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

Saccos urged to reinforce anti-corruption measures

Sacco ReviewOctober 25, 2023October 25, 202304 mins

The Kericho County Governor has urged Saccos in the area to put in place tough anti-corruption measures to safeguard members’ savings. Dr, Erick Mutai said that the stability of any Sacco is dependent on the security guarantees it accords to members’ savings. He made the remarks when he presided over the launch of the new…

Members’ lethargy fuelling corruption in Saccos-Official

Sacco ReviewAugust 6, 2018August 9, 201805 mins

By Azael Masese Failure by co-operative members to interrogate the performance of their respective organisations has been identified as a weakness that needs urgent remedy. Intriguingly, this happens even in Savings and Credit Cooperative Organisations (Saccos) where majority of the members are the elite, leading to embezzlement of members’ savings. State Department of Co-operatives Senior…

MCA calls for audit of coffee co-operatives

Sacco ReviewJune 8, 201803 mins

By Makoma Musyoka A ward representative has pledged to audit all the coffee societies in Machakos County with a view of reviving the sector which has been run down through mismanagement over years. Speaking to hundreds of farmers at Kilalani Coffee Farmers Co-operative Society in Kangundo Sub-county during this year’s Annual General Meeting (AGM), Kangundo…