The Leading Newspaper for Co-operative Movement in Kenya
By Isaac Lenkou The Kajiado County Government has disclosed that over 41,000 people have joined Co-operatives in the last three years. The Societies transaction total business worth Sh 470 million. “I commend efforts undertaken by Co-operatives to improve the livelihood of people in Kajiado County,” said Paul Ntiati, Deputy Governor, Kajiado County during the 94th…
By Amos Kerich A year after Bomet Governor Isaac Ruto took office, he started Multi-purpose Cooperative Societies in every ward in the County. This initiative has greatly boosted the living standards of the Sacco members. When coming up with the initiative, Governor Ruto had observed that he knew very well that the largest percentage of…
By Wasike Elvis Uasin Gishu County Government through the Ministry of Trade is set to revive all collapsed Cooperative Societies in the County by giving out funds for this purpose. According to the CEC in charge of Trade, Industry and Tourism Philip Melly, most Cooperatives collapsed due to mismanagement, corruption and lack of qualified staff…
By Boniface Mulu Kitui Women Savings and Credit Co-operative Society Limited is facing a number of challenges related to products, services development, governance and human resources, according to the CEO, Elias Waki. Mr Waki said the society lacks adequate staff and largely relies on the management committee volunteers and Women Enterprise Fund(WEF) officers in Kitui…
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 tailor made to customer needs.“ As a society, we engage…
By Collins Akong’o Savings and Credit Co-operative Societies(Sacco)leaders have been urged to recruit more member into the movement. According to Qwetu Sacco Chairman Alfred Mlolwa this will help increase the national savings ratio, which currently stands at 9 percent as opposed to 30per cent outlined in Vision2030. He said findings of the Fin Access Report2014…
By Richard Shichangi Sukari Saving and Credit Co-operative Society Limited has embarked on a programme that involves an elaborate re-branding exercise. Addressing members during this year’s special Annual General Meeting (AGM), Chairman Isaac Sheunda said that the Society has already procured the services of a reputable firm to undertake the re-branding exercise. The AGM was…
People With Disabilities (PWDS) have been urged to save their money through Saccos to receive loans which will enable them expand their businesses. Kenya Re-insurance Managing Director, Jidiah Mwarania said the company has embarked on a campaign aimed at creating independence for people with disabilities. He disclosed that Kenya Re has invested one per cent…
By Amoto Dennis The County Government has set aside Sh20 million to revive ailing local Co-operative societies. Executive Member for Trade, Industry and Tourism, Adam Dhida said the funds will be used as a revolving fund to provide capital base for Co-operative movement. Speaking after launching Tana Mango Marketing Co-operative, Dhida also revealed that more…
By Titus Murithi Embu-based Trans Nation Sacco is in the process of training its members on the Society’s latest products and services, including its digital platforms. This programme is to be carried out by Sacco officials in all the branches of the Society. Members will be introduced to the Societies new premium shares which…
