Sacco Review|The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
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…
The government will use small-scale miners’ cooperatives to supply construction materials for 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 in…
The Principal Secretary (PS) for State Department of Cooperatives, Patrick Kilemi, has reiterated the government’s pledge to support the cooperative sector by implementing dynamic policies and regulatory frameworks. Kilemi made the remarks on November 15 in Mombasa during a workshop which brought together cooperative sector shareholders from across the country to brainstorm on how to…
Uasin Gishu Governor Jonathan Bii has said that his administration will continue providing financial support to cooperatives in the region. He said that cooperatives are one of the sectors with great potential to employ a large number of jobless youth. While speaking during a forum that brought together women in Cooperatives and MSMEs in Eldoret,…
The County Government of Kisumu and other regional governments from thirteen countries have signed a Memorandum of Understanding for the creation of an Economic Forum for African Regions. The forum, championed by the Regional Council of Rabat Sale Kenitra, is formed as a framework for partnership and exchange of experiences capable of promoting development. The…
Invest and Grow (IG) Sacco has donated photocopier machines and printing papers to Friends Malava Primary School. The school’s Deputy Head teacher Esther Wayela Lucheli narrated how it has been tedious and expensive to carry out printing services from the nearby cyber cafes. BoM team represented by Lawson Makola appreciated the gesture and promised to…
Uasin Gishu Chief Officer for Cooperatives and Enterprise Development Ruth Samoei has urged cooperative societies to allow young people in their management. Speaking during a visit to Kipsonoi Dairy Cooperative Society in Bomet County, Samoei noted that most cooperatives are run by old folks and that there is need for a paradigm shift in the…
Women and institutions in Kajiado county will receive interest free loans from the county government if the Kajiado County Women Economic Empowerment Fund (Amendment) Bill 2023 becomes law. The bill will establish a Women Economic Empowerment Fund. Kajiado County Assembly Committee on Gender, Culture, Cooperatives, Tourism and Wildlife Chairperson Naisiae Karia said the Act seeks to…
Gusii Coffee Farmers Cooperative Union (GCFCU) has joined the Nairobi Coffee Exchange (NCE) to auction its coffee directly to buyers, ending decades of dependence on brokers. The Union’s CEO Dr Robert Mainya urged coffee farmers and the public to visit the union on Tuesdays and watch how coffee is being sold at the auction. He…
