Co-operatives and Micro, Small and Medium Enterprises (MSMEs) Development CS Wycliffe Oparanya. Photo/courtesy
Oparanya urges small traders to join Saccos for affordable credit
Oparanya urges small traders to join Saccos for affordable loans. CS warns against risks of informal savings groups and lenders. Traders are also encouraged to embrace digital financial services. Cabinet Secretary for Cooperatives and Micro, Small and Medium Enterprises (MSMEs), Wycliffe Oparanya, has urged small business owners to join Savings and Credit Cooperative Organisations (Saccos)…
Angry KUSCCO members blame Government for lost billions
KUSCCO members accuse the Government of failing to recover billions in lost funds. An audit found the union insolvent, with liabilities far exceeding its assets. Nearly 300 court cases are piling pressure on KUSCCO as recovery efforts stall. Enraged members of the Kenya Union of Savings and Credit Co-operatives (KUSCCO) have accused the Government of…
Governor Simon kachapin and Dr.David Kios led a dream team for Nasukuta Abattoir./ courtesy
Nasukuta Abattoir gets fresh push from Office of the President delegation
Nasukuta Abattoir gets a fresh push after years of delays. West Pokot eyes feedlots to boost livestock supply and quality. Private investment could turn the facility into a major meat hub. A high-level delegation from the Office of the President, led by Dr. David Kios, Advisor on Livestock, has undertaken a technical assessment of the…
AfDB headquarter in Abidjan, Côte d'Ivoire./ Courtesy
BDO India, EACREEE win AfDB deal for KTDA energy study
AfDB awards a clean energy feasibility study contract for KTDA facilities. The six month study will assess viable renewable energy options. BDO India and EACREEE won the contract through competitive bidding. The African Development Bank (AfDB) has awarded a consultancy contract to BDO India Services Private Limited, working in consortium with the East Africa Centre…
Traders scrambling to save their goods from burning in Marurui./ Courtesy
Fire razes Ruiru Bypass stalls, traders left counting losses
Ruiru Bypass traders count losses after a night fire destroyed stalls and goods. Residents helped fight the blaze as only one fire engine was reported at the scene. No deaths or injuries were reported, as the fire’s cause remains unknown. Business owners at Ruiru Bypass stage in Kiambu County woke up to devastation on Wednesday,…
Nairobi Coffee Exchange sale 38 nets Sh783.02m total
Coffee growers earned a combined USD 6.05 million in Sale 38 at the Nairobi Coffee Exchange. AB dominated volumes, while AA fetched the highest average price among major grades. New KPCU led marketing agents, handling nearly a third of the coffee sold. Kenyan coffee growers pocketed a combined USD 6.05 million after Sale 38 of…
An aeroplane spraying a tea plantation in Nandi Hills with some pesticides
Nandi Hills parents raise alarm over aerial fertiliser fumes
Nandi Hills parents link learners’ respiratory illnesses to aerial fertiliser spraying. They want health and environmental authorities to investigate the claims. Parents are calling for safer spraying practices near schools and homes. A group of concerned parents in Nandi Hills Town has raised alarm over what they claim is an increase in respiratory infections among…
Former Kenya Airways Acting Group Managing Director and Chief Executive Officer Capt. George Kamal./ Courtesy
Kenya Airways acting CEO George Kamal resigns after eight months
George Kamal resigns after just over eight months as Kenya Airways acting CEO. His exit comes as the airline battles mounting financial pressure. A new acting CEO will steer the carrier as it searches for a permanent replacement. Kenya Airways Acting Group Managing Director and Chief Executive Officer Capt. George Kamal has resigned, ending a…
Fred Sitati, Consultant in the Co-operative Movement
What stands in the way for self regulation in the cooperative sector?
Self regulation could give cooperatives greater flexibility to compete and innovate. Weak leadership and reliance on rigid rules remain major barriers to reform. Stronger federations and technology could help the sector embrace self regulation. The National Cooperative Policy that has since transmuted into Sessional Paper No 4 of 2020 advocates for, among other things, the…
KUSCCO staff pin hopes on new federation amid uncertainty
KUSCCO employees face an uncertain future after liquidation. Years of financial troubles have already cut the workforce sharply. Workers hope a new federation will rebuild trust and stability. The decision to dissolve the Kenya Union of Savings and Credit Co-operatives (KUSCCO) has also cast a shadow over its employees, many of whom are reportedly distressed…
