SACCO

Saccos should prioritize people over products in a changing financial landscape

In recent years, Savings and Credit Cooperative Organizations (Saccos) have become increasingly vital to the financial wellbeing of many Kenyans. They have allowed individuals, families, and small businesses to access credit, grow their savings, and benefit from cooperative economic models that prioritize mutual success over pure profit. However, as Saccos continue to evolve and introduce…

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Deputy President Prof. Kithure Kindiki

DP Kindiki puts corrupt Govt officials on notice

Deputy President (DP) Prof. Kithure Kindiki has warned that the government will persecute state officials who misuse public funds for personal gains. “It is a curse to use public funds for personal benefits. It is a curse because of the cry of poor people who cannot access medicine and die will haunt you,” he said….

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Bomet Governor Hilary Barchok briefs the media at the end of the two-day LREB conference.

Governors pledge collective action on water security, environmental sustainability and climate resilience

Governors of the Lake Region Economic Bloc have reaffirmed their collective obligation to secure access to clean and safe water for all residents in their respective counties. They said Water security is essential for social and economic development and remains a basic human right. The governors committed to expanding water service coverage and improving sanitation,…

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Kenya Pipeline Corporation expands fuel transport with new vessel on Lake Victoria

Operations at the Kenya Pipeline Corporation (KPC) oil jetty in Kisumu have been ramped up following the introduction of a second cargo ship to ferry fuel from the depot to Uganda through Lake Victoria. The vessel christened MT Elgon has a capacity of 4,500 cubic metres and will complement MT Kabaka Mutebi II which was…

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Kakamega deputy governor Ayub Savula during a public participation forum in Friends Church Shabwali

Kakamega county to establish Ksh 1 Billion Tea Factory in Shinyalu

The Kakamega County Government is set to kick off the construction of a new tea factory in the Madala area of Shinyalu constituency, with an investment of Ksh 1 billion. Deputy Governor Ayub Savula made the announcement during a public participation forum at Shabwali Friends Church, organized by the county government in collaboration with the…

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Relief for cane farmers as lobby revives after decades of slumber

Sugarcane farmers in the West Kenya Outgrowers Company (WEKO)  held their first annual general meeting after 17 years. In a move that is set to restructure the crumbled giant cane farmers’ company within the western region, the new office is hell bent on ensuring that all their assets confiscated by the miller West Kenya and…

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Commissioner of Cooperatives, David Obonyo

Commissioner of Cooperatives Obonyo urges cooperatives to advocate for a greener future

Commissioner of Cooperatives, David Obonyo has called on cooperatives to continue to advocate for a green future by promoting the adoption of renewable energy and environmental conservation programs within sector fostering sustainability and reducing carbon footprints. Obonyo who was speaking on Tuesday during the 2nd Cooperative movement stakeholders’ annual conference on the legal and regulatory…

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SMEs training Forum participants drawn from KNCCI -Kericho,Absa Bank and various SMEs.

KNCCI chairman urges SMEs to understand taxes for business resilience and compliance

The proprietors and managers of small and medium-sized enterprises (SMEs) have been urged to keenly research and understand the types of taxes that affect their businesses for resilience and tax compliance. The Chairman of the Kenya National Chamber of Commerce and Industry (KNCCI) Kericho branch Rev. Reubenson Malakwen Bett said SME managers should try to…

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Kitui County Housing Cooperative Society eyes real estate growth with member-focused development plans

The Kitui County Housing Cooperative Society Limited was started out of felt need by the Kitui County government staff in 2014. The society’s Chairman, Benjamin Musili Mukulo, further said the society is to be a world class housing cooperative society in the provision of real estate property services to the members for both the present…

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President Ruto signs the Sugar bill into law to revitalize the sector

President Ruto signs the Sugar Bill into law to revitalize the sector

President William Ruto has assented to the Sugar Bill (National Assembly Bills No. 34 of 2022) which seeks to revitalize the sector, enhancing growth, regulation, and support for cane farmers nationwide. Sponsored by MP Emmanuel Wangwe and co-sponsored by Senator. David Wakoli, the Bill was considered by both Houses and approved by the National Assembly…

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