Outlook for Co-op industry in 2020

By Jackson Okoth Economists are already projecting tougher times for Kenya’s economy this year. But even with grim prospects and gloomy statistics, the resilient Co-operative industry is putting on a brave face. Latest figures from Sacco Societies Regulatory Authority (SASRA) databases indicate that Kenya’s Sacco Sub-sector holds total assets worth more than Sh 442.3 billion…

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Cooperative University praised for enhancing Sacco sector

The Ministry of Cooperatives and MSMEs Development Cabinet Secretary, Simon Chelugui, has highlighted the important role played by the Cooperative University of Kenya (CUK) in enhancing professionalism within the cooperative movement. According to him, the university’s contribution in equipping and training the workforce in the cooperative sector is crucial for the sustainability of Saccos. “As…

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Stanbic Bank, County partner to train VTC instructors on digital skills

Stanbic Bank has partnered with the County government of Taita Taveta to provide a one-week digital skills training to Vocational Training instructors, and Micro, Small and Medium Enterprises (MSMEs) entrepreneurs on the use of online platforms to grow their businesses. Speaking at Mwanjila Vocational Training Center (VTC) in Bura on Friday after receiving 10 desktop…

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KCC set to design new Strategic Plan despite imminent sale

Despite facing an imminent sale, New Kenya Cooperative Creameries (KCC) remains steadfast in its pursuit of launching a new Strategic Plan. Cabinet Secretary for Cooperatives and MSMEs Development, Simon Chelugui, joined New KCC’s Board of Directors in Naivasha on November 30 to contribute to the development of the Plan. He emphasized the significance of the…

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Alex Chamwada proud to catalyze growth of Cooperative movement

Alex Chamwada, the Founder and Chief Executive Officer (CEO) of Chams Media, a communication consultancy firm specializing in content creation, has expressed pride for contributing to the growth of the cooperative movement. The media personality, who worked with several national TV stations before debuting his renowned programme – ‘Daring Abroad’ – made the remarks while…

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Housing Director urges Kenyans to support affordable Govt’s housing programme

National Housing Corporation (NHC) Director Joshua Nyamori has asked Kenyans to support the Affordable Housing Programme aimed at providing affordable housing. The Director, who is also a Lawyer, said that the programme aims to ensure low-income earners have access to decent housing. Nyamori, who was speaking in Kisumu during a housing exhibition, he observed that…

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