The Leading Newspaper for Co-operative Movement in Kenya
By Stephen Muthini Farmers in Machakos County have received financial boost to increase productivity after the County government issued cheques worth over Sh138 million to various Cooperative Societies and Community Based Organizations. The cheques were issued by governor Wavinya Ndeti at Machakos People’s Park where farmers’ groups also showcased their products. The event billed as…
By Peter Otuoro Kenyans have been urged to tap into housing cooperative societies to enable them save and own houses in urban areas. Lands, Public Works, Housing and Urban Development Cabinet Secretary Zachariah Njeru said many Kenya are not aware of benefits gained after joining housing cooperatives. He said the ministry will work with his…
By Ken Langat In bid to ward off unscrupulous cartels that have permeated Avocado industry and made themselves a bargaining chip, farmers from Kericho have formed a cooperative society. Kericho Avocado Farmer Cooperative Society was presented to the registrar of companies last year by the farmers as an umbrella body to collectively market their produce…
By Fredrick Odiero SASRA Chairman Jack Ranguma has expressed concern over the low asset base levels of Saccos from Nyanza region. Ranguma said Saccos in the country have a total asset base of Ksh 886 billion yet Nyanza region controls a paltry Ksh3.6 billion (0.2%) of the total amount. Speaking during Keystone Sacco’s Annual…
By Sacco Review reporter Over 70,000 farmers have benefited from loans worth Ksh 1 billion since the inception of the Agricultural Finance Corporation’s (AFC) cheap credit scheme in 2018 that targets to benefit women on agri-finance in Kenya. The money was accessed through Saccos, microfinance institutions and Micro, Small and Medium Enterprises (MSMEs) with AFC…
By Roy Hezron Co-operative professionals and practitioners through their body the Kenya Society of Professional Cooperators (KSPC) have called upon the government through the State Department for Co-operatives to address the matter of timely data and information in cooperatives. The practitioners have further recommended for the establishment of an information and document portal with links…
By Benedict Ngetich Kericho based Ndege Chai Housing Cooperative Society has revealed plans to venture into income generating activities other than tenancy and sale of plots and tea for increased revenue. Mrs Edna Chepkwony, the Sacco’s Chairperson, noted that the society has continued to pursue other business opportunities with other stakeholders with a view of…
By John Majau. Isiolo abattoir once operational will be an economic game changer by creating opportunities for county residents in the tannery industry, animal feeds, and meat processing. Isiolo County Agriculture CECM Jusuf Mohamed affirmed that the ravaging droughts that led to the loss of 50% of the county livestock particularly cattle would have been…
KUSCCO Group Managing Director George Ototo has revealed that most county governments have failed to remit recoveries from payrolls to Saccos to enable them operate efficiently. Speaking during the 8th Annual Sacco Leaders Convention in Mombasa, Ototo said the non-remittances amounted to Ksh1.4 billion whereas amounts from other entities like government owned enterprises was Ksh2.8…
By Pascal Mwandambo One of the privileges of being a journalist is having the opportunity to meet and interview people from all walks of life. It’s an experience that enables you to walk in people’s shoes and feel what challenges they encounter in their day to day lives. Last time I told you about the…
