Ekeza Sacco owner denies fraud allegations

By James Wakahiu. The owner of a real estate company and Sacco has denied swindling investors, and instead blamed reports carried by a section of the local media on his political detractors. Rev. David Kariuki Ngari (pictured), popularly known as Gakuyo who runs Gakuyo Real Estate and Ekeza Sacco said he runs legitimate businesses and…

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Biashara Sacco targets students with its CSR

By Joseph Mukubwa. Biashara Sacco Society, located in Nyeri County is targeting students through its Corporate Social Responsibility (CSR) programmes this year. This is through its school feeding programme, which was recently launched at the DEB Nyeri Primary School in Nyeri town. The Sacco has already spent some Sh200,000 on the initiative where over 500…

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Kenya registers 10 Saccos in Diaspora

By Stephen Makabila. The Government has registered 10 Saccos in several American and European cities in a bid to establish a footprint of the Kenyan Co-operative Movement in the global business arena. Cabinet Secretary (CS) for Industry, Trade and Co-operatives, Adan Mohamed, talking to Sacco Review said so far, those registered include two Saccos in…

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Kisumu Sorghum farmers get big boost from EABL

By Enock Okong’o . Nyakach and Nyando residents in Kisumu County will benefit from a Sorgum Farming Project spearheaded by the East African Breweries Limited (EABL) in partnership with the County, which is meant to promote food security in the area. The project is part of the EABL’s nationwide sorghum value chain open forum, aimed…

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Plan to improve Saccos in Kisumu County unveiled

By Staff Reporter. Chairman of Ushirika Council, Edward Matoke has said plans are underway to ensure Sacco societies within Kisumu County are productive and active. Matoke said that Ushirika Council has set future plans to be implemented before they celebrate the next Ushirika Day which includes offering the communal service to the public as a…

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Recruit more members, CJ tells Sheria Sacco

By Kiptanui Rutto. Sheria Sacco members have been urged to aggressively recruit more members in order to retain its portfolio as one of the most vibrant societies in the Co-operative movement. Chief Justice, David Maraga noted that the Sacco has won several accolades including Best Managed Sacco in Kenya and that he was proud to…

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Shoppers Sacco opens Nairobi branch FOSA

By Kiptanui Rutto. Shoppers Sacco, formerly Naku Sacco has started the journey to open branches across the country by opening the first Front Office Service Activity (FOSA) in Nairobi, along Tom Mboya Street. Co-operative Development, Principal Secretary, Ali Noor Ismail, presided over ceremony recently. Speaking during the event, the PS said Shoppers Sacco has successfully…

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Solution Sacco expands into Kitui

By Wesley Ondieki. Solution Sacco, formerly Meru Mwalimu Sacco has spread its footprint to Kitui County in an ambitious plan to recruit more members and improve on its reserves. A satellite office has already been opened in Kitui town and plans are underway to open a full-fledged branch in the County if a feasibility study…

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ABC Bank makes strides in Sacco industry

By Jackson Okoth. African Banking Corporation (ABC) has forged partnerships that enables it provide a bonquet of commercial banking services to players in the Sacco industry. One of the most popular products is issuance of branded cheques to Sacco. “We have a bouquet of products which are innovative in nature and through the said products…

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