year by the farmers as an umbrella body to collectively market their produce and enhance productions for…
Michael Ochieng and his partner Esther Omcheni have co-owned Afritech, a print media investment since 1997 but the fortunes improved after the joined Universal Traders Sacco (UTS). They shared with this writer the sweet journey they have walked with UTS since they became members. “I came to know of the Sacco through one of its…
2023 has presented an opportunity for cooperatives to renew themselves for business. At the beginning of this year, they looked back and evaluated on whether or not they achieved all the set goals in the previous year. They try to come up with well researched solutions to avoid having a repetition of unproductive strategies. Most…
Kisumu county Woman Representative Ruth Odinga has outlined plans aimed at revitalizing agribusiness in the region. Odinga indicated that her action plan in the agriculture sector begins with training agricultural extension officers who will in turn train farmers on the entire agricultural value chain; including sustainable agricultural practices. She added that she will also prioritize…
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…
