Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
Dissatisfied farmers affiliated with Iria-ini Tea Factory have lamented over low bonuses and alleged fund embezzlement by the factory’s management. The farmers suspect extravagant executive expenses and questionable procurement practices. They also complained that the factory is one of the lowest payers in the region, compensating farmers a mere Ksh38 for a kilogram of tea…
By Benedict Ngetich and Jackline Chepkorir. The new management of Stegro Savings and Credit Society has paid out Sh120 million accumulated tea bonus to farmers. The CEO, Mr Geoffrey Chepkwony said the payments were part of accumulated bonus by farmers who had not been paid by the previous management. Accompanied by the Chairman of the…
