Kitui County ,B2 Yatta Ranching Cooperative Society sign MoU to unlock economic potential
The County Government of Kitui, led by Governor Dr. Julius Malombe, has signed a Memorandum of Understanding (MoU) with the B2 Yatta Ranching Cooperative Society Limited. The MoU was officially signed on Thursday, April 10, during a well-attended public ceremony that took place at the Governor’s Office Block Grounds in Kitui County. In an event…
Murang'a Farmers Co-operative Union Chairman Francis Ngone and CEO Irene Kabochi during the meeting. /photo by Kamau Njoroge
Coffee Cooperatives tell Govt to focus on raising production, reject farmers’ direct payment plan
Coffee Cooperatives have urged the Government to focus on supporting farmers through their respective cooperative societies or unions to increase coffee production in the country. They argue that focus should be primarily on ensuring farmers have access to subsidized fertilizer, other farm inputs including chemicals and quality seedlings noting that this will put Kenya in…
Kwale farmers embrace forest cover restoration with eyes on carbon credit funds
A section of farmers in three Sub Counties of Kinango, Lunga Lunga and Shimba in Kwale County have started embracing forest cover restoration with eyes on carbon credit funds. Through the Restore Africa program that is implemented by several stakeholders including the Kwale County government and World Vision, more than 20,000 families have already been…
From left: Erastus Muthura, Absa Bank Kenya Head of SME Banking, Elizabeth Wasunna-Ochwa, Absa Bank Kenya Business Banking Director, Mary Ellen Iskenderian, CEO, Women’s World Banking (WWB) and Elizabeth Gathai, Regional Head of Africa, WWB, during the signing of an MOU between Absa Bank Kenya and WWB/photo courtesy.
Women-led SMEs boosted through Absa Bank, Women’s World Banking partnership
Women entrepreneurs across Kenya is set to benefit from Absa bank and Women’s World Banking partnership which aims at deepening their financial inclusion and promoting economic empowerment. This partnership was signed on the sidelines of the Women’s World Banking partners’ breakfast held in Nairobi. It will focus on enhancing Absa’s Women in Business (WIB) proposition…
From Left: Wakandi Group CEO Espen Kvelland, Norway’s Ambassador to Kenya Gunnar Holm, Shehryar Ali, Mastercard’s Senior Vice President for East Africa during the launch capital raise/photo courtesy.
fintech firm targets Ksh.6.5 billion capital raise to boost SACCO digitization in Kenya, Africa
Norwegian fintech firm Wakandi has launched to raise a capital of Ksh6.5 billion to fast-track the digitization of Savings and Credit Cooperatives (SACCOS) and cooperatives across Africa, with Kenya at the heart of its expansion strategy. Speaking in Nairobi during the signing of a partnership between Wakandi and Mastercard East Africa, Wakandi Group CEO Espen…
KUSCCO announces phase 1 auctioning of properties to recover Ksh 13billion lost funds
Kenya National Union of Savings and Credit Co-operatives (KUSCCO) has started auctioning houses and land of members who defaulted on mortgages after it was hit by a management scandal. The Sacco umbrella body seeks to cut losses occasioned by years of alleged mismanagement that saw its members lose Ksh 13 billion. Investors and home buyers…
KRA Board Chairman Nderitu Murithi/photo by Fredrick Odiero.
KRA mulls tax review on cane by-products to curb smuggling from EAC neighbor
The Kenya Revenue Authority (KRA) is contemplating a comprehensive review of taxes imposed on sugarcane by-products to curb smuggling from the neighboring East African Community (EAC) partner states. This follows concerns from players in the sector over rising cases of smuggling of molasses, ethanol and alcoholic beverages through the porous borders with the neighboring countries….
Meru potato farmers reap big from Korean backed modern farming initiative
Potato farmers in Meru County have a reason to smile after realizing significant improvements in their crop yields and income courtesy of a long-term training initiative spearheaded by the Korea Program for International Agriculture (KOPIA) in collaboration with the Meru County Government. The program, which has been running for several years, aims to strengthen food…
Saccos in Mombasa urged to exercise good leadership, governance to boost operations
Saccos in Mombasa County have been urged to exercise a high degree of good leadership and good governance for effective operations. Speaking to Sacco Review in Mombasa Township recently, Mombasa county Cooperative director, Nelson Nyoro said that good leadership and good governance will retain members in the Saccos. He warned that bad leadership and bad…
Jumuisha Sacco chairperson Everline Otieno (in the middle)/phot by Erick Nyayiera.
Jumuisha Sacco records remarkable achievement, growth amid challenges
Jumuisha Sacco Society Limited in Bondo and Rarieda sub counties have witnessed remarkable achievement and growth amidst glaring challenges of the tough past year (2024). Sacco chairperson Everline Otieno speaking during the 25th AGM in Bondo town disclosed that the society has been resilient to weather the numerous trials and strived to offer the best services…
