business - Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya

PS Mang’eni on tour to explore partnerships with Indian MSMEs

Sacco ReviewAugust 21, 2024August 21, 202402 mins

The Principal Secretary (PS) to the State Department for Micro, Small and Medium Enterprises (MSMEs) Development, Susan Auma Mang’eni, is in India for the three-day India Africa Business Conclave organized by the Confederation of Indian Industries. In an announcement made on her official X (formerly Twitter) account seen by Sacco Review, Mang’eni said that she…

Humour: Even the pious can fall for absurd business ideas

Sacco ReviewAugust 29, 2023August 29, 202307 mins

Before I get to the core of this story, let me tell you about the amusing anecdote about a strange ‘doctor’ in the village where I grew up. I describe him so because some of the shenanigans he exhibited border on the absurd, if not criminal. You see Disco Matanga, for that was his name,…

Youth unemployment in Kenya stands at 40 per cent-MP

Sacco ReviewApril 26, 2018April 26, 201804 mins

By Our Reporter Forty per cent of the population of the Kenyan youth is currently unemployed. This was revealed by chairman of Parliamentary Committee on Trade, Industry and Cooperatives Development Kanini Kega . He said the problem has remained unresolved for many years and is ever growing. Kega was speaking during the official opening of 3rd…

A young CEO steers growth at Muki Sacco

Sacco ReviewApril 26, 2018July 27, 201808 mins

By Munene Maina Muki Savings and Credit Cooperative Society, a fast growing rural based Sacco in Kinangop, Nyandarua County, is a story that began with the sowing of small but well-selected seed that blossomed into an inspiring co-operative. Muki’s phenomenal growth has been a tale of humble beginnings using members’ own savings, and using members…

Nyanza

Kisii Youth Bunge Sacco in deal to train members

Sacco ReviewMarch 21, 2018March 21, 201802 mins

By Enock Okong’o The Kisii Youth Bunge Sacco has entered an agreement with United States Agency for International Development and Kenya Union of Savings and Credit Co-operatives aimed at benefitting more youths in the county. USAID Triangular Institute will train youths who never went beyond Form Four to acquire skills that will enable them to…

Central

Nyeri matatu Saccos complain over unfair competition

Sacco ReviewMarch 9, 201802 mins

By Joseph Mukubwa Nyeri matatu Saccos have complained over unfair competition from rivals. This has led to a situation where these matatu operators are losing out on their daily earnings as fares fall even with an increase in the cost of fuel. “It is now survival for the fittest for us while commuters are celebrating…

Uncategorized

Tangazoletu to introduce agency banking for Saccos

Sacco ReviewMarch 9, 201804 mins

By Staff Writer There used to be a day when it would take one a whole day to travel from your house to the nearest Sacco branch, transact, paybills and travel back. Nowadays, you can transact and paybills on your phone in under 2 minutes and get on your business. Tangazoletu Limited, a Kenyan ICT…

Saccos eye lucrative office space business

March 16, 2017March 16, 201708 mins

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…

Matatu owners urged to join Saccos

March 15, 201701 mins

By Wasike Elvis. Matatu owners have been urged to ensure they have registered their vehicles with a particular Sacco before engaging in the transport business. According to the National Vice Chairman of the Matatu Owners Association Steve Murunga, by being a member of a Sacco it is easier to control vehicles and in case they…