SACCOs
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Cooperatives & Communities
Need a house? Try cooperative societies
Housing is one of the essential needs of man. But because the mortgage sub-sector is not virile, building a house can take a decade or two for some while for others, it…
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Cooperatives & Communities
She Is A Millionaire From Selling Eggs, A Humbling Testimony
Jeanne Nyirankurunziza, a mother of four in her forties, runs a poultry farm with over 700 chickens, some village in Gasabo District, an outskirt in Kigali City. She also rears cows and…
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Cooperatives & Communities
President urged to assent to Cooperative Amendment Bill 2016 as nation gears-up for International Coop Day
KAMPALA, Uganda: This year’s Cooperative Week Celebrations have been launched with a call for immediate assenting to the Cooperative Amendment Bill 2016 by the President. The week long event was launched by…
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Cooperatives & Communities
International Cooperative Alliance and International Labour Organization reaffirm commitment to inclusive, sustainable development through co-ops
The International Cooperative Alliance (ICA) and the International Labour Organization (ILO) reaffirmed their century-long friendship and commitment to elevating cooperative enterprise by signing a new Memorandum of Understanding on Monday. The document states…
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East Africa
New rules to protect Kenyan SACCO members
Kenya is working on new rules to tame deposit-taking SACCOs (DT-SACCOs) that fleece members through inflated charges, delays in reimbursement of deposits, and “reckless” lending and debt collection. This comes amid concerns…
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East Africa
Transport Paralyzed As Kangema Matatu SACCOs Strike
Commuters using Kangema-Murang’a town road were on Monday left stranded after local matatu SACCOs staged a demonstration. Four SACCOs which ply the road were protesting what they termed as intrusion of their…
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East Africa
City Hall freezes licensing of new matatu saccos in the CBD
Nairobi County government has frozen approval of new matatu saccos to operate in the city centre in a move aimed at decongesting the capital city. The county government wrote to the National…
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Cooperatives & Communities
This is why SACCO loans are more preferable than bank loans
If you’re keen enough you must have noticed that today more and more banks are pledging to lend cheaply to borrowers. This has seen Kenyans turn to SACCOs, with the proportion of…
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