Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
Stakeholders in the cooperative movement aired the major challenges facing the movement to Cooperatives & MSMEs CS Simon Chelugui and PS Patrick Kilemi. National Cooperative Housing Union (NACHU) National Chairman Francis Kamande lamented about the few housing units in the country. He revealed that Kenyan urban centres need about 2,500,000 housing units but there are…
President William Ruto has lauded the unique nature of the cooperative business model of aggregating human and capital resources for informing his administration’s economic transformation agenda. The president revealed that since Saccos focus on uplifting Kenyans at the bottom of the economic pyramid, his administration decided to use them to help in economic transformation. He…
Uasin Gishu governor Jonathan Bii has promised to increase the Cooperative fund through a hustler kitty, a move that echoes the national government’s bottom up economics. He said this will ensure that many people who are in groups benefit. “As a county, we have a standalone Cooperative ministry and my government will increase money allocated…
Nairobi county Governor Johnson Sakaja has said his administration is currently reviewing the County Cooperative Act to incorporate a hustler Sacco that will bring on board all small scale traders in Nairobi. “We are reviewing our policy so that we can have the first hustler Sacco in Nairobi County so that small scale traders, hawkers and hustlers can…
Safaricom Sacco has signed a memorandum of understanding with Centum Real Estate, a move that seeks to enable the Sacco members buy residential homes in Nairobi, Kilifi, and Entebbe, Uganda. Through the MoU, sacco members will be financed to acquire all properties under development by Centum RE at a lower price than the market rate….
Early every Wednesday morning, livestock and people flock Souk Hoola livestock market in Garissa. The livestock are very healthy and are sold at very high prices, contrary to media information that livestock prices have dropped to rock bottom due to the biting drought. The market is a beehive of activity. Most traders are either selling…
Yetu Sacco is gearing up to launch a new branch in Chuka town, in a move meant to bring services closer to members.The new branch, which will be launched on June 19, 2023, will bring the total number of branches to eight.Speaking during the Society’s 31st Annual General Meeting (AGM), Sacco Board Chairman Mark Gitonga…
Tharaka Nithi governor Muthomi Njuki has urged the youth to embrace coffee farming since it is more profitable than white collar jobs. Speaking during the closing ceremony of the three day Coffee Reforms Conference at Three Steers Hotel in Meru town, the governor urged the youth to stop wasting valuable time in search of white collar…
The Coffee Brewers Bar through their CEO John Muli has assured coffee buyers of quality coffee from Machakos county and urged them to sample coffee from the region. Speaking during the Agricultural Society of Kenya South Eastern Kenya National Show exhibition held in Machakos, Muli argued that coffee from Tala and Kangundo areas in Machakos…
Many Saccos countrywide are using publicity campaigns to net in more members which consequently increases their share capital and liquidity. The Saccos adopt big marketing budgets as a move towards making them more popular among their target market. Adopted publicity materials are creative, attractive and direct since they are tailored to reach and entice specific…
