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

Hazina Sacco members told to focus on affordable loans

Sacco ReviewFebruary 26, 2024February 26, 202402 mins

Commissioner for Co-operative Development David Obonyo has challenged Savings and Credit Cooperative Organizations (Saccos) members to focus on getting affordable loans from their Saccos rather than high dividends. Speaking during the recently concluded Hazina DT Sacco Annual Delegates Meetings (ADMs) in Nairobi, he asked members to have long term investments through the Saccos, since co-operative…

Muka Mukuu Cooperative members urged not to sell their shares

Sacco ReviewJanuary 17, 2024January 17, 202403 mins

Muka Mukuu Farmers’ Cooperative Society members have been urged not to sell their shares as the Society’s fortunes have improved and are recovering steadily. Speaking while addressing them during their Annual General Meeting (AGM) at the Society’s grounds along Tala-Thika road, Chairman Dominic Nthwao said that they had revived stalled projects and there were others…

Top women’s cooperative in Rongai lauded after acquiring new building

Sacco ReviewJanuary 10, 2024January 10, 202403 mins

Kajiado County Executive Committee Member (CECM) for Gender, Culture, Cooperatives, Tourism and Wildlife Janet Sereu has commended Muungano Women Group Housing Cooperative for acquiring a new building in Ongata Rongai. Speaking during the meeting in Rongai, Sereu said that the group is among the best managed in the county and has been empowering women besides…

Ghanaian officials in Kenya to benchmark cooperative movement

Sacco ReviewDecember 11, 2023December 11, 202303 mins

Senior officials from the Government of Ghana, including representatives from the Ghana Co-operative Credit Unions Association (CUA), Ministry of Finance, and the Department of Cooperatives, are currently in Kenya to benchmark the country’s cooperative movement which is considered the largest in Africa. According to the 2022 Statistical Report by the World Council of Credit Unions,…

Fortune Sacco opens branch in Ongata Rongai

Sacco ReviewSeptember 26, 2023September 29, 202303 mins

Fortune Sacco has opened a new branch in Ongata Rongai, Kajiado County as part of its expansion plan. Kajiado County Deputy Governor Martin Moshisho commended the Sacco for focusing on improving the livelihood of Kenyans and assured them of the support from the county government. Sacco Chairman Mr Rufus Kamau noted that the opening of the…

Ruto outlines plans to revitalize coop sector

Sacco ReviewAugust 28, 2023August 28, 202306 mins

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…

Reprieve for Kwale farmers as Cooperative seeks to cut off middlemen

Sacco ReviewAugust 22, 2023August 22, 202304 mins

Farmers in Kwale County no longer have to worry about unscrupulous middlemen, thanks to Kwale Pamba and Viazi Cooperative Society (PAVI). PAVI, which was formed in 2014, has enabled local farmers to participate in agricultural livelihood programmes initiated by Base Titanium Company. According to John Cooke, the programme manager, its membership has grown tremendously over…

Chelugui calls for more investments in cooperative sector

Sacco ReviewJuly 15, 2023July 16, 202303 mins

Cooperatives Cabinet Secretary (CS) Simon Chelugui has urged the government to invest wisely in the cooperative sector to generate revenue and improve the country’s economy. The CS said about 63 percent of Kenyans rely on and benefit directly or indirectly from the Cooperative sector, hence good investments in the sector can generate revenue and reduce…

How greed of middlemen helped build dairy cooperative

Sacco ReviewJuly 14, 2023July 14, 202306 mins

In 2009 when dairy farmers in Elburgon ward in Molo Sub-county came together with an idea of collecting milk daily as a group, they had no idea the group would one day give birth to a colossal cooperative Society. The less than 100 dairy farmers had only one reason for coming together: to collect milk…

Govt tips Coop sector to guide its transformation agenda

Sacco ReviewJune 27, 2023June 27, 202306 mins

The government has identified cooperatives as the vehicle through which it will achieve its transformational objective of improving lives and promoting economic growth. Cooperatives Cabinet Secretary (CS) Simon Chelugui said the national transformation agenda will focus on several key areas such as food security, financial inclusion, nutrition, infrastructure, production, education, healthcare and economic development. He…