Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
By Azael MaseseThe expectations of Kenyans for the 14 th parliament in the cooperative movement haveskyrocketed owing to President Elect William Ruto’s campaign of uplifting the economic andsocial welfare of Kenyans through boosting the cooperative sector which encourages savingsand credit taking for engagement in income generating activitiesWith the election of Former Bungoma Senator Moses Wetangula…
By Talarus Chesang Baringo coffee farmers now can smile all the way to the bank to earn a whopping Sh.28 million after exporting their first consignment of coffee to Korea. More than 200 farmers drawn from 27 groups converged at the Katimok Coffee Factory in Baringo North to receive their dues recently. “Since I started…
By Roy Hezron The proposed co-operative law will enhance management of co-operatives in the country, the Kenya Society of Professional Co-operators (KSPC) chairperson and Co-operative University of Kenya Deputy Vice Chancellor Prof. Esther Gicheru have said. Addressing Co-operative leaders in the larger Eastern region at Embu Hall in Embu County, Prof. Gicheru noted the Co-operative…
By Andrew Walyaula Waliaulaandrew0@gmail.com The High Court has ordered for the immediate removal of Ramana Rao as Mumias Sugar company receiver- manager. In his ruling, Justice Alfred Mabeya said that Rao hadn’t complied with the court order that required him to call a creditor meeting to affirm the total amount owed by the company. The…
By Sammy Chivanga Savings and Credit Co-operative Societies (Saccos) are expected to emerge the biggest winners as Co-op Bank of Kenya Board recommended a Sh1 per share dividend amounting to Sh.5.86 billion, where Saccos are in line to receive Sh.3.79 billion from the amount. With this year’s dividend payment, Kenyan co-operatives through Co-op Holdings will…
By Enock Kipturgut The County Government of Baringo has launched incubators and backup generators worth Shs 3 million to benefit nine co-operative societies drawn from Kabarnet Ward. The move is aimed at enhancing poultry production. One incubator accommodates 1056 eggs per hatchery. The benefitting cooperative societies include Soramoi, Kimoso, Seguton, Kiboino, Kapchepterit, Kokwomoi, Kaperterot, Jekame…
By Boniface Mulu Kitui Teachers Savings and Credit Cooperative Society Limited chairman Reverend Augustus Munuve has revealed that the Sacco’s education and training programmes are meant to enable the Sacco to fulfill its statutory obligations. Speaking during this year’s Annual Member Education Day organized by the society at Ithookwe primary school in Kitui Central District,…
By Pascal Mwandambo The other day, I told you about the unfortunate incident where disgruntled market traders attacked us as we were leaving a town planning committee meeting. I had accepted the offer to serve as the secretary of the committee with the hopes of making an extra buck and in doing so, overlooked the…
By PASCAL Mwandambo Ever sinceNectar began the process of acquiring a loan from a local women micro finance organisation, I have been hanging around her to ensure that not only the process is concluded successively but also that she does not make mistakes that could cost both of us dearly especially at this time when…
Fredrick Odiero The Kisumu County Government has called upon youths who are engaged in various enterprises to form Savings and Credit Cooperative Societies (SACCOS) in order to advance their activities. The Director of Co-operatives, Trade and Enterprise Susan Kanga said Saccos when formed will ensure youths borrow credit and other facilities from the government. Addressing youth…
