Govt asked to revise taxation on Saccos

By Benedicto Ng’etich The Chairman of Simba Chai Savings Co-operative Society Engineer Joseph Mitei has complained of the high rate of taxation directed at co-operative societies in the country. He said co-operatives should come together and lobby legislators to formulate laws which are friendly to saccos. “We want people elected into various political offices to…

Read More

County seeks to revive pyrethrum Co-ops

By Azael Masese Kisii County Co-operative Commissioner will assist the operations of farmers’ unions affiliated to the growing of pyrethrum if the production of the crop is improved. Co-operative Commissioner Victor Kenyariri  promised that once the Agriculture Ministry spearheads improved yield, they will work out on the marketing strategies to ensure a better return from…

Read More

Leaders criticized for neglecting saccos

By Erick Nyayiera Politicians in Nyanza and Western regions have been criticized for not putting enough efforts to empower the local people through formation of Saccos. Atyang Atyang a renowned activist who is also the secretary general of Gakwamba Farmers Co-operative society observed that unlike in Kisii and Nyamira Counties where the political leadership have…

Read More

Governor urges boda boda riders to form saccos

By Our Reporter Busia Government seeks to have have all Boda Boda riders registered under saccos to enable them improve on their livelihood through the Co-operative Fund. Governor Sospeter Ojaamong said capacity to form a Sacco would assist them get loans to invest in profitable activities. Speaking to Sacco Review newspaper at the County headquarters,…

Read More

Capital Sacco introduces loan product for schools

By Kinoti Murithi Capital Sacco has launched a loan product to assist schools to construct classes, dormitories, administration blocks, halls and laboratories. The loan product can also be used to finance construction and equipping of laboratories, kitchens, toilets and gates. Capital Sacco has tailored its loan product to cater for specific needs of any school….

Read More

Kilifi County Co-op members’ deposits shoot up

By Tsozungu Kombe Kilifi County Cooperative members have improved their deposits substantially. Speaking during this year’s Ushirika Day celebrations held at Barani Secondary School in Malindi town, the County Trade, Industrialisation and Cooperatives Development Ministry Chief Officer, Patience Tsimba Umazi said prior to devolution, the deposits stood at Sh 2.3 billion but have now shot…

Read More

Gastameco Sacco rebrands to Biashara Tosha

By Munene Maina Rural-based Gastemeco Sacco has now changed its name to Biashara Tosha Sacco as it sets out on a new growth path that will enable the Society become more reputable, expand its reach beyond Embu County and improve service delivery to members. Biashara Tosha, established, eleven years ago in Manyatta Sub County, Meru,…

Read More
Don`t copy text!