Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
The urge to splurge out cash on secondary needs is slowly driving the youth away from saving. Savings are considered critical funding sources, which enable governments, institutions and individuals undertake investment projects. Harrison Song’e, the chief executive of Airports Sacco regrets that the younger generation is mostly driven by spending more than savings. This, he…
ODM nominated MP for Youth Umulkheir Harun has urged boda boda riders to form Saccos to empower them to greater socio-economic heights. Speaking during the end of a three month long drive to register boda boda operators in Garissa Township, Harun called on national leaders and public institutions to empower the riders who are key…
By John Majau Tharaka-Nithi Deputy Governor Francis Kagwima has urged the youth in the area to form or join registered groups in order to benefit financially from the Government and donor funding. He said only registered youth groups will benefit from donor, national and county governments funding. Speaking to leaders at Ntunyai market, Kagwima said…
By Martin Ruto Pokot Youth Bunge Organisation has made great strides in supporting education in West Pokot County. The organisation started its programme through piloting two zones in the county which include Kishaunet zone and Chemwochoi zone. The major aim of the Pokot Youth Bunge Organisation is to supply primary schools with learning and teaching…
By Our Reporter Saccos are among financial institutions that have defaulted on repayment of Youth Enterprise Development Funds (YEDF). National Assembly Special Funds Accounts committee led by South Imenti MP Kathuri Murungi has directed the fund’s CEO Josiah Moriasi to recover all the interests, penalties and full principal amounts. Appearing before the committee Moriasi said…
By Joseph Kamiri Kenya has undergone various changes since independence among them a growing population estimated at more than 45 million citizens today from a population of about eight million in the early 1960s. Based on the latest UN estimates, the country’s youth population is made up of around 10 million people, which is more…
By Tsozungu Kombe. Some 12 new Saccos in Taita Taveta County have been registered by the Ministry of Co-operative Development. Acting Taita Taveta County Cooperative Commissioner Erastus Gonzi said the new Saccos belong to the youth. He revealed that although only 12 new Saccos have been registered in the area, there was still room for…
By Our Reporter The youth in Malindi Sub County in Kilifi County recently received Sh5.9 million from Uwezo Fund to boost their businesses. Malindi Sub-county Youth Development Officer Juma Mtana said that the funds have been distributed to 66 youth groups in the sub-county. He said the funds received in March this year were distributed…
By Kamundia Muriithi Nawiri Sacco Society Limited has unveiled an array of innovative products and services meant to promote the financial wellbeing of members. The Sacco has several products targeting the youth to enable them save and access affordable loans. It also has several technologically driven services. The Sacco which is headquartered in Embu town…
By John Majau Meru leaders have called on women and youth in the county to enroll in organized and registered groups before applying for government and donor funding. Meru County governor Kiraitu Murungi and Public Service, Gender and Youth Cabinet Secretary Prof Margaret Kobia, said only women and youth who are in such groups will…
