Boresha Sacco targets Sh500 million in shares drive

By Jackson Okoth. Boresha Sacco Society Limited with its headquarters in Eldama Ravine has begun selling shares to its members. The Society aims to raise a minimum of Sh500 million but has set a maximum target of Sh1 billion, depending on the response of its members. The exercise is aimed at raising share capital, develop…

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astameco 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, is…

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Register next of kin, Sacco officials urged

By Kiptanui Rutto. Makadara District Cooperative Officer (DCO), Andrew Maikal has advised Sacco officials on registration of the next of kin as the move would save the Saccos from dilemmas. Speaking during a Nafaka Sacco AGM in Nairobi, the DCO said many issues concerning the matter referred to his office and it was always a…

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Mafanikio opens Ukunda branch

By Tsozungu Kombe. Mafanikio Sacco, formerly Mombasa Teachers Sacco Ltd has opened a new branch in Ukunda town, Kwale County. The Ukunda branch situated at Arusha Plaza along the Likoni- Lunga Lunga road is meant not only to bring services closer to the residents of the county, but also to serve local residents more conveniently….

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More join Saccos in Kwale County

By Tsozungu Kombe. The Kwale County Co-operatives Officer, Levina Lenjo has commended local residents for joining Saccos in large numbers, citing the case of many merry go rounds that have since turned into Saccos. The County had only one deposit-taking Sacco, Kwale Teachers Sacco, which has since rebranded to Tabasamu Sacco. This number has increased…

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Low production hurts County dairy Co-operatives

By Erick Nyayiera. Dairy farmers in Siaya County are currently recording low milk production as a result of the drought which has affected the region from mid last year. Sam-Malanga Dairy Co-operative Society Manager, Japheth Ayoo said milk supply has drastically reduced thus affecting profitability. He states that as opposed to the previous period when…

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