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SACCO INDUSTRY WATCH
COUNTRY’S TOP PERFORMING
CO-OPS FETED
CO-OPERATORS WORLD-WIDE CELEBRATE THE 96TH
CO-OPERATIVE DAY
By Lillian Kiarie
This year, the 96th Co-operative Day locally The day was ruled by this year’s Mohamed noted that the move aims
dubbed Ushirika Day, was held on July 7 theme, “Sustainable consumption and at aiding the societies to improve their
and saw several SACCOs rewarded for their production, creating an opportunity for liquidity.
stellar performance in the preceding year. Co-operatives to show how they run
Various SACCOs and Co-operatives were successful businesses while respecting The event was preceded by the Ushirika
feted for their exemplary performance both our natural environment and the Day Celebration Council tournament
nationally and at the County level. QDRNTQBDRHSN?DQRS
3GDRKNF@MNESGD match held at Railways Sports Club
Day “Sustainable societies through Grounds.
The national event was held at Uhuru Park cooperation” was selected by co-
with some of the top performing Societies operators from around the world. The three-day tournament incorporates
awarded at the park and during the gala Former Cabinet Secretary Ministry various sports such as volleyball, football,
night dinner held at Safari Park Hotel. of Industry, Trade and Co-operatives, basketball and netball aimed at bringing
Adan Mohamed presided over the co-operators together. This day is used to
United Nations SACCO was ranked as the event and pointed out that County bring together the countries’ co-operative
best managed SACCO countrywide. The Governments and employers owed societies, Universities, Local clubs and
Society emerged victorious after scooping SACCOs in excess of Ksh 1 billion in other Government institutions teams.
awards in various categories amongst unpaid remittances. Mohamed said the
them; Best Managed SACCO- Employer amount had accumulated over the last &DN? QDX-I@MFrNLADRDMHNQCDOTSX
-Based SACCOS, Best SACCO in Savings RHWXD@QR@MCV@R@?DBSHMFSGD@AHKHSX commissioner for Co-operative
Management Countrywide and Best in SNNODQ@SDD?DBSHUDKX
Development emphasised on the need
Savings Management Tier 1 category. for youths to start saving in order to
“The national Government will now become empowered.
Mombasa Port SACCO which last year step in to help the sub-sector recover
emerged as the top SACCO appeared in this money to enable credit unions to
second position and was closely followed LDDSSGDHQ?M@MBH@KNAKHF@SHNMRSGD
by Kenya Police SACCO. said.
SACCO Star Magazine |9
