First Halal expo held in Kenya

By Amoto Dennis The first ever Halal exhibition in Kenya came to a close at the Kenya International Convention Centre (KICC) in Nairobi recently with a call on all Muslims in the country to tap into the Halal conscious markets. Tourism Cabinet Secretary Najib Balala who was the chief guest at the expo which attracted…

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Murata Sacco changes to Amica Savings & Credit

By Kage Njoroge In a strategic move to widen its business opportunities, Murata Sacco has rebranded and acquired a new name and identity, aimed at establishing a new culture of delivering services to the increasing clients. The change involved adopting royal blue as the master colour to symbolize stability, growth and professionalism. Murata Sacco which…

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New Heri Homes launches Dagoretti Housing Project

By Kiptanui Rutto New Heri Homes Housing Co-operative Society Limited has kicked off construction of Kikuyu Heights Homes in Dagoretti South. The building site is a few metres from Equity Bank along Kikuyu Road. Speaking during the ground breaking ceremony, Dagoretti South MP, Hon. Dennis Waweru who was the chief guest, lauded Heri Homes for…

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Winas scores big on CSR and Agency Banking

By Kamundia Muriithi Winas Savings and Credit Co-operative Society Limited, formerly Embu Teachers Sacco Limited has rolled out elaborate Corporate Social Responsibility (CSR) programmes targeted at the needy and disadvantaged in society. The Society aims at improving the social-economic welfare of residents in Embu County by putting a smile on their faces “We like giving…

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Saccos welcome cheque books

By Our Reporter Members of the Cooperative movement in Embu County have welcomed the move by established Saccos and specific banks to issue personalized cheque books to the Saccos’ FOSA members. They have hailed the new development as a key milestone in easing commercial transactions where customers with Current Accounts can enjoy banking services with…

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Mentor Sacco records Sh61.2 m surplus

By Jackson Okoth Muranga County-based Mentor Sacco Society Limited posted a net surplus of Sh61,212,520 at the end of financial year ended December 31, 2016. This is compared to Sh 57,040,879.02 posted during the previous year. Interest on loans and advances rose to Sh635.9 million in 2016 compared to Sh503.7 million posted the previous year….

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Othaya farmers get Sh8m milling coffee machine

By Joseph Mukubwa Othaya Coffee Farmers Co-operative Society Ltd has procured and installed a new advanced polisher and bucket elevator for milling coffee worth Sh8 million. The Society Chairman, James Nderitu said the machine is able to mill 2000 kgs of parchment coffee per hour compared to the previous one which could do only 700…

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County sets aside Sh35m for Saccos and small traders

By Staff Reporter Saccos and small business entrepreneurs in Laikipia County will receive financial boost after the County Government set aside Sh35 million this financial year as part of a revolving fund to revive Co-operatives and improve small businesses. According to the County Trade and Co-operatives Executive, Ann Cheptoo, the move will see members of…

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Ollin to launch more innovative products

By Our Reporter Ollin Sacco plans to launch more innovative and attractive products and services to meet the dynamic needs of its members and customers. Sacco CEO, Richard Ndaka (pictured) said Ollin is set to attract more members through competitive products and services that are tailormade to customer needs. “As a society, we engage directly…

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Mwamba takes Times U Sacco to new heights

By Munene Maina Catherine Mwamba is associated with all the remarkable achievements and milestones that Times U Sacco has been able to record under her watch as the Chief Executive Officer. Since joining the Sacco eight years ago, Mwamba has been instrumental is charting a new path for Times U Sacco. “It has been a…

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