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

Kisumu County to enact bills to streamline management of market operations

Sacco ReviewNovember 25, 2025November 27, 202506 mins

Kisumu County government is in the process of enacting two major legislative bills to help in streamlining of business activities in the Kibuye Wholesale and Retail markets and other markets in the city. The legislation is also aimed at restoring sanity, law, and order at the troubled Kibuye Market, following weeks of tension and unease…

Aquaculture stakeholders urge govt to convene forum on fisheries management regulations

Sacco ReviewJanuary 8, 202504 mins

Aquaculture stakeholders have urged the government to urgently convene a consultative forum to address gaps in the Fisheries Management and Development (aquaculture) Regulations 2024. This comes after the Lake Victoria Aquaculture Association (LVA) obtained conservatory orders from the High Court to temporarily halt the implementation of the new regulations which were to take effect on…

Cooperatives urged to embrace youth leadership

Sacco ReviewOctober 27, 2023October 27, 202302 mins

Uasin Gishu Chief Officer for Cooperatives and Enterprise Development Ruth Samoei has urged cooperative societies to allow young people in their management. Speaking during a visit to the Kipsonoi Dairy Cooperative Society in Bomet County, Samoei noted that most cooperatives are run by old folks and that there is a need for a paradigm shift…

Saccos turn to in-house succession for top seats

Sacco ReviewJuly 3, 2023July 3, 202308 mins

Savings and Credit Cooperative Societies (Saccos) are turning to in-house managers for succession of top seats as opposed to hiring outsiders. The change of tack aims at ensuring little or no disruption in the running of the savings societies. Cooperatives are largely viewed as very democratic institutions, with members having a big say on who…

Prudent planning for success of cooperatives

Sacco ReviewJune 27, 2023June 27, 202306 mins

Cooperatives today have become very important drivers of personal financial growth and the route to member’s economic empowerment. Since the first cooperative society was formed in Kenya and its subsequent success, both the private and public sectors embraced cooperatives as vehicles to financial breakthrough. Cooperatives must adopt the best policies, bylaws and strategies because good…

Bungoma residents advised to take up responsibilities in cooperative sector

Sacco ReviewJuly 28, 2022July 28, 202203 mins

By Bulimo Mathews Achola Bungoma County Directorate of Cooperative Societies Development has asked residents to take part in the cooperative activities across the county. Speaking to the press in his office, the director of cooperative societies Stanislaus Wambani asked people to participate actively in the running and management of the cooperative societies in the region…

Taraji Sacco members question management on loss-making key investment

Sacco ReviewAugust 18, 201804 mins

By Erick Nyayiera Members of Taraji Sacco in Siaya County are up in arms with the management over continued losses amounting to millions of shillings on a hotel investment over the last three years. The agitated members while speaking during this years’ annual general meeting held in Siaya town, accused the management over what they…

Invest in members’ education, Saccos told

Sacco ReviewJune 8, 201802 mins

By Munene Maina Saccos have been urged to follow up on their members to ensure they make proper investments from the loans they get. This will help reduce the number of loan defaulters in the sector according to James ole Nkiti, a Manager with KUSCCO. “Let the Sacco invest in members’ education and training to…

Kenya Highlands Sacco tightens grip on risk management

Sacco ReviewApril 30, 201803 mins

By Our Reporter Kenya Highlands Sacco has put in place appropriate mechanism that ensures accountability of all transactions and engagements of the society. This is in addition to tight internal control mechanism to safeguard the assets of the Sacco. “We have also enhanced risk based audit and put in place an active directory to monitor…

County policy to streamline management of co-ops

Sacco ReviewApril 30, 201803 mins

By Azael Masese Bomet County is developing a cooperative policy to address issues affecting the operations of societies in the region. County Co-operative Commissioner David Kerich said the Bill that will establish this into law is before the County Assembly. “If adopted, it will attempt to curb mismanagement of co-operatives in the region since this…