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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…
By Kiptanui Rutto Thamani Sacco has come a long way and has supported its members to upgrade their living standards, majority of them being farmers. Its CEO, Rose Kithinji said the Society, formerly Nithi Tea Growers Sacco Ltd was registered in November 1987 with the mandate to mobilize member’s savings and ensuring that they access…
By Wesley Ken The youth are often described as the present and future of any country, Kenya included. Therefore, any Sacco that wants to survive has to make itself attractive to this segment. Most of the youth are the so called millennials – born in the 1980s. This is the group that is coming into…
By Wasike Elvis Matatu owners have been urged to ensure they have registered their vehicles with a particular Sacco before engaging in the transport business. According to the National Vice Chairman of the Matatu Owners Association Steve Murunga, by being a member of a Sacco it is easier to control vehicles and in case they…
By Munene Maina When Samuel Koskei joined Kenya Highlands Sacco in 1992, it was operating from a small rented room and serving only tea farmers. Despite the area having other bigger societies he could have joined, Koskei had noted something unique about the Sacco. A keen observer, his judgment never disappointed him. The Sacco is…
By Munene Maina Kenya Highlands Sacco paid farmers Sh2 billion bonuses, an increase of 56 percent from last year. “The money should have an impact on the area. It will go a long way in enabling farmers meet their development goals,” said Sacco CEO Alice Kosgei,. She noted on average, a member will receive Sh60,000….
By Dennis Bett Elgeyo Marakwet County has set aside Sh20 million to establish fruit, tomato, mango and milk processing plants. Agriculture Chief Officer Pius Cheserek also revealed that private investors have injected Sh50 million to boost value addition in the county’s four Sub-Counties. The disclosure comes at a time when it is estimated that farmers…
By Stephen Makabila The year 2016 was an eventful one for the country’s Sacco industry and the cooperative sector in general, with major achievements and events all round. The Sacco Review takes readers down memory lane, in highlighting some of the major happenings and events within the Sacco industry and cooperative sector in general from…
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…
By Azael Masese Nyamira Tea Farmers Sacco Society Ltd plans to open its common bond in order to attract membership from other sectors including the business community. This will enable the Sacco to diversity its business operations and strategy. Located in Nyamira town, the Sacco is licensed by the Sacco Societies Regulatory Authority (Sasra) as…
