Sacco Review team during the last year's International Day of Ushirika Day at KICC. Photo Obegi Malack

Ushirika Day Celebrations scheduled for July 6 postponed indefinitely

The 102 International Day for Cooperatives also dubbed Ushirika Day in Kenya that was scheduled for Saturday July 6, 2024 has been postponed until further notice. In a memo by the National Ushirika Day Celebration Council addressing all the Cooperative Societies, dated July 1, 2024 and seen by Sacco Review, attributed the move to the…

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Machakos Deputy Governor Francis Mwangangi tours Kwa Mating'i Farmers Cooperative Society on May 24. Photo: Agnes Orango

Government asked to waive debt owed by cooperative societies in Machakos

Machakos Deputy Governor Francis Mwangangi has made a strong appeal to the national government to waive the long-standing debts that are hindering the operations of cooperative societies within Machakos County. Speaking at a meeting with the Kwa Mating’i Farmers Cooperative Society in Matungulu, Mwangangi highlighted the severe impact of these debts. “Many cooperative societies are…

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Taita Taveta County Cooperative Commissioner Erastus Gonzi. File photo

50 new cooperative societies registered in Taita Taveta

Some 50 new cooperative societies have been registered in Taita Taveta County, Sacco Review has established. Speaking to Sacco Review in Voi town recently, County Cooperative Commissioner Erastus Gonzi said that the 50 new cooperatives were registered between September last year and early April this year. He further stated that 10 dormant cooperative societies in…

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Principal Secretary Ministry of Mining Elijah Mwangi.

PS urges miners to form cooperative societies

The Government has launched campaign to mobilise persons who undertake Artisanal and Small-Scale Mining (ASM) and Large-Scale Mining (LSM), to form Saccos aimed at ensuring earnings from the economically potential sector are prudently utilised. Formation of the Saccos, the Government hopes will ensure that miners especially artisanal and small-scale save portion of their income and…

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Govt looks to Saccos as domestic lenders through bonds, securities

By Azael Masese Former President Uhuru Kenyatta has asked Cooperative societies to invest in Government Bonds to lend the government the much needed cash to undertake long term development projects instead of relying on expensive external debt. Speaking during the 100th Ushirika Day celebrations at the KICC, the president said Cooperatives can be major players…

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