The Leading Newspaper for Co-operative Movement in Kenya
By Kage Njoroge. To reposition itself in the competitive market and widen its business operation jurisdiction, Murata Sacco has resolved to rebrand. During its Annual General Meeting recently, Murata delegates and shareholders adopted a proposal to rebrand to Amica Sacco Limited. The names Murata and Amica mean friendship. Addressing the members at the well-attended meeting,…
By Joseph Mukubwa. Biashara Sacco Society, located in Nyeri County is targeting students through its Corporate Social Responsibility (CSR) programmes this year. This is through its school feeding programme, which was recently launched at the DEB Nyeri Primary School in Nyeri town. The Sacco has already spent some Sh200,000 on the initiative where over 500…
By Esther Chesoro. Over 800 members of the Mwikaria Catholic Men Association are part of the newly launched Sacco in Tharaka Nithi County in order to improve their lives. Ephantus Mugendi a beneficiary of the Sacco, borrowed a loan of Sh150,000 which is three times his savings which he used to buy land to build…
By Joyce Mong’are. Members of the controversial KatelemboMuvutiAthiani Coffee Farmers and Ranching Co-operative Society have finally received their title deeds. The over 3,000 members were issued with the much awaited documents recently at a ceremony presided over by the Chairman Peter Kamba and attended by County Commissioner of Co-operatives Charles Nalianya and Machakos Deputy County…
By Joyce Mong’are. Meru Central Cooperative Union has diversified its operations for more revenue generation to enable them finance their operations without any funding from the farmers. Imenti House on Nairobi’s Moi Avenue is to be upgraded into a 25-storey building by the union.The group will also develop a shopping mall and a storeyed commercial…
By Dennis Bett. The County Government of Elgeyo Marakwet has announced plans to revive dormant cooperative societies in the region. Mrs. Anita Kimwatan, Keiyo South Sub-county Trade and Cooperatives Chief Officer said at a function held at Lelboinet, that farmers should joining co-operative societies to boost their earnings. She promised to provide more financial support…
By Wesley Ken. Elimu Sacco Society Limited recently held a well-attended all-members’ Education Day at Jamhuri High School Hall in Nairobi to enlighten members on their rights and obligations. The initiative, which is part of the Sacco’s annual activities was aimed at empowering members through imparting to them useful knowledge concerning the Sacco’s products and…
By Enock Okong’o. Sky Sacco is set to receive increased support from both the Turkish and Kisii County governments after their impressive performance in the corporate world. The Sacco which ventured in hen production helps youth to borrow loans and in return bring forth one egg per week to repay the loan. Speaking at the…
By Stephen Makabila. The Co-operative sector is poised to witness significant changes in the coming months. For instance, a new policy document that gives a road map on how County Governments and the National Government will manage Co-operatives which is now a devolved function, is to be unveiled before the end of March 2017. The…
By Kamundia Muriithi. Among his age mates, Silvano Mbogo, 30 is one of the emerging successful entrepreneurs in Embu County with investments in transport, food and money lending business. Mbogo has a fleet of seven motorbikes, runs butchery -cum-rice business, and operates an informal money lending bureau, in addition to employing eight people. He credits…
