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EDITORIAL

Dear Readers! EDITORIAL BOARD
Welcome to this quarter’s edition of the SACCO Star magazine. It
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we trust that you have been more enlightened as you read.
3NRS@QSTRN?VDG@UD@MHMCDOSG@M@KXSHB@KRSNQXNMSGD George Magutu – National Chairman - Central
International Financial Reporting Standard (IFRS-9) by which
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1D@CNMSN David Langat – National Vice Chairman - Rift Valley
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We also bring you in-depth stories of laws facing the sector Benson Milai – Nairobi
including why SACCOs are opposed to the Statute Law
(Miscellaneous Amendments) (No.2) Bill, 2018 and the SACCO David Ogega – Nyanza
Societies Deposit Levy (Amendment) Order, 2018.
Are you a farmer who is a SACCO member and is tired of over- Alfred Mlolwa – Coast
relying on rain? Read on for details on how to practice smart
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J.K Mwangi – Deputy Commissioner for Co-operatives
Get the latest information on various SACCOs and exhale with an
ordeal from Mr Thuku. For this and more, do turn the pages and Wilfred Aima – Nairobi
enjoy your reading!
Isaac Sheunda – Western
Linda Karimi
Peter Karemanu – Eastern
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David Moyia – Western

David Mategwa – Nairobi

John Sigei – Nairobi

Peter Manga – Eastern

John K. Munyaka – Central

Philip Rirei – Rift Valley

MANAGING DIRECTOR
George Ototo, MBS, ICUDE

LETTERS TO THE EDITOR MANAGEMENT TEAM
Kenneth Kimaiyo
INSPIRED BY BONANZA STORY Rachel Wafula
James Ole Nkiti
I loved reading the magazine. The story on Bonanza George Owino
school, the diary of a man who once ran the union and Julius Owino
the block chain article were very interesting. Are these Linda Karimi
articles available online? I found them inspirational Grace Muiruri
and won’t mind sharing the links on social media. I Gladys Lusweti
would also be interested with previous articles that I Rose Ngaruiya
may have missed. Please write more on IFRS-9 . Samson Kibii
Moses Ngunjiri, Waumini SACCO Elijah Mulwa
Mercy Njeru, HSC
Dear Ngunjiri,
We are pleased to hear that you enjoyed our last issue! EDITOR
The magazine is available online on the KUSCCO website. Kindly Lillian Kiarie
provide us with your details so we can have you subscribe to the
magazine and ensure you never miss out on a hard copy. Photography
We heard you! This issue extensively covers the issue of IFRS-9. Gabriel Oniang’o
Flip through.. Thanks!
To Subscribe & Advertise with the
SACCO Star Magazine Contact our marketers:

Gabriel Oniang’o – 0714739833
Ronald Ambooka – 0721216448
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KUSCCO EVENTS or

I came across the calendar of events by KUSCCO’s Upper Hill Kilimanjaro Avenue,
Education and Training department and have been P. O. Box 28403 - 00200, City Square, Nairobi.
able to attend several impactful sessions. I no 3DK

longer frown on missing out on industry events. #HQDBS+HMD
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Keep us posted on industry events for instance the Email: SACCOstar@kuscco.com
launch of the Kilimo product that recently took Website: www.kuscco.com
place. In addition, I enjoyed the diary of a man
who once ran the union, I would like to see his ELeDtItTeOrsR’sSeDntIStCoLEAdIiMtoErRmay be edited for
escapades turned into a book! space, clarity & consistency of style.

Justus Odour, Homabay. To contribute and share your feedback,
contact: liliankiarie@kuscco.com

Lillian Kiarie - Editor

SACCO Star Magazine |3