The Leading Newspaper for Co-operative Movement in Kenya
By Dennis Bett. Elgeyo Marakwet Youth Bunge Sacco has embarked on a mission to invest in assets and business generating activities as a way of empowering the youth. Speaking recently in Iten Town during the Annual Delegates Meeting, Chairman Nathan Tanui said that the society had grown its savings from Sh85,000 when it was established…
By Wasike Elvis. East Africa Exchange Company(EAX) has partnered with ABC Bank and East Africa Farmers Federation to build a Warehouse in UasinGishu County to be used by farmers in co-operatives. EAX Chairperson Jendayi Frazer said the facility to be built following the signing of a Memorandum of Understanding (MOU) between the three will help…
By Jackson Okoth. UN Sacco was recently declared the first runners up in the annual Financial Reporting (FiRe) Awards 2016. This was during an award ceremony and Gala Dinner held at the Windsor Golf and Country Club, Nairobi-the 15th edition of this event. The award ceremony was preceded by a conference at Safari Park Hotel…
By James Wakahiu. More than 1, 000 youth will benefit from a Sh50 billion technical training support and market linkages under an entrepreneurship programme dubbed 2jiajiri by the Kenya Commercial Bank (KCB) in collaboration with Bidco Oil Refineries Limited Under the partnership, KCB will offer the technical capacity building and Bidco will provide a guaranteed…
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 Titus Murithi Embu-based Trans Nation Sacco is in the process of training its members on the Society’s latest products and services, including its digital platforms. This programme is to be carried out by Sacco officials in all the branches of the Society. Members will be introduced to the Societies new premium shares which have…
By Titus Muriithi. The Meru County Executive Committee member in charge of co-operatives Mithiaru Mithika has said that it is due to the contributions made by various cooperative unions since independence that Kenya has been able to grow its rural economy. He points out that through various cooperative unions, especially those in the coffee, tea…
By Munene Maina. Rural-based Gastemeco Sacco has now changed its name to Biashara Tosha Sacco as it sets out on a new growth path that will enable the Society become more reputable,expand its reach beyond Embu County and improve service delivery to members. Biashara Tosha, established, eleven years ago in Manyatta Sub County, Meru, is…
By Kiptanui Rutto. Makadara District Cooperative Officer (DCO), Andrew Maikal has advised Sacco officials on registration of the next of kin as the move would save the Saccos from dilemmas. Speaking during a Nafaka Sacco AGM in Nairobi, the DCO said many issues concerning the matter referred to his office and it was always a…
