Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
The Co-operative Bill, 2023 has now been put on hold after county governors claimed that they were not consulted during the drafting. Sponsored by the government through the Ministry of Co-operatives and Micro, Small and Medium-sized Enterprises (MSMEs) Development, the Bill was in Parliament to allow for its first reading before proceeding to other stages…
President William Ruto has assured cooperative sector stakeholders that his government will fully implement the National Co-operative Policy in plans to strengthen the multi-billion shilling sector. He said the movement has contributed immensely to national socio-economic development. “The government is determined to take appropriate measures to ensure full implementation of Sessional Paper Number 4 of…
By Staff Reporter A section of the National Co-operatives (NACOS) and the co-operative sector players in general have voiced concerns over lack of a Principal Secretary (PS) in the State Department of Co-operatives. The concerns come weeks after immediate former PS Ali Ismail left office over failure to be re-appointed by President Uhuru Kenyatta when…
By Eugene Kioko Members of a housing co-operative society have expressed fears for their lives after a gang of armed people believed to be hired by land cartels invaded their property. The 4,000 members of Kamulu Housing and Co-operative Society who have settled on 2,300 acres of land bought by the society said their lives…
By Azael Masese Savings and Credit Co-operative Societies in Machakos County have been urged to conduct aggressive marketing campaigns to increase their business volumes. County Co-operative Officer Joe Maina noted that critical among them is to improve on their share capital and deposits. Despite the societies’ closeness to Nairobi and the commercial opportunities it presents,…
By Munene Maina Kingdom Sacco has joined Tier 3 category of medium Saccos. The Sacco registered growth in asset base to Sh1.116 billion by close of 2017 to move up from Tier 4 category of small Saccos. It registered positive performance in the year despite various challenges arising from the political and economic environment in…
By Our Reporter Nairobi County leads the country in the number of highest savers in the cooperative sector, with the highest saver hitting Sh76 million, the county’s Cooperative Commissioner Dolphine Alemi has said. Speaking during Nyati Sacco Annual General Meeting recently, Alemi said Kenya is one of the leading countries in the world in cooperative…
By John Majau For a long time in the past, farmers in Meru wholeheartedly engaged themselves in planting and harvesting of potatoes without even the slightest clue of the specific market they intended to sell their produce to. Many would be forgiven for thinking that farmers originally cultivated the crop for the sole purpose of…
Migori County residents have been encouraged to embrace co-operative societies in a bid to improve economically. Migori County Lands and Co-operatives Minister, Elizabeth Ochae said the county has always given necessary support to the cooperative societies in the region. She promised that it will continue working together and support co-operative societies. She urged the residents…
By Stephen Makabila Major re-organisation has been carried out at the State Department of Co-operatives following introduction of four positions of Senior Deputy Commissioners after the Commissioner’s office was elongated from Job Group S to T. The changes which took effect in January this year are the second after an earlier re-organization at the head…
