A worker plucking tea at a farm-Photo|Courtesy
Government moves to raise tea earnings for Kisii farmers
Kisii tea farmers could soon earn more as government moves to crack down on tea hawking. Farmers set to get fertiliser at Ksh2,500 as government targets lower production costs. Nyamache Tea Factory seeks Ksh250 million upgrade as thousands of new tea seedlings are lined up. The government has announced measures aimed at improving returns for…
Chairman Special Economic Zones Authority Fred Muteti speaking at Kalawa market in
Makueni county during women empowerment initiative. Photo/Lydia Ngoolo.
Women empowerment eases shylock stress, SEZA chair says
SEZA Chairman Fred Muteti says women empowerment is reducing reliance on shylocks. He urged women to continue saving through chamas and table banking. The initiative supports women’s access to finance, markets and sustainable livelihoods. As the government continues empowering women through the women economic empowerment initiative, chairman Special Economic Zones Authority (SEZA) Fred Muteti has…
Women Enterprise Fund CEO Rachael Musyoki (Center), Kilifi County Deputy Governor Florah Mbetsa Chibule, Kilifi North MP Owen Baya (Right) accompanied by women group members holding a dummy cheque during the WEF women empowerment function at Makone grounds in Kilifi County.-Photo courtesy
WEF seeks more funding for women’s SME loans
WEF wants more government funding as demand for women’s SME loans rises. Ksh 41.2 million was disbursed to 200 women’s groups in Kilifi. WEF cut its maximum loan limit from Sh1 million to Ksh750,000 due to rising demand. Women Enterprise Fund (WEF) is pushing for a bigger government allocation after seeing a sharp rise in…
Kenya Police Sacco officials pose for a photo with the Gambian delegation.-Photo courtesy
Kenya National Police Sacco hosts a delegation from The Gambia
Kenya National Police DT Sacco hosted a Gambian delegation for a knowledge sharing visit. The delegation exchanged insights on Sacco operations and cooperative development. The engagement seeks to strengthen cooperation and financial services across Africa Kenya National Police DT SACCO hosted a delegation from The Gambia for a Learn and Share engagement aimed at exchanging…
Stima Sacco hosts children for work week visit
Stima Sacco Society Limited opened its workplace to employees’ children as part of its Bring Your Child to Work Week, giving young visitors an opportunity to learn about careers and the financial services sector. The initiative allowed the children to interact with different teams at Stima Sacco, learn about the work their parents do and…
Tai Sacco hosts Yetu Sacco for ICT benchmarking
Tai Sacco hosted Yetu Sacco for a benchmarking visit on ICT and call centre operations. The Saccos exchanged ideas on technology, customer service and operational efficiency. The engagement highlights growing investment in digital services across the Sacco sector. Tai Sacco Society Limited hosted a benchmarking team from Yetu Sacco Society Limited to exchange insights on…
Why Saccos must protect the statutory reserve
Xavier Lugaga urges members to prioritise long term wealth over short term spending. He says statutory reserves are key to strong and resilient Saccos. Lugaga calls on members to protect cooperative wealth for future generations There is a powerful biblical warning that should resonate deeply with every member of Kenya’s cooperative movement: do not sell…
Meru governor Isaac Mutuma.- Photo courtesy
Mutuma grants Gakoromone traders relocation site
Governor Mutuma agrees to assess an alternative relocation site. Traders had rejected the proposed site over suitability concerns. The Ksh1.2 billion market will serve more than 3,000 traders. Gakoromone fresh produce traders in Meru town have reason to smile after Governor Isaac Mutuma agreed to their request for a new relocation site ahead of the…
Sacco CEOs weigh in on mergers, education and defaults
Sacco CEOs say mergers can strengthen smaller societies, improve technology investment and boost competitiveness without compromising Co-operative values. They emphasise member education as key to better financial planning, responsible borrowing and stronger governance. CEOs support firm but fair loan recovery measures to protect members’ savings and maintain financial stability. For years, debate on Kenya’s Saccos…
KTDA secures 99,000 tonnes of fertiliser for tea farmers
KTDA has procured 99,000 tonnes of fertiliser for more than 600,000 tea farmers, with delivery expected next month. The fertiliser will be distributed immediately upon arrival following shipment delays. KTDA is also diversifying tea markets and strengthening accountability amid ongoing investigations into an alleged Ksh322.5 million payment. The Kenya Tea Development Authority (KTDA) has procured…
