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…

Read More
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…

Read More
SACCO

Govt begins execution of multi-million plan to revive coffee sub-sector

A total of Ksh428.4 million will be injected into the country’s coffee cooperatives towards strengthening governance and capacity in the next four years as part of the National Coffee Revitalization Project (NCRP). The entire project, however, will approximately cost the government a total of Ksh21.3 billion for the four year period earmarked for the revival…

Read More
SACCO

Mwalimu National Sacco begins issuing advance rebates for fiscal year 2023

Mwalimu National Sacco has announced the issuance of advance rebates against expected interest rebates for the fiscal year 2023. Through  a memo dated August 02,2023 and signed by Sacco CEO Kenneth Odhiambo, the exercise will kick off today and the advance will be available via MwalimuHELA platform App and USSD*633#. Members will have access of…

Read More
SACCO

Chelugui orders SASRA to safeguard Sacco members’ interests

Saccos Societies Regulatory Authority (SASRA) has been asked to ensure interests of all Sacco members are protected and that adequate revenues are generated. Cabinet Secretary (CS) for Cooperatives and Micro, Small and Medium Enterprises Simon Chelugui asked SASRA CEO Peter Njuguna to also ensure that members comply with all the basics that govern Cooperative societies….

Read More
SACCO

Change beckons as KUSCCO boss hints at coops forming federations

All Cooperatives will in future become federations and subscribe to an apex body, group managing director of the Kenya Union of Savings and Credit Cooperatives (KUSCCO) George Ototo has hinted. A restructured Cooperative sector will ensure sustainability and viability as it will solely depend on the subscription of the cooperative members. Ototo revealed this while…

Read More
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…

Read More
Not Allowed