Category: Co-op News
Co-operative University to hold 8th graduation this Friday
The Co-operative University of Kenya (CUK) will hold its 8th graduation ceremony on Friday December 8, 2023 at its main campus in Karen, Nairobi. A notice shared by the university on its official social media platforms indicates that the event will be presided over by the Cabinet Secretary (CS) for Co-operatives and Micro, Small, and…
PS Kilemi urges co-operators to embrace collaboration
Principal Secretary (PS) in the Ministry of Co-operatives and Micro, Small, and Medium Enterprises (MSMEs) Development, Patrick Kiburi Kilemi, has emphasized the importance of cooperative policies in driving the economy. Speaking during a consultative meeting in Nairobi with co-operative developers today, PS Kilemi urged policy planners to collaborate and utilize their expertise for the benefit…
Why competitive staff hiring has become the norm in Saccos
As the world of business evolves and as companies look for ways to stay ahead of the curve, Savings and Credit Cooperatives (Saccos) are moving away from traditional formulae to competitive recruitment of staff. Majority of the regulated Saccos are now advertising vacant positions in national daily newspapers, while others hire employment agencies to advertise…
Govt regains control of Co-ops in new draft bill
The Co-operative Bill 2023 is a game-changer as it will allow the government a level of control over activities of the cooperative movement and intervene in case of any risk that may threaten the movement with the aim of making the multi-billion sector flourish again. A look into the bill shows that unlike before when…
KUSCCO rubbishes claims it’s engaging in illegal businesses
Kenya Union of Savings and Credit Co-operatives (KUSCCO), the umbrella body for Savings and Credit Cooperatives (SACCOs) in Kenya, has maintained that it doesn’t engage in any illegal business and operates within the stipulated laws that govern its operations. In a letter dated October 12, 2023 sent to all Sacco Chairpersons and which was a…
CoG submits recommendations for review of National Assembly 2022 Sugar Bill
The Council of Governors (CoG) has submitted the legislative memorandum on the National Assembly 2022 Sugar Bill to the Senate Standing Committee on Agriculture, Livestock and Fisheries chaired by Kirinyaga county Senator James Murango for consideration. The document was presented by Bungoma Governor Kenneth Lusaka in his capacity as the Chair of the Agriculture Committee….
National Irrigation Authority receives Ksh3B to rehabilitate Ahero Irrigation Scheme
The National Irrigation Authority (NIA) has received Ksh3 billion boost from Japan International Cooperation Agency (JICA) to rehabilitate the Ahero Irrigation Scheme in Kisumu county. The revelation was made when the JICA technical team paid a courtesy call to Kisumu Governor Prof. Anyang’ Nyong’o in his office. Led by Hayashi Kenji, the delegation said the…
Chelugui: Govt is developing policies to incorporate youth in Saccos
Co-operatives and Micro, Small and Medium Enterprises (MSME) Development Cabinet Secretary Simon Chelugui has revealed that the government is promoting the involvement of young people in the cooperative movement by encouraging them to form their own cooperatives or be incorporated into leadership of the existing Saccos. The CS lamented that despite their technological proficiency, young…
Women in Kisii revive dormant Sacco for economic empowerment
Women in Kisii County have revived Wimanet Sacco after six years of dormancy to empower themselves economically. Sacco Charlady Jane Matiabe appealed to women small scale traders to join the Sacco, save and access loans to boost their businesses and lives. “Members save Ksh20 daily and qualify for loans three times their savings,” she said….
Governor Sang announces plans to digitalize dairy sector for efficiency, transparency
Nandi Governor Stephen Sang has revealed that his administration has initiated the digitalization of the dairy sector in preparation for the launch of the Nandi Cooperative Creameries (KCC). Speaking moments after a consultative meeting with the Kenya National Chamber of Commerce and Industry and other stakeholders, the governor stated that the move is aimed at…
