KCB Nakuru Branch Manager Christine Keter (left) when she met County Chief Officer for Cooperatives Kurgat Kibet. Photo: courtesy

Cooperatives in Nakuru to benefit from KCB Chama APP

Kenya Commercial Bank (KCB) Nakuru Branch has developed KCB Chama App that aims to assist cooperatives and Chamas on handling finances, taking loans or saving towards an a goal. KCB Nakuru Branch Manager Christine Keter while speaking in Nakuru on Thursday, May 23, 2024 where she led a team from the lender in a meeting…

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Kisumu City

Nyanza governors distance themselves from upcoming investment conference

Six governors from the Nyanza region have distanced themselves from a scheduled Nyanza International Investment Conference, expected to take place next month. The Governors’ namely Anyang Nyong’o of Kisumu, James Orengo (Siaya), Amos Nyaribo (Nyamira), Simba Arati (Kisii), Gladys Wanga (Homa Bay) and Ochilo Ayacko of Migori all said they have been sidelined in the…

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Deputy Chief Justice (DCJ) Philomena Mwilu.

Deputy Chief Justice advises Sacco members to shun taking huge loans

Sheria Sacco chairperson Deputy Chief Justice (DCJ) Philomena Mwilu has asked Sacco members to shun taking huge loans which outstretched their budgets and took decades to settle them. “Avoid long term and high interest loans. It is not too late to save for your retirement” Mwilu noted. The DCJ, accompanied by Chief Registrar, Winfridah Boyani…

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Cooperative PS Patrick Kilemi

Treasury set to slash Cooperatives Ministry budget by KSh959 million

The Principal Secretary for Cooperatives Patrick Kilemi has urged parliament to consider additional of funds to ministry for successful implementation of reforms. The PS had led a team from the State Department for Cooperatives to a meeting with the National Assembly Committee on Trade, Industry and Cooperatives chaired by Embakasi North MP James Gakuya recently….

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CS Cooperatives and Micro,MSMES Simon Kiprono Chelugui (fourth left) after a meeting with Council of Governors to deliberate on Cooperatives Bill, 2024. Photo: Obegi Malack

Council of Governors to submit views on Cooperatives Bill 2024

Council of Governors has presented a technical working group to give input on the Cooperatives Bill 2024 which is currently in Parliament. The governors led by Bungoma Governor Kenneth Lusaka, who is also the chairman of the Agriculture, Livestock and Cooperatives in the COG held a consultative meeting on Thursday presided over by Cabinet Secretary,…

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Suba North MP Caroli Omondi

Assent Sugar Bill into law, Suba North MP urges President Ruto

Leaders drawn from sugarcane growing belt have called on the President William Ruto to assent into law the Sugar Bill that has now passed its first and second reading at the National Assembly and Senate. Suba North MP Caroli Omondi said with the passing of the bill, farmers were bound to benefit fully from cane…

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CS Cooperatives Simon Kiprono Chelugui, PS Patrick Kilemi with Sacco leaders who will participate in the 2024 Women's Mentorship Programme (WMP) in Canada in June. Photo:Obegi Malack

Women leaders in Saccos sponsored to attend 2024 women’s mentorship programme in Canada

Eight women leaders who were selected to participate in the 2024 Women’s Mentorship Programme (WMP) organised by the Co-operative Development Foundation of Canada (CDF Canada) will depart the country on June 20 for the mentorship programme. The Women leaders of Credit Union will benefit from international professional development and mentorship opportunities. The program will run…

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Sacco Review team during the last year's International Day of Ushirika Day at KICC. Photo Obegi Malack

Cooperatives leaders roll out activities as they gear up for Ushirika Day celebrations

Cooperatives leaders have launched activities in preparation for the upcoming International Day of Cooperatives (Ushirika) Day to be marked on July 6, 2024. The theme for this year’s Ushirika Day is “Cooperatives build a better future for all,” it will be held in Nairobi County at the KICC grounds. State Department of Cooperatives Permanent Secretary…

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Nairobi Woman Representative Esther Passaris

Passaris urges Treasury to increase tax to bar banks, Saccos from lending to government

Nairobi Woman Representative Esther Passaris has urged the National Treasury to push the 5 per cent withholding tax on the interest income earned from the infrastructure bonds to 20 per cent. She revealed this in a statement on Thursday, May 16, 2024 seen by Sacco Review where she noted that the current proposed tax will…

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