The Leading Newspaper for Co-operative Movement in Kenya
By Okoth Peter. A total of Sh67 million has been disbursed to 54 Cooperative societies in Busia County, Communication Officer at the County Government, Reuben Olita has said. He said the county had restructured the loans, a move which has benefited Cooperatives. “There are 54 Cooperative societies in the county that need financial support”, said…
By Erick Nyayiera. Kisumu County Government has designed Co-operative Development Policy which will determine the growth path of the Co-operative sector in the region. This comes at a time when the Cooperative movement in the County has shown remarkable growth with the total registered Co-operatives societies standing at 470 and membership at 105,975 compared to…
By John Ochieng. Migori County Government has pledged to support the cooperative movements in the region. Speaking during Ushirika Day celebrations at Migori Primary School, the County’s Lands and Cooperatives Minister, Elizabeth Ochae said the local Government is poised to empower Cooperatives financially to boost the county’s economy. Chairman of Rongo Sub-county Cooperative Society, Peter…
By Godfrey Wamalwa. Bungoma Governor Wycliffe Wangamati (pictured) will seek support from the County Assembly members in legislating laws that will seal the loopholes in the Cooperative sector. Speaking during his inauguration, the governor said the laws will unleash the potential within the Cooperative movement in spurring the county’s economic growth. “A major catalyst in…
By Erick Nyayiera Juakali artisans and small scale traders in Siaya County have been urged to join Savings and Credit Co-operative Societies (Saccos) to get easy access to cheap loans.Siaya County Director of Co-operatives, VitalisOkech has said small scale traders can easily accessloans through Saccos compared to commercial banks. He lamented that NyanzaRegion was still…
By Our Reporter. Warsan Dairy Cooperative Society in Wajir County loses at least 10,000 litres of milk every month due to poor roads. The society regretted that due to the deplorable state of roads in the rural areas, they incurred heavy loses while delivering milk for processing. Speaking to Sacco Review, the Society‘s Manager, Abdisalam…
By Kamundia Muriithi The youth have been told to join and take loans from Savings and Credit Cooperative Societies (Saccos). Biashara Sacco Marketing Manager, George Njuguna advised the youth from Embu County to join Saccos so that they can qualify for loans. “By joining Saccos, youths can easily access loans to undertake various socio-economic projects,”…
By Kurgat Marindany. The Government has granted mortgage tax relief privileges to the Housing sub-sector so as to encourage its growth and development. Industry, Trade and Co-operatives Cabinet Secretary, Adan Mohamed made the disclosure during the 2017 95th Ushirika Day celebrations. The CS said the grant was caused by a Miscellaneous Amendment Bill and has…
By Erick Nyayiera. Thirty four entrepreneurs from Busia, Siaya and Kisumu counties have been issued with cheques for Sh5.2 million by the Kenya Commercial Bank (KCB) Foundation as start-up capital for their businesses. The beneficiaries of the start-up capital had successfully undergone a three months vocational skills training course at various institutions in their respective…
By Our Reporter. Up to 200 Saccos that are non-compliant with the law will be deregistered, Sacco Review has established. At the top of the list of Saccos that will be struck off societies register are those that have in the last three years not submitted audited annual financial results and therefore are out of…
