The Leading Newspaper for Co-operative Movement in Kenya
IG (Invest & Grow) Sacco formerly Kakamega Teachers Sacco is the 2016 best overall Sacco in Kakamega in the International Day for Cooperatives after scooping seven awards out of the possible sixteen. Western Shuttle settled for the first runners up position with four trophies to their name. On the lowest expenditure Sacco category, IG (Invest…
By Jackson Okoth Boresha Sacco Society Limited with its headquarters in Eldama Ravine has begun selling shares to its members. The Society aims to raise a minimum of Sh500 million but has set a maximum target of Sh1 billion, depending on the response of its members. The exercise is aimed at raising share capital, develop…
By Ken Ondieki Going by Kirinyaga Butchers Sacco Chairman, Christopher Muthigani, butchers are the most trusted people in the world. He is a firm believer in this and firmly believes that the only way for his Sacco is up. Thus, the Sacco’s prospects will soon hit the skies. The Sacco scooped the Rural Sacco with…
By Jackson Okoth Only Savings and Credit Co-operative Societies licensed to take deposits from the public will be allowed to use the acronym Deposit Taking Sacco Society (DTS). This is to differentiate them from other Saccos and to provide legal restrictions for the usage of this acronym by other non-deposit taking Saccos. Presenting the 2016/17…
By Joseph Mukubwa New Fortis Sacco, formerly known as Nyeri Teachers Savings and Credit Co-operative Society, emerged the Best Managed Co-operative Nationally at the Ushirika Day gala night, a ceremony that was recently held at Safari Park Hotel in Nairobi. It also won the award for Best Managed Teachers Sacco and trophy for Best Banking…
[dropcap]D[/dropcap]By Jackson Okoth It was one of the most gratifying moments as Saccos from virtually all sectors of the economy featured at Uhuru Park Nairobi, to mark the 94th International Co-operatives Day. The event, also known as Ushirika Day, was commemorated in all the counties. There was jubilation, song and dance, each time a society’s…
[dropcap]D[/dropcap]Chemigation involves applying chemicals in the right manner to a coffee tree using the drip pipes instead of the traditional spraying method. Fertigation is a process that involves applying fertilizer to a coffee tree in the required quantities and quality. A plan to introduce new technology and a new payment system to coffee farmers was…
By Wasike Elvis Farmers in Uasin Gishu County who are members of cooperative societies will soon get fertilizer at a cheap price after a fertilizer production plant starts operations soon. Japan based Toyota Tshusho Company is setting up a Sh1.2 Billion fertilizer plant at Ngeria, and is set to start production early next month (August)….
By Cornelius Kimbui Machakos County Governor Dr Alfred Mutua has said he will revive Sacco societies. In a speech read on his behalf by the Chief Officer at the Ministry of Tourism, Culture and Sports Kennedy Auma, during celebrations to mark Ushirika Day, the Governor said there is a plan to make sure that Sacco…
By Titus Murithi Meru County has been described as the mother of the cooperative movement in Kenya. Addressing co operators during celebrations to mark the International Co-operatives Day (Ushirika Day), Meru Governor Peter Munya said the very first co-operatives were started in the County. Citing the once giant coffee union, the Meru Coffee Co-operative Union…
