Muranga teachers launch Sacco, go for property market

By Daniel Njoroge Teachers in Muranga County have formed a housing co-operative society to enable them build affordable homes and invest in the lucrative real estate industry. The housing investment society is an initiative of Kenya National Union of Teachers (KNUT) Murang’a South branch which intends to mobilize teachers in the county to pool resources…

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Wajir on the spot over workers’ Sacco dues

Staff Reporter The County staff have found themselves in a dilemma after it emerged there are no documents to prove remittances of some of their statutory and Sacco deductions. This follows Auditor General Edward Ouko’s recent report that indicated the County Government is unable to account for Sh2 billion it spent in the last Financial…

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Wajir donkey owners urged to form Sacco

By Our Reporter Buoyed by the formation of a donkey Sacco in Meru, Wajir donkey owners are under pressure to start a similar body. Reuben Wambua, the Deputy Director of Kenya Network Dissemination of Agricultural Technologies (KENDAT), says Meru Governor Peter Munya’s donkey Micro Finance has helped intergrate donkeys into the Agri – business sector….

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Sacco starts conservancy

Kitui County Tourism and Natural Resources Ministry has embarked on a Community Outreach Programme to establish a conservancy at the Kitui B2 Yatta Ranching Cooperative Society Limited ranch. The announcement was made by the ministry’s Chief Officer, Khalid Mahmud when he addressed thousands of members of the ranch during their 52nd Annual General Meeting held…

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Team to set up single sector regulator named

By Our Reporter National Treasury Cabinet Secretary Henry Rotich has appointed a Steering Committee that will establish the Financial Sector Authority (FSA) and oversee the merger of all financial regulatory authorities into one In a Gazette Notice Vol CXVIII No 143, dated November 18, 2016, members of the Steering Committee include Principal Secretary, National Treasury…

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UN Sacco clinches financial reporting award

By Jackson Okoth UN Sacco was recently declared the first runners up in the annual Financial Reporting (FiRe) Awards 2016. This was during an award ceremony and Gala Dinner held at the Windsor Golf and Country Club, Nairobi-the 15th edition of this event. The award ceremony was preceded by a conference at Safari Park Hotel…

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Muranga teachers launch Sacco, go for property market

By Daniel Njoroge Teachers in Muranga County have formed a housing co-operative society to enable them build affordable homes and invest in the lucrative real estate industry. The housing investment society is an initiative of Kenya National Union of Teachers (KNUT) Murang’a South branch which intends to mobilize teachers in the county to pool resources…

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Sacco sees steady membership growth

By Titus Wafula Kakamega Entrepreneurs Sacco (KES) Limited’s membership has grown steadily to more than 400 entrepreneurs with sound businesses since it started in 2002. Having been established with the sole aim of assisting small-scale businesses, the Sacco has over the years expanded to incorporate a larger segment of workers from various organizations. And with…

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Gusii Mwalimu targets small businesses

Gusii Mwalimu Savings and Credit Co-operative Society Limited, in conjunction Co-operative Bank of Kenya- through its training division, have initiated a comprehensive programme targeting small scale groups who are given loans to expand their business. Charles Omwansa, Gusii Mwalimu Teachers Sacco CEO the training programme targets salaried people and businessmen across the entire South Nyanza…

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Kakamega: Farmers get Sh25m milk cooler

By Titus Wafula Dairy farmers in Mumias East Constituency will start experiencing a massive turnaround in milk production following government’s intervention aimed at preventing losses occasioned by lack of preservative equipment. Mulembe Dairy Co-operative Society (MDCS) has received a Sh25 million 3,200 litre milk cooler from Ministry of Agriculture through Kakamega County Director of Co-operatives,…

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