Category: Co-op News
Siaya residents protest eviction from ancestral lands over mining
A section of Gem residents have vowed to stop a mining company from forcefully evicting them from their ancestral land in order to pave way for the extraction of gold. Through a Community Based Citizen Forum, the residents accused the ministry of mining and local leaders of coercing them into leaving their ancestral land without…
KenGen gets Cabinet approval for Hydropower Redevelopment Project
Kenya Electricity Generating Company (KenGen) has received Cabinet approval to embark on the Gogo Hydropower Redevelopment Project, bringing relief to the people of Western Kenya. The decision was made during a Cabinet meeting chaired by President William Ruto at State Lodge Kisumu. The Project, situated along the banks of River Kuja in Migori County, is…
Siaya County to collect farmers’ information to enhance productivity, food security
Bondo Sub-county administrator Mr. Vincent Kanyangonda has revealed that Siaya County government is set to begin data collection for farmers in the region with a view to supporting productivity and enhancing food security. Kanyangonda revealed the idea would help the county government plan and budget for farm inputs necessary for boosting production. He disclosed that…
Legislator vows to stop grabbing of farmers’ societies land
Matungulu MP Stephen Mule has vowed to address the rampant cases of farmers societies’ land being grabbed. He lamented that illegal land transactions were rampant in the region and asked private developers to vacate land they had illegally taken over. Mule also warned the public not to be duped into buying public land which had been grabbed….
Gachagua: Deal underway for farmers to sell coffee directly to Starbucks
Deputy President Rigathi Gachagua has revealed that coffee farmers will sell their produce directly to Starbucks, eliminating intermediaries. The DP said that the government is currently in discussions with Starbucks Corporation, the world’s largest coffee chain based in the United States, regarding a groundbreaking deal. “The collaboration is expected to revolutionize the coffee industry in…
Coffee marketers gear up for 2023-2024 inaugural sale
Peter Gikonyo, the Chairman of the Nairobi Coffee Exchange (NCE), has revealed that five coffee marketers are set to showcase 6,369 bags of coffee at the inaugural sale of the 2023-2024 coffee crop. He noted that there will be 37,636 kilograms of pristine AA-grade coffee and 201,197 kilograms of AB-grade coffee. The chairman stated that…
Hazina Sacco launches Siaya satellite office
Pomp and color marked the launch of Hazina Sacco satellite office in Siaya town meant to cater for the fast-growing clientele in the area. Sacco National Chairman Mr Evans Kibagendi said the management opted to make the Siaya office a fully-fledged facility after realizing the potential the area has. He revealed that the branch members…
Kenya Bankers Sacco opens Kisumu branch
The Kenya Bankers Sacco has officially opened a fully- fledged branch in Kisumu town to ensure ease of business and access to services for its members drawn from Nyanza and the larger Western regions. National Chairperson Vincent Chisaka said the new branch marks a serious turning point for the society since it will ensure efficient…
Why financial agencies need to invest in professional managers
The financial landscape in Kenya is characterized by a diverse array of institutions like banks, insurance companies and Saccos that cater to the financial needs of individuals and businesses. At the heart of the effective functioning of these organizations lies the crucial element of professional management. This article explores the unique characteristics of banks, insurance…
Critical obligations of Sacco members
The growth of Saccos in Kenya has shown how important they are in providing affordable financial services and enabling easier access to savings and credit for members. Saccos have therefore impacted the economic growth experienced in Kenyan communicates. More often than not, we place a lot of emphasis on the achievements of the Sacco but…