April 28, 2024
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Sacco Review|The Leading Newspaper for Co-operative Movement in Kenya

The Leading Newspaper for Co-operative Movement in Kenya

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Boda Boda riders attending the launch of Imarika Sacco in Mtwapa. Photo/File

Kilifi’s Imarika Sacco gets new treasurer

Sacco Review03 mins

The vibrant Imarika Sacco Limited in Kilifi County has a new treasurer, Sylvester Charo. Speaking to Sacco Review in Kilifi town recently,  Charo who has been the Imarika Sacco Secretary has replaced the former Treasurer, Reuben Gideon Kaphu who has retired from the teaching profession after attaining the retirement. While talking to Sacco Review from…

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Miners in Migori. Photo:courtesy

Miners in Migori form cooperative to eliminate cartels

Sacco Review02 mins

Miners in Rongo Sub-county have formed a marketing cooperative society to protect members from preying cartels and uplift their living standards. The North Kamagambo Mining and Marketing Cooperative Society based in Rongo Sub-county is only four months old and going strong. The society recently held a one day seminar in Rongo town to sensitize members…

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GDC Sacco Society LTD Chairman Mburu Gitau. GDC Sacco members during the Annual General Meeting.

GDC Sacco seeks to grow its asset base to KSh8.5 billion

Sacco Review08 mins

GDC Sacco Society Ltd (GDC) has embarked on an ambitious plan to grow its asset base to KSh8.5 billion as it seeks to be among the top 50 Saccos in the country. The Sacco which currently has over 34,000 members, who are mainly dairy farmers in the agriculture-rich Githunguri Sub-county in Kiambu County, is keen…

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quity Bank's Chief Executive Officer James Mwangi addresses investors at the Equity Bank headquarters recently. Photo/Courtesy

Equity Group posts 13 per cent slide in 2023 pretax profit

Sacco Review01 mins

Kenyan lender Equity Group reported a 13 per cent fall in 2023 pretax profit to KSh51.9 billion, weighed down by a surge in provisions for bad debts, the firm announced on Wednesday March 27. Equity is East African country’s top lender by earnings. READ ALSO: Capital Sacco launches promotion to reward members purchasing shares The firm…

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CS Cooperatives Simon Kiprono Chelugui (centre) with his PS Patrick Kilemi ( right) and ACCOSCA Executive Director George Ombado addressing media recently.

Kenya to host 24th SACCA Congress in October

Sacco Review03 mins

Kenya is set to host the 24th Savings and Credit Cooperatives Associations (SACCA) Congress on October 6-12, 2024 in Naivasha, Nakuru County. The 2024 SACCA Congress will be organised by African Confederation of Cooperative Savings and Credit Associations (ACCOSCA) in collaboration with the Ministry of Cooperatives and MSMEs Development and Kenya Union of Savings and…

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Capital Sacco Board of Management led by the CEO Eliezer Kaburu (second right) and Chairman Jackson Kinoti (third right) cut the cake to mark the launch of a Promotion Drive dubbed "Pepea na Capital Sacco" held at Gatimene Gardens in North Imenti constituency.

Capital Sacco launches promotion to reward members purchasing shares

Sacco Review08 mins

Capital Sacco has officially launched an ambitious share drive promotion meant to recruit more members to the institution and reward those who add on their capital share. The promotion dubbed ‘Pepea na Capital Sacco’ aims at mobilising more members to buy more share capital with the winners set to be awarded with various prizes. The…

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PS Cooperatives Patrick Kilemi (left) awards APSTAR Sacco youngest saver. Looking on is the Sacco Chair National Chairman Dr Philip Cherono. Photo Obegi Malack

PS Cooperatives urges SACCOs to hire competent officials

Sacco Review02 mins

Principal Secretary Department for Cooperatives Patrick Kiburi Kilemi has asked Sacco members to always hire competent officials to run the SACCOs. He said incompetent officials are not able to perform leading to poor performance of most firms. Speaking during APSTAR Sacco (former Ukulima Sacco) 46th ADM at Serena Hotels he said the board should also…

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