SACCO

County to enact laws strengthening cooperatives, CECM reveals

Busia County Executive Committee Member in charge of Trade, Industries, Investment and Cooperatives Omuse Olakachuna has revealed that the county government will enact laws that will strengthen cooperative societies in the region. Omuse disclosed that some of the issues they aim to address is how to safeguard Saccos’ funds and repayment of loans. He noted…

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SACCO

Mudavadi lauds establishment of women Islamic Sacco in Western region

Prime Cabinet Secretary Musalia Mudavadi has termed the establishment of Western Kenya Muslim Sacco a crucial step towards ensuring financial independence of women in rural areas. Speaking during the annual women Muslim women Quran competition in Kakamega,the prime CS reiterated that the government firmely supports the move by women to financially advance themselves since they…

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SACCO

CA raises alarm over increased cybersecurity attacks

The Communications Authority of Kenya (CA) has raised concern over the high number of cyber security attacks, which rose from 7.7 million in 2018 to 444 million in 2023. Speaking in Kisumu during the awards ceremony of the Kisumu edition of the Authority’s cyber security bootcamp and hackathon series 2023, Internal Audit Director Rosalid Muriithi…

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SACCO

Finmat Sacco embarks on member training to enhance financial literacy

Finmat Sacco has embarked on frequently holding member education days to strengthen financial literacy among members. Credit director Beatrice Kisanya assured members that the Sacco is focused on its core business of empowering members through financial literacy training so as to improve their individual as well as collective financial welfare. “Finmat Sacco prides itself for…

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SACCO

Farmers’ cooperative lauds KBL’s plan to increase sorghum payment rates

1,200 members of Karachuonyo Lolwe Rume Cooperative Society in Homa Bay County have lauded the Kenya Breweries Limited (KBL) Company over its intended plans to raise the payment rates for sorghum farmers in the area. The cooperative’s chairman Elisaphan Ager said the move will go a long way in boosting the morale of sorghum farmers…

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SACCO

County to hire more auditors to boost efficiency in Sacco inspections

Nandi county governor Stephen Sang has expressed concern over the lack of adequate auditors in the region to increase efficiency of inspections in co-operatives. Speaking during the Ushirika day celebrations held at Kapsabet A.I.C Bible college grounds in Nandi county, the governor argued that lack of adequate auditors in the region is one of the…

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SACCO

Mudavadi: Agriculture top priority in Govt’s economic transformation agenda

Prime Cabinet Secretary Musalia Mudavadi has revealed that the government has placed innovation in agriculture as the top pillar of the Bottom-Up Economic Transformation Agenda (BeTA). Speaking during this year’s Kisumu regional show, Mudavadi said BeTA prioritizes on rice, edible oils, cotton, coffee, maize, tea, leather and dairy value chains with the aim of achieving…

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SACCO

Commissioner lauds agribusiness innovations that enhance food security

Nyanza Regional Commissioner Flora Mworoa has lauded farmers and entrepreneurs for their superb display of innovative agribusiness ideas that seek to address the problem of climate change and enhance food security. Speaking during the Kisumu Regional Agricultural Society of Kenya (ASK) Show held at Mamboleo ASK Grounds, Mworoa, who represented Interior Principal Secretary Dr. Raymond Omollo,…

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