As the era of fake news continues to unfold, Saccos have found themselves in precarious positions. In various social media platforms, some members have perfected the art of posting false alarms warning their counterparts of possible collapse of certain societies and urge them to withdraw their savings. This trend has been very costly within the movement. Once the fears are ...

By Washington Okellah Fish traders from Port Victoria town in Budalangi constituency, Busia County have been urged to form SACCOS to access development loans. Speaking after launching a 14 seater Nissan van bought by Maningo SACCO members, Budalangi MP Raphael Wanjala said SACCOS are the bridges that lead to instant wealth. He lauded the Sacco leadership led by Samson Nyadimo ...

By Kiprono Moi Use of modern technology will boost farmers’ activities and improve on their income. This was the overriding message during the 10th Agribusiness Expo organized by Rift Valley Institute of Science and Technology (RVIST). The two-day exhibition was characterized by new technological innovations and attracted thousands of participants eager to learn new farming methods through use of technology. ...

I have keenly been following events in the Co-operative Movement for the last one decade and there is one question that has been bothering me; has rebranding of Saccos really been a gain or a double-edged sword for the industry? Most problems affecting many Saccos currently have pointed to the change of names and the expansion of membership beyond their ...

By John Majau When Miraa farming was started in early 1940s in Nyambene region, Meru County, women were totally prohibited from consuming and selling of the lucrative khat that first originated from Harare in Ethiopia in the 11th century before spreading to Kenya in 14th century. But things have changed as women have taken over the business. According to Nyambene Miraa Traders ...

By Erick Nyayiera Kisumu County has outlined strategic measures to improve the performance of the Saccos. County Ushirika Council chairman Edward Matoke noted that they are working towards streamlining leadership of the potential cooperative societies including the merger of the small and unviable co-operatives. “We have numerous small uneconomical co-operative societies which must be merged so that they can be ...

By Benedicto Ng’etich     Savings and Credit Co-operative Societies in Kericho County have been challenged to form a local bank. Kericho Deputy Governor Susan Kikwai noted that Saccos in the county and the neighbouring Bomet County are well-established and stable to form a strong financial institution. She was speaking during the 97th International Cooperative Day celebrations held at the Kericho Primary ...

By Dennis Bett Farmers from the North Rift region have welcomed President Uhuru Kenyatta’s order to revamp the Kenya Farmers Association (KFA). The KFA Director, Kipkorir Menjo, accompanied by other farmers’ representatives, Jackson Chemweno and Joseph Tanui, said the President’s order was long overdue. Menjo said farmers representatives from Uasin Gishu County will be travelling to Nairobi to meet the ...

By Rosemil Oduor A member of the Kenyan Union of Savings and Credit Cooperatives (KUSCCO) Sylvester Kadzola received a Distinguished Service Award (DSA) for his exemplary service to the international credit union movement. He was presented with the honour during World Council of Credit Unions conference in The Bahamas. According to WOCCU Kadzola sat on the World Council Board of ...

By Rosemil Oduor Maureen Njoroge is among the five credit union professionals from four different countries awarded scholarship by the World Council of Young Credit Union Professionals (WYCUP). The scholarship includes an all-expense paid trip to Los Angeles for the 2020 World Credit Union Conference. The WYCUP Scholarship programme is open to nominees who are 35 or younger and have made ...