Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
In matters co-operative movement management and governance practices, Participatory Budgeting (PB) is described as a democratic process that gives co-operative enterprise members direct power to decide how the management and boards of management allocate and spend members’ funds and other resources for the benefit of the members and other stakeholders. Participatory Budgeting promotes a bottom-up…
Former employees of Kenya Cooperative Creameries (KCC) have sought the Senate Committee on Labour and Social Welfare to secure their KES 204 million in unpaid dues. The committee has summoned National Treasury Cabinet Secretary John Mbadi who did not appear before the committee but sent a notice asserting that the Government is under no obligation…
The Government has called for responsible corporate governance in Saccos and accountability by leaders found culpable of financial irregularities. Principal Secretary for the State Department of Cooperatives Patrick Kilemi was speaking during the Nairobi SACCO Leaders’ Consultative Forum held by the Kenya Union of Savings and Credit Co-operatives Ltd (KUSCCO), where he noted that the…
