Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
Machakos County Finance Executive Member Onesmus Kuyu has refuted claims that Matatu Sacco members have been collecting revenue for onward transmission to the County Treasury contrary to regulations. The claims were made by Mua Ward MCA Mr. Francis Ngunga while contributing to a motion on the floor of the County Assembly on Tuesday. Mr. Kuyu,…
Management committees running various coffee cooperative societies in Ukambani region have been cautioned against mismanagement and embezzlement of farmers’ money from the coffee proceeds. Cooperative CS Wycliffe Oparaya said on Thursday that the rampant reports of numerous cooperative societies in the constituency sinking into huge debts from financial institutions were worrying. The CS who addressed…
Machakos County Finance Executive Member, Onesmus Kuyu, has refuted claims that Matatu Sacco members have been collecting revenue for onward transmission to the County treasury in violation of regulations. The claims were made by Mua Ward MCA, Mr. Francis Ngunga, while contributing to a motion on the floor of the County Assembly on Tuesday. Mr….
Nairobi City County Government has announced plans to upscale enrollment of members of Cooperatives and Savings and Credit Cooperative Organizations (SACCOS) in to the Social Health Authority (SHA) program. This strategic move is designed to boost health coverage for the city’s informal sector, which plays a pivotal role in Kenya’s economy. During a capacity building…
Traders in Machakos Town on Monday morning breathed a sigh of relief after Governor Wavinya Ndeti intervened to stop the demolition of their shops which was already underway near Machakos Level 5 hospital. Some of the traders said they had recently secured loans from their SACCOS to restock their shops in readiness for the peak…
Four farmers’ co-operative societies in Machakos have a reason to smile after the County government through the Emergency Locusts Response Fund (ELRF) gave them a grant meant to improve marketing of their farm produce in a bid to compensate them after the recent locust invasion. The societies each received a grant of Ksh500, 000 through…
Management committees running the various coffee cooperative societies in Machakos County, have been cautioned against mismanagement and plunder of farmers’ cash from the coffee proceeds. Machakos Deputy Governor Francis Mwangangi said on Friday, May 24, that the rampant reports of numerous cooperative societies in the county sinking into huge debts from financial institutions were worrying….
Safaricom Investment Co-operative, in a move to expand its footprints across the country, has launched its 158th land project in Eldoret project. The 30- acre project dubbed ‘Adelaide Creek’ consists of quarter-acre projects priced at KSh2.5 million with amenities such as graded murram roads, a chain-like fence, and readily available electricity and water connections. SIC,…
A Mlolongo-based boda boda Sacco has received KSh1 million from Machakos Governor Wavinya Ndeti to increase their investment. Samsa Boda Boda Sacco received the cheque at the Liberty Grounds in Mlolongo on February 24, 2024 during a public participation forum on the 2024/2025 Fiscal Strategy Plan. The jubilant riders welcomed Governor Wavinya and her entourage…
Machakos Governor Wavinya Ndeti has appealed to the government to waive a Ksh603 million debt owed by coffee cooperative societies in the county. Governor Ndeti, who hosted the Cooperatives and MSMEs Cabinet Secretary (CS) Simon Chelugui during the launch of the Coffee Cherry Advance Revolving Fund in Kangundo on Tuesday, said that farmers in the…
