Nine cooperative societies receive Sh3 million incubators, backup generators

By Enock Kipturgut The County Government of Baringo has launched incubators and backup generators worth Shs 3 million to benefit nine co-operative societies drawn from Kabarnet Ward.  The move is aimed at enhancing poultry production. One incubator accommodates 1056 eggs per hatchery. The benefitting cooperative societies include Soramoi, Kimoso, Seguton, Kiboino, Kapchepterit, Kokwomoi, Kaperterot, Jekame…

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How Mburia has changed the cooperative sector landscape

In his lifetime, Symon Mburia has taken a leading role in transforming the co-operative movement in the country. He has taken part in drafting and formulating major polices governing the co-operative movement, and also ensuring that the co-operative movement is managed professionally through his leadership in the newly formed Kenya Society of Professional Co-operators (KSPC)…

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SACCO

SASRA forms Fraud Investigation Unit to quell theft in Saccos

By Roy Hezron The Sacco Societies Regulatory Authority (SASRA) has set up the Sacco Societies Fraud Investigation Unit (SSFIU) through a recent Memorandum of Understanding (MOU) which was signed with the Directorate of Criminal Investigations (DCI) to formalize its establishment. According to the Authority’s Chairperson Mr. John Munuve, the establishment and operationalization of the Unit…

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Saccos driving innovation in home ownership

By Our Reporter While institutions offering financial services are in the vanguard of driving innovation, technology adoption, artificial intelligence and going digital, experts say it is time for financial institutions like Savings and Credit Co-operative Societies (Saccos) joined the effort to increase financial inclusion.  According to Ng’ang’a Mbugua, a Partner and Head of Content at…

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