Sacco Review|The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
As the Country’s hard economy bites most of the Kenyans, Boda boda riders, farmers and traders from Western region have been asked to join Saccos and save for the future. Speaking to Journalists in Busia town, Godfrey Saidi, Chairman of Faridi Sacco stated that many boda boda riders are facing a lot of challenges of…
National Transport Safety Authority (NTSA) has cancelled over 2.5 million fake licenses belonging to bodaboda riders. An official from the authority stated that most of the licenses were duplicates of others done online in cahoots with cyber cafes and after realizing the syndicate, they cleaned their online system and removed them. Speaking during a national…
By Roy HezronVihiga County Government has committed to support Savings and Credit Co-operatives (Saccos) throughestablishment of a revolving fund.Speaking during a stakeholders meeting to discuss the performance of the Vihiga County Traders Saccoin December 2022, the County Governor Dr. Wilber Ottichilo hinted that the Sacco, which mainly drawsits membership from micro and small traders, would…
By Andanje Wakhungu The paper work for the much anticipated multi-million Malava housing plaza has been finalized paving way for the implementation process to commence. Presenting the supervisory report during the 30th Annual General Meeting, the Sacco’s chair lady Beatrice Mukopi informed the members that already National Cooperative Housing Union (NACHU) has allocated Ksh.20Million towards…
By Gilbert Ochieng Busia County Chief Officer for Cooperatives and Investments Patrice Lumumba has revealed they have instituted stringent measures for Saccos aimed at safeguarding the savings of members. Speaking during the 100th Ushirika day celebrations at Busia Vocational Training Centre, Mr. Lumumba said the county government will not relent in its pursuit to ensure…
By Cally Imbai Busia County marked the centenary international day of the cooperative movement with calls for the movement to embrace technology to be able to secure its member’s cash assets. The event that was attended by hundreds of cooperators from across the county was held at the Township Vocational Training Centre grounds on July…
By Fredrick Odiero Cooperative Alliance of Kenya (CAK) Executive Director Daniel Marube has called on Kenyans to cultivate a saving culture by joining Saccos. Marube urged young people to invest in Saccos since there is life after retirement. He posited that the cooperative movement is a key contributor to Kenya’s economic growth. “The cooperative movement contributes…
By Bulimo Mathews Achola Bungoma County Directorate of Cooperative Societies Development has asked residents to take part in the cooperative activities across the county. Speaking to the press in his office, the director of cooperative societies Stanislaus Wambani asked people to participate actively in the running and management of the cooperative societies in the region…
BY ANDANJE WAKHUNGU Officials at the Malava Teachers Housing Co-operative Society have come out to strongly condemn the utterances by the region’s Kenya National Teacher’s Union (KNUT) that there were misappropriation of funds at the co-operative, terming the allegations as propaganda meant to portray them as corrupt. They cited that, there were plans by the…
By Gilbert Ochieng Some 1934 rice farmers in Bunyula, Busia County will directly benefit from three combine rice harvesters through a partnership. Magombe Multi-Purpose Cooperative Society chairman Christopher Gunyi said gone were the days when rice farming was operated manually. He pointed out that rice farmers from Bunyala Irrigation Scheme have been losing ten bags…
