The Leading Newspaper for Co-operative Movement in Kenya
By Munene Maina. Bingwa Sacco, one of the country’s most successful societies plans to open a new branch in Kitengela in the course of the year. Sacco Board Chairman, Cyrus Kabira has revealed. Speaking during the Sacco’s 34th Annual General Meeting held in Kerugoya town recently, Kabira said the Sacco currently has 18 branches including…
By Munene Maina. Co-operatives in Kirinyaga County have played a big role in enhancing economic empowerment among residents. Kirinyaga County Director of Co-operatives, Edward Nyaga said more than half of Kirinyaga residents are co-operators, saying: “It is through societies that many households in the County are able to create wealth by embracing saving and prudent…
By Kamundia Muriithi. Embu farmers have been urged to embrace mixed farming to increase earnings. The call was made by Kimbu Wendo Group chairlady, Niceta Rwamba when she addressed members on the group in Gitare area. Driven by a collective zeal to reap decent profits from their small parcels of lands, about 40 folks in…
By Murithi Kinoti. The Dairy section of the Nyambene Arimi Sacco will soon operate as a separate entity completely free from the Sacco. The move is aimed at boosting the dairy section’s operation. The Dairy section will have all its assets separated from those of the Sacco within the course of this year, according to…
By Richard Shichangi. Kakamega Vuma Daima Sacco has declared 10 percent payment of dividends to its members and another 8 percent payment of interest on members’ deposits. Addressing members during the Sacco’s Annual General Meeting held at the County Social Hall, the Sacco’s chairperson, Mrs Iris Masambaga urged members to use the earnings to boost…
By Our Reporter. Busia Matatu Saccos members have threatened to stop paying levies to the County Government due to the deplorable condition of the main bus park. They brought business in Busia Town to a near standstill recently as they protested the condition of the bus stage and roads, and accused the County Government of…
By Wasike Elvis. Coffee farmers have been urged to join Co-operative societies to be empowered financially and to get assistance from the government. Coffee Management System General Manager, Martin Ngare said this will also help them to get advice from experts. “Through belonging to a Co-operative it will be easier for them to look for…
By Dennis Bett. Billionaire businessman and Uasin Gishu governor aspirant, Kiprop Bundotich popularly known as Buzeki plans to revamp the Co-operative sector in the county, if elected. He said he would do this by giving more funds to the sector and emphasizing value addition. Buzeki said the only way to empower farmers is through Co-operative…
By Dennis Bett. Elgeyo Marakwet Youth Bunge Sacco has embarked on a mission to establish income generating activities to empower members. It is planning to partner with Safaricom and other financial institutions to set up business activities like M-PESA, Bank agents and building plots and homes for rental purposes. Speaking during the 2017 Annual Delegates…
By Kephas Ayiecha. Savings and Credit Co-operative Societies (Saccos) faced tough times ahead if the government goes ahead with plans to effect amalgamation of financial institutions. One such Sacco is the Trans National Times Sacco Society (TNTs) based in Kitale which has an increased financial base of Sh1.1billion. Speaking during the Sacco’s Annual Delegates Meeting…
