Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
By Roy Hezron The Co-operative Sector Baseline Survey report released recently revealed that Nairobi County has the highest number of dormant co-operative societies in the country. A total of 5,723 co-operatives were found to be dormant with Nairobi having1,459, while Mombasa and Kisumu had 425 and 417 dormant co-operatives. The counties with the least number…
By Malachi Motano The deposit taking savings and credit cooperatives societies (DT-Saccos) remained on the growth track despite the harsh economic time in 2020 that resulted from the outbreak of Covid-19 pandemic. The Saccos managed to post an average of 12 per cent growth on their assets, loans and deposits. John Mwaka, the chief executive…
