Saccos cautioned on opening branches

By Benedict Ng’etich Sacco managers have been urged to undertake proper mapping and feasibility studies before opening more offices or branches. Bomet County Director of Co -operatives David Kerich regretted that some Saccos ended up incurring losses by paying rent on offices which were underutilised or were lying completely idle. “It is disheartening when a…

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Biashara Sacco to open new branch in Nairobi

By Joseph Mukubwa Biashara Sacco whose headquarters are in Nyeri town will open a branch in Nairobi by August this year. The Sacco Chairman Kamau Njamuku said some of its customers are business people who buy goods in Nairobi. The Sacco chairman was speaking during the Sacco’s Annual General Meeting at ACK Cathedral Hall in…

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