November 21, 2024
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Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya

The Leading Newspaper for Co-operative Movement in Kenya

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Kakamega deputy governor Ayub Savula during a public participation forum in Friends Church Shabwali

Kakamega county to establish Ksh 1 Billion Tea Factory in Shinyalu

Sacco Review04 mins

The Kakamega County Government is set to kick off the construction of a new tea factory in the Madala area of Shinyalu constituency, with an investment of Ksh 1 billion. Deputy Governor Ayub Savula made the announcement during a public participation forum at Shabwali Friends Church, organized by the county government in collaboration with the…

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Relief for cane farmers as lobby revives after decades of slumber

Sacco Review07 mins

Sugarcane farmers in the West Kenya Outgrowers Company (WEKO)  held their first annual general meeting after 17 years. In a move that is set to restructure the crumbled giant cane farmers’ company within the western region, the new office is hell bent on ensuring that all their assets confiscated by the miller West Kenya and…

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Commissioner of Cooperatives, David Obonyo

Commissioner of Cooperatives Obonyo urges cooperatives to advocate for a greener future

Sacco Review03 mins

Commissioner of Cooperatives, David Obonyo has called on cooperatives to continue to advocate for a green future by promoting the adoption of renewable energy and environmental conservation programs within sector fostering sustainability and reducing carbon footprints. Obonyo who was speaking on Tuesday during the 2nd Cooperative movement stakeholders’ annual conference on the legal and regulatory…

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SMEs training Forum participants drawn from KNCCI -Kericho,Absa Bank and various SMEs.

KNCCI chairman urges SMEs to understand taxes for business resilience and compliance

Sacco Review04 mins

The proprietors and managers of small and medium-sized enterprises (SMEs) have been urged to keenly research and understand the types of taxes that affect their businesses for resilience and tax compliance. The Chairman of the Kenya National Chamber of Commerce and Industry (KNCCI) Kericho branch Rev. Reubenson Malakwen Bett said SME managers should try to…

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Kitui County Housing Cooperative Society eyes real estate growth with member-focused development plans

Sacco Review07 mins

The Kitui County Housing Cooperative Society Limited was started out of felt need by the Kitui County government staff in 2014. The society’s Chairman, Benjamin Musili Mukulo, further said the society is to be a world class housing cooperative society in the provision of real estate property services to the members for both the present…

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The Senate County Public Investments and Special Funds Committee conducting inspections of two major stalled projects in the North Rift region

Senate raises concern over delays in implementation of projects in the North Rift Region

Sacco Review05 mins

The Senate County Public Investments and Special Funds Committee conducted inspections of two major stalled projects in the North Rift region over the weekend, revealing concerning delays and potential financial irregularities. Led by Vihiga Senator Godfrey Osotsi, the committee first visited the incomplete Moi Soy Milling Plant on the outskirts of Eldoret City, a project…

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President Ruto signs the Sugar bill into law to revitalize the sector

President Ruto signs the Sugar Bill into law to revitalize the sector

Sacco Review05 mins

President William Ruto has assented to the Sugar Bill (National Assembly Bills No. 34 of 2022) which seeks to revitalize the sector, enhancing growth, regulation, and support for cane farmers nationwide. Sponsored by MP Emmanuel Wangwe and co-sponsored by Senator. David Wakoli, the Bill was considered by both Houses and approved by the National Assembly…

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SACCO

Beyond trust: Safeguarding your savings amid rising risks and governance gaps

Sacco Review012 mins

In Kenya, Savings and Credit Cooperative Societies (Saccos) have long been pillars of financial stability and community support. They offer accessible loans, promote a saving culture, and provide an alternative to traditional banking for millions. Saccos are deeply trusted institutions, often regarded as safe havens for personal savings and a dependable source for credit during…

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7 Key principles for effective leadership in cooperative societies (saccos)

Sacco Review08 mins

As the business landscape goes through major transformations, those at the top of various business organizations, particularly Savings and Credit Co-operative Societies (Saccos) must be awake to the reality that leadership isn’t just about holding a title or occupying a corner office in an organization. In this case, they should learn to understand that, leadership…

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The West Pokot County Boda Boda Association chairman Mr.Augustine Tomunyo

West Pokot Boda Boda Association aims to enhance member livelihoods with shuttle acquisition

Sacco Review02 mins

The West Pokot County Boda Boda Association has a vision of purchasing a shuttle (van) to boost the group economically from the revenue it will generate. Speaking to Sacco Review desk in Makutano town, the chairman of the association Mr. Augustine Tomunyo said that the main focus of the group members now is to uplift…

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