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By Jackson Okoth Deposit-Taking Saccos that run Front Office Services Activity (FOSAs) and are supervised and regulated by the Sacco Societies Regulatory Authority (SASRA) will have to dig deeper into their pockets in the coming financial year. This follows a move by SASRA to increase Sacco levy from the current 0.1 per cent to 0.125…
Konoin Sacco, which has its head offices at Mogogosiek Trading Centre, Bomet County has rebranded to K-Pillar Sacco with its sights set on recruiting more members and expanding its network. The Sacco’s delegates have already endorsed this process, ahead of the official launch to be undertaken next year. This rebranding process will enable K-Pillar Sacco…
Cabinet Secretary Public Service, Youth and Gender Affairs, Sicily Kariuki has urged youth in Kerio Valley to embrace peace to effectively benefit from the Government initiated Youth Empowerment Programme (YEP) project. Mrs Kariuki, speaking at Kolowa Bridge in Kerio Valley recently while launching National Youth Service (NYS) Youth Empowerment Program aimed at constructing roads that…
Kakamega By Titus Wafula Kakamega Entrepreneurs Sacco (KES) Limited’s membership has grown steadily to more than 400 entrepreneurs with businesses since it started in 2002. Having been established with the sole aim of assisting smallscale businesses, the Sacco has over the years expanded to incorporate a larger segment of workers from various organizations. And with…
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…
By Munene Maina In a move aimed at boosting the agricultural sector, Nakuru County Government has embarked on an ambitious plan to strengthen farmer’s cooperatives. Speaking to Sacco Review in his office, Nakuru Cooperatives Director, Patrick Mak’Anyengo said strong societies for farmers will ensure they get good returns from their activities. “Agriculture sector plays a…
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…
