Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
Eight out of 141 dormant cooperative societies in Taita Taveta county are set for revival, with four of them already revived. They are Taita HPC, Taita Taveta Meat Goat, Taita Taveta Mgama and Maziwa Taita Dairy. Speaking to Sacco Review in Wundanyi town recently, the county Cooperative Director Erastus Gonzi noted that the county has 242…
The government will use small-scale mining cooperatives to supply construction materials for the affordable housing projects across the country. Mining Principal Secretary (PS) Elijah Mwangi said that his department has signed a Memorandum of Understanding with the Housing Department for the miners to provide over 60 percent of the materials required for the projects. Speaking…
Four cooperative societies in Malindi and Magarini sub counties in Kilifi county are set for revival. Speaking to Sacco Review in her office in Malindi town recently, Malindi sub county Cooperative Officer Moraa Ziro revealed that Goshi Farmers’ Cooperative, Manyeso Dairy Cooperative, Magarini Sand Harvesting and Magarini Cotton Farmers Cooperative societies will be revived. She…
Pastors in Nakuru have come together to establish Mitume Sacco to help them save money and access affordable credit facilities, ultimately improving their livelihoods. Pastor Alex Maina, the Sacco chairman and the chair of Nakuru Pastors Fellowship, encouraged pastors and clergy members to join the Sacco to enhance their economic status. “We understand the difficulties…
Harrison Kenga, a TukTuk operator based in Mombasa, was recently awarded a new Piaggio machine by President William Ruto. During the fund’s first anniversary, Kenga was named the top borrower of the Hustler Fund, having taken a loan of Ksh714, 000 so far. The President promised to buy him a TukTuk. Kenga started with a…
A group of boda boda riders from Ruiru in Kiambu County have a reason to celebrate after they acquired a 5-acre piece of land along Thika Road, with the help of Kamuthi Housing Cooperative Society. The Boda Boda Association, consisting of 200 members, received a title deed after diligently saving Ksh50 per day. Lawrence Kariuki,…
The Ministry of Cooperatives and MSMEs Development Cabinet Secretary, Simon Chelugui, has highlighted the important role played by the Cooperative University of Kenya (CUK) in enhancing professionalism within the cooperative movement. According to him, the university’s contribution in equipping and training the workforce in the cooperative sector is crucial for the sustainability of Saccos. “As…
Despite facing an imminent sale, New Kenya Cooperative Creameries (KCC) remains steadfast in its pursuit of launching a new Strategic Plan. Cabinet Secretary for Cooperatives and MSMEs Development, Simon Chelugui, joined New KCC’s Board of Directors in Naivasha on November 30 to contribute to the development of the Plan. He emphasized the significance of the…
Nakuru County Chief Officer of Cooperatives Kibet Kurgat has revealed that the county government has plans to provide low interest loans to registered cooperatives and Saccos through a revolving fund. Speaking during a meeting with stakeholders in the dairy sector, Kurgat revealed that all the necessary plans to launch the loan product at the beginning…
Laikipia Governor Joshua Irungu has lauded the role of cooperatives in uplifting residents’ lives and as a key driver of economic growth in the county. He noted that the county boasts of 210 registered cooperatives with a membership of over 98,000 and a total asset base of Ksh7.4 billion. “Cooperative societies, as a mass movement…
