3 minute read
Mombasa Port Sacco Assures Members of Prosperity
Despite the Covid-19 Effects
Mombasa Port CEO, Dedan Ondiek during his speach to delegates and guests present during the SDM.
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By Anthony Mwachiro
Mombasa Port Sacco management, is optimistic that the Society, will maintain its top performance, amid the Covid 19 pandemic’s impact on the economy. Addressing delegates during their Special Delegates Meeting (SDM), held at Bandari Maritime Academy, in
Mombasa, the Board Chairperson, Mr. million shillings for marketing
Alfred Konde noted that the Society, was able to remain afloat despite the pandemic.
Mombasa Port Sacco Chairperson, Alfred Konde shares a point with his deputy Mr. Philip Omwalo during the SDM at Bandari Maritime Academy.
“The total revenue as at August, 2020 was Kshs 551.8 million compared to our budget of Kshs 648.8 million, thus missing the target by 15%. This is a positive performance for our
Sacco, regardless of the adverse effects, spelled by Covid 19 challenge to bring in at least
pandemic.” Noted Mr Konde.
During the event, delegates approved their budget, with income projection at Kshs 1.1 billion, for the year 2021, with the board confident in ensuring that the Society Mombasa Port Sacco Hon. Secretary Susan Ayoyi, meets its target, despite
addressing delegates during the SDM on 3rd
the impact of the pandemic, that has affected the entire world economically. Mombasa Port Sacco management, assured their members of their commitment, aimed at ensuring members’ safety, as they patronized their products and services.
According to the 2021 budget, Mombasa Port Sacco, has dedicated about Kshs 25 the society, at different levels to increase membership. In reiteration, the Chairperson, called for members, to take an active role in growing the Sacco’s membership.
“If each member can take the
october 2020.
one member, we would double the number to about 20,000 members.” Said Mr. Konde. On technology, he noted that plans were at an advanced stage, to have a member’s portal at the Society’s website, to enable
Mombasa county director of cooperatives Nelson Nyoro addressing delegates and MPS management during their SDM.
Mombasa Port Sacco CEO Dedan Ondiek listening to a delegate’s view during their SDM.
members access services, without visiting the office.
In a statement, the management emphasized the need to change the way of doing business, as a result of the Covid 19 pandemic, as well as adopt to what the new normal called for, in order to achieve success.
“We will adhere to the stipulated health guidelines, during these hard times, as its evident Covid- 19 is here to stay.” He added. Members are however requested, to continually change their mindset, to investing in technology
prudent financial management, in order to achieve positive changes in their wellbeing.
The Sacco has set aside Kshs 25.8 million, aimed at improving technology, for efficiency, while Kshs 24 million, has also been allocated to education and
The management insists on the need to invest heavily, in members’ trainings, with the objective of providing required skills, to enable them to
Mombasa County Co-operative Director, Mr. Nelson Nyoro, who was the Chief guest at the SDM lauded the Sacco for impressive performance despite the pandemic.
“It’s encouraging to see that you are very dedicated in ensuring that the Sacco maintains positive growth, despite the challenging business environment, which has resulted to loss of employment, hence affecting the Co-operative movement.” Noted Mr. Nyoro.
The Co-operative director called for the co-operative movement, to continue training.
and education to members, as the only tool to enable the societies realize their target.