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

Governor Bii advocates for cooperative model to drive economic growth

Sacco ReviewOctober 11, 202404 mins

Uasin Gishu Governor Dr. Jonathan Bii has urged county residents and stakeholders to adopt the Cooperative model as a means to build a better future for all. During his address to cooperative leaders at the inaugural Eldoret City Cooperative Leaders Convention Forum recently, which was attended by Cabinet Secretary for Cooperatives and MSMEs Wycliffe Oparanya,…

President Ruto champions cooperatives as key to economic growth in Africa

Sacco ReviewOctober 10, 202409 mins

President William Ruto has said Cooperative movement is a powerful engine for economic development of African Nations. Speaking during official opening of 24TH SACCA Congress held in Naivasha the President said the Cooperative movement empowers vulnerable citizens making them earn a livelihood and enables them to be economically stable. The president said 30 per cent…

Building Your Future: Why SACCOs Are Key to a Secure Retirement

Sacco ReviewOctober 8, 2024October 8, 2024010 mins

Saving for retirement is one of the most important financial decisions individuals need to make during their working lives. It is essential to ensure financial security and peace of mind in one’s later years. However, many people struggle with planning for retirement due to limited access to pension schemes, financial illiteracy, or inadequate income. Savings…

Beyond the Finish Line: The Rise of Iten Athletics Sacco

Sacco ReviewOctober 4, 202404 mins

Athletes in Elgeyo Marakwet have formed a sacco aimed with assisting them in managing their finances and investments. Iten Athletics Sacco comprises athletes and their coaches drawn from North Rift region. According to the sacco chairman Richard Kanda, the sacco has over 200 members calling for other athletes to join. He termed the move as…

ACCOSCA: Cooperatives Bill 2024 will change the sector positively

Sacco ReviewSeptember 30, 202403 mins

African Confederation of Cooperative Savings and Credit Associations (ACCOSCA) Executive Director George Ombado has said that the Cooperatives Bill 2024 which is currently before senate will be the game changer in the country. Ombado who was speaking during a media interview said if the bill passes other countries will also be able to follow the…

Kisumu County avails elaborate strategy to revive Co-operatives

Sacco ReviewAugust 15, 2024August 15, 202406 mins

Kisumu County government has come up with a comprehensive plan meant to revive the co-operative movement and help them to thrive and further help improve the county’s economic growth. Speaking during this year’s Ushirika Day celebrations in the County which were held at the YMCA grounds, Kisumu County Executive Committee Member of Trade, Cooperatives, Industry…

I will resign if you ignore my proposals, Oparanya tells Govt

Sacco ReviewAugust 12, 2024August 15, 202402 mins

New Co-operative and MSMEs Cabinet Secretary (CS) Wycliffe Oparanya has warned of his resignation from the Kenya Kwanza administration if his recommendations are not implemented. Speaking at Mariakani Church of God in South B on Sunday, August 11, 2024, Oparanya emphasized that his appointment by President Ruto was based on his extensive experience and track…

Farmers eject leaders of Mutira Co-operative, Kirinyaga County takes over

Sacco ReviewJune 27, 2024June 27, 202405 mins

Over 1000 angry farmers affiliated to Mutira Farmers Co-operative Society have ejected the current leadership-handed it over to the county government of Kirinyaga during a Special General Meeting that was held on Thursday, June 27. During the meeting, the election date was set to be on July 12 in all factories under the society. The…

Kenya to partner with Zambia for growth of Cooperatives

Sacco ReviewApril 15, 2024April 15, 202402 mins

Principal Secretary State Department for Co-Operatives Patrick Kilemi has said the Government of Kenya will partner with Zambia’s to improve the growth of cooperatives in the country. The PS who attended a two-day Zambia’s inaugural National Conference on Micro, Small and Medium Enterprises (MSMEs) and Cooperatives in Lusaka, Zambia said the cooperation will enhance and…

Murang’a Assembly advised to make laws that will empower Cooperatives

Sacco ReviewFebruary 26, 2024February 26, 202403 mins

The co-operative sector is one of the key economic drivers which contribute hugely to social and economic development in Murang’a County. In this consideration, the Murang’a County Assembly has been challenged to craft legal frameworks which would enable this crucial sector to upscale performance. According to the chairman of Amica Sacco Society, Hezron Muchiri, county…