The Leading Newspaper for Co-operative Movement in Kenya
By Amoto Dennis. The first ever Halal exhibition in Kenya came to a close at the Kenya International Convention Centre (KICC) in Nairobi recently with a call on all Muslims in the country to tap into the Halal conscious markets. Tourism Cabinet Secretary Najib Balala who was the chief guest at the expo which attracted…
Staff Reporter. The County staff have found themselves in a dilemma after it emerged there are no documents to prove remittances of some of their statutory and Sacco deductions. This follows Auditor General Edward Ouko’s recent report that indicated the County Government is unable to account for Sh2 billion it spent in the last Financial…
How Gideon turned Sh300,000 loan into a fortune By Ndichu Kamau. Gideon Waweru was a bank customer until he realized that it was more expensive to apply for a loan from this bank. It was at this point that a friend introduced Waweru to Tai Sacco where he registered as a member. Eight months…
By Munene Maina. Tai Sacco Society Limited won the Most Consistent Organization in the Co-operatives category during the recently held Champions of Governance (COG) Awards, organized by the Institute of Certified Public Secretaries of Kenya (ICPSK). This was at the ICPSK COG AWARD Gala night held on November 4th, 2016 in Nairobi. “This is a…
By Stephen Makabila. The State Department of Co-operatives has embarked on a new four-year strategic plan aimed at taking the sector to the next level, even as it plans to unveil a new Co-operative policy by next month. The department has equally focused on major activities that may turn around the sector this year with…
By Munene Maina. Bingwa Sacco Ltd has raised Sh103 million in a share drive promotion that started in October last year. “This is a big success for our Sacco. The share drive was an arduous task but I am happy we were able to surpass our target of Sh100 million,” said the Sacco chairman, Cyrus…
By Jackson Okoth. A number of deep pocketed Savings and Credit Co-operatives (Saccos) are setting up ultra-modern complexes with a view to leasing or renting out office space to interested parties. This segment of the property market is becoming an attractive option for the Saccos eager to pump more cash in the form of rental…
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 small-scale businesses, the Sacco has over the years expanded to incorporate a larger segment of workers from various organizations. And with a…
By Munene Maina. Daima Sacco has rolled out agency banking in a move aimed at expanding its reach countrywide. The Sacco plans to set up agencies at various trading centers in Embu before moving to other counties enabling its members get several banking services closer home. This comes as a relief to many people…
By Our Reporter As various Saccos alter and amend their by-laws to allow members to be represented through a delegates system, a section within the co-operatives system are not uncomfortable with this emerging trend. The question is whether members should retain Annual General Meetings (AGMs) as the supreme authority of a Sacco or pass this…
