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Industry players call for co-ops ministry

By Malachi Motano Co-operatives industry players have the government to create a standalone ministry for the cooperatives sector was the case in previous years. Among them is the chairman of…

Covid-19 disrupts Mombasa county Saccos

By Tsozungu Kombe The department of cooperatives in Mombasa County will develop a recovery strategy to help Saccos recover from effects of the Covid-19 pandemic. Saccos in the region are…

Government to borrow Ksh.1.5T in loans

By Malachi Motano The Government is set to borrow at least Ksh.1.5 trillion in the new financial year which will commence in According to final budget estimates tabled in Parliament…

State wont revive Musco-PS

By Malachi Motano The government has ruled out revival of one time vibrant Moi University Savings and Credit Society (Musco). According to the Co-operatives Development Principal Secretary Noor Ismail, all signs were…

Sirisia residents urged to invest in Saccos

By Malachi Motano Members of Sirisia Sub County have been urged to invest their money in Co-operative Sacco’s to boost their lives economically. According to Kikai Rural Sacco Director Mr.…

KICOTEC to dress Kitui Matatu crew

By Malachi Motano Kitui County Textile Centre (KICOTEC) will supply uniforms to all matatu crews operating along the Kitui – Nairobi route. The Passenger Service Vehicles (PSVs) Sacco for Matatus…

Virtual AGM with diaspora members

  By Malachi Motano Kimisitu Sacco’s 2021 virtual Annual General Meeting (AGM) conducted in Nairobi attracted participation from 28 countries around the globe.  A member calling all the way from…

Mwaka leaves SASRA after major reforms

By Malachi Motano The Sacco Societies Regulatory Authority (SASRA) Board has appointed Peter Njuguna as the acting Chief Executive Officer following the exit of John Mwaka after the expiry of…

How Saccos rewarded member dividends

By Malachi Motano Most Saccos rewarded members with favourable dividends in the 2019-2020 financial year despite the challenges posed by the Covd-19 pandemic. The Giant Mwalimu National Sacco (MNS) paid…

Tea factory directors vow to boycott elections

By Kamundia Muriithi Eighteen board members serving on tea factory boards in Embu County have threatened to boycott the forthcoming elections for directors of three tea factories. They have vowed…