The Leading Newspaper for Co-operative Movement in Kenya
By Malachi Motano Traders inNyeri County have no reason to worry of where to save their hard earned money as one more savings and credit cooperative Society (Sacco) made up of small intreprenuours and mechanics springs up in to help in mobilising savings in the County and beyond. According to the traders Sacco chairman Joseph…
By Andanje Wakhungu Farmers supplying sugarcane to Butali Sugar Company have raised concern about cartels that have frustrated their operations and delivery to the factory. Cartels also continue to interfering with cane harvesting in the region, weeks after local leaders threated to stage a demonstration over delayed cutting of the mature crop. Farmers leaders claim…
By Dennis Bett Dairy farmers in Kapchemutwa Ward in Iten, Keiyo North Sub- County have received 33 high quality heifers to boost milk production in the county. It is expected that the Friesian and Ayrshire breed heifers will increase the average milk production from three to seven litres. The County Chief Officer for Livestock, Fisheries…
By Dennis Bett Farmers in Keiyo South, Elgeyo Marakwet County have received at least 100,000 coffee seedlings for planting this season. That was after the farmers in Soy South Ward decided in 2018 to develop their own nurseries instead of buying coffee seedlings from other areas. Soy South Member of County Assembly (MCA), Jonah Tanui…
By Boniface Mulu The former chairperson of the Kitui Banana Women Savings and Credit Cooperative Society Limited was recently buried at her Kwa Ngindu village home in Kyangwithya. The 83 years old Alice Mumbi Malonza who was a trainer on female gender issues, died at the Jordan Hospital in Kitui Town on Tuesday, April 13,…
By Ken Langat Over 17000 dairy farmers from Baringo County have cast aspersions on the proposed BBI Bill fearing that some good clauses would be thrashed if subjected to referendum. Led by Baringo Agriculture Marketing Saccos and Cooperative Societies (Bàmcos) Chairman Samwel Salbei, they stated that clauses mitigating farmers woes should be salvaged through an…
By Sammy Chivanga Outstanding remittances to Saccos from employers have exposed the sector to a myriad of challenges with many of them operating in financial depression. The piling up of outstanding deposits has put the sector in liquidity strains with no redress because the entities involved have gone scot free. Firms drawn from both the…
By Malachi Motano Kumisa Savings and Credit Cooperative (Sacco) members have appealed to the Directorate of Criminal Investigations (DCI) and the Commissioner for Cooperatives to help them recover their savings The Sacco based at Kirigiti in Kiambu town, also referred to as ‘Hustlers Sacco” is a Sh10 savings society which has collapsed with millions of…
By Washingtone Okellah Busia Governor Sospeter Ojasmong was the top depositor in Busia County Assembly Savings and Credit Co-operative Society (Sacco) in the 2019-2020 financial year. Despite challenges occasioned by the Coronavirus pandemic, the Sacco declared cash dividends of Sh500,000 that was shared by its 309 members. SACCO chairman Gabriel Erambo released the results whle…
By Asa Maina Four-year-old Nyeri South Traders Sacco paid a dividend of 10% in 2020, an increase from eight percent in 2019. The Sacco chairman Joseph Wanjohi said it had also paid out a dividend of 10% in 2017 and but the payout declined to 4% in 2018. Speaking during its fourth Annual General Meeting…
