SACCO
Prime Cabinet Secretary Musalia Mudavadi

President Ruto champions cooperatives as key to economic growth in Africa

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…

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

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…

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Iten athletics sacco treasurer Mary kaitany receives recognition certificate during the launch of the sacco in Iten

Beyond the Finish Line: The Rise of Iten Athletics Sacco

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…

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Goeoge Ombado , Executive Director ACCOSCA

ACCOSCA: Cooperatives Bill 2024 will change the sector positively

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…

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Cooperatives CEC Hon. Farida Salim awarding a cooperator during Ushirika day in Kisumu.

Kisumu County avails elaborate strategy to revive Co-operatives

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…

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Co-operative and SMEs Cabinet Secretary Wycliffe Oparanya during his swearing in.

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

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…

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An official at the Mutira Farmers Co-operative Society is being whisked out from a meeting that was held at the Mutitu coffee factory. Photo by Jane Mugambi

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

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…

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Kenya to partner with Zambia for growth of Cooperatives.

Kenya to partner with Zambia for growth of Cooperatives

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…

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Amica Sacco Chairman Hezron Muchira

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

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…

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Taita Taveta County Cooperatives Director, Erastus Gonzi,

Eight dormant cooperatives in Taita Taveta set for revival

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…

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