The late Joseph ‘Joe’ Nyagah. Photo/Courtesy

Joe Nyagah, man behind cooperative growth

By Roy Hezron Joseph ‘Joe’ Nyagah, a former minister and presidential candidate left behind a remarkable history of championing the co-operative movement before his demise on 11th December 2020 at Nairobi hospital. Nyagah, alumnae of Alliance High School and the University of Nairobi, was appointed the Minister for Co-operative Development during the Grand-Coalition Government formed…

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Metrotrans Sacco Isuzu buses fleet driven off from Isuzu (E.A) after the handing over ceremony.

Co-op Bank gives Metrotrans Sacco 45 new buses

Press Release  On 4th November 2020, Metrotrans Sacco, one of the leading PSV transport Saccos operating in Nairobi received 45 new buses at Isuzu East Africa with financing from Co-op Bank in form of a lease worth Kes 225 Million. The lease will enable the Sacco to respond to increased demand in their existing routes,…

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From rigth,Tower Sacco Secretary Peter Ngugi, Treasurer Samuel Kuria and Vice Chairman Benson Chege chat during AGM. Photo/File

Curtain falls on Tower Sacco Vice-Chair

By Roy Hezron Tower Sacco Board’s Vice-Chair Mr. Benson Chege Ruhang’a has passed on. It is reported that Mr. Chege passed on while undergoing treatment at Nakuru War Memorial Hospital. Until his death on 1st November 2020, Chege doubled up as Vice-Chair and head teacher at Gituru Primary School in Naivasha. With 42 years of…

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Mr. Macdonald George Obudho, new DG KNBS.

Hazina Sacco Vice Chair named new KNBS Director General

By Staff Reporter Hazina Sacco Board’s Vice Chair Macdonald George Obudho has been appointed new Director General Kenya National Bureau of Statistics (KNBS). Macdonald George Obudho who takes over from Zachary Mwangi is set to lead KNBS for a period of 8 years. Obudho joined KNBS in 1995 and rose through the ranks from Statistician…

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Registry Staff at the Cooperative Tribunal trained on the use of E-filing System.

Cooperative Tribunal suspends operations for 7 days

By Staff Reporter Operations at the Cooperative Tribunal Registry in Nairobi have been suspended for seven days after one of the staff tested positive for the Covid-19. In a memo dated 1st November 2020 and signed by the Chairperson of the tribunal Hon. Beatrice Kimemia to the public and advocates, the operations in the registry…

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Ariel Guarco, President International Cooperative Alliance. Photo/Courtesy

World Co-operatives Congress Day postponed

By Roy Hezron The 33rd World Cooperative Congress Day celebrations, which were to be held next month in South Korea, have been postponed due to the Covid-19 pandemic. The congress, which brings together all co-operative movements affiliated to the InternationalCooperative Alliance(ICA), has been re-scheduled to December next year. Seoul will still host the celebrations. The…

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Boresha Sacco CEO Dr Moses Chebor. Photo/File

Sacco leaders react to regulator’s call for mergers

By Simon Njane Savings and Credit Cooperative Societies (Saccos) leaders are expressing mixed reactions to the regulator’s call for mergers as deposits get skewed towards large entities. While leaders of various Saccos support the proposal by the Sacco Societies Regulatory Authority (Sasra) that Saccos should consider merging to avoid collapsing, they are calling for caution….

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Eliud Chepkwony, Jamii Sacco CEO.

Jamii Sacco unveils strong measures to boost business

The Sacco has restructured its operations, developing new products and bettered its digital platforms. By Ken Ondieki Jamii Sacco has remained resilient in the face of Covid-19 pandemic that has adversely affected the country’s social and economic status. The Deposit-Taking Sacco, has reviewed its business plan for the financial year 2020, scaled down on areas…

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Sacco members being served at the Registration Desk ahead of Bandari Sacco's 44th ADM.

Saccos report high liquidity even as Covid-19 strikes

By Sammy Chivanga When Covid-19 struck, it was expected that many Savings and Credit Cooperative Societies (Saccos) would face their biggest liquidity test. And as an increased number of Sacco members applied for consumption loans, Sacco leaders such as the Kenya Union of Savings and Credit Co-operatives Ltd (Kuscco) called for caution. But in a…

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