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Equity announces $1.6 Billion DRC investment commitments by 26 Kenyan Companies

By Our Reporter 26 Kenyan companies have committed trade investments worth $1.6Billion in the Democratic Republic of Congo. The 26 traders are part of the Kenya delegation that participated in…

Stanbic, KNCCI Sign deal to support MSMEs

By Andrew Walyaula Waliaulaandrew0@gmail.com Stanbic Bank Kenya and the Kenya National Chamber of Commerce and Industry (KNCCI) have signed a partnership to provide financial and non-financial support to Micro, Small…

Why it is expedient for coffee cooperatives to register own federation

By Fred Sitati The Sessional Paper No 4 of 2020 themed “Promoting Cooperatives for Socio-Economic Transformation” seeks to transform cooperatives in the country by, among other initiatives, advocating for formation…

Court Awards former Uchumi supermarket CEO Sh6.5 Million

By Andrew Walyaula Waliaulaandrew0@gmail.com Former Uchumi Supermarket CEO, Jonathan Ciano, has been awarded Sh6.5 million by the court for leave days, unused leave days and gratuity, terming his sacking seven…

Kenya, DRC sign bilateral agreement on agricultural cooperation

By Andrew Walyaula Waliaulaandrew0@gmail.com Kenya   has signed a bilateral agreement with Democratic Republic of Congo (DRC) to boost agricultural productivity and food security, through “mutually beneficial trade”, education and research.…

5-year old Sacco pays dividends at 4 percent, rebates at 6 percent

By Asa Maina One of the youngest Saccos in Nyeri County has paid out dividends at 4 percent and interests on deposits at 6 percent. Nyeri South Traders Sacco’s dividend…

Coffee farmers earn Shs 28 million from their first export to Korea

By Talarus Chesang More than 200 coffee farmers in Baringo can now smile to the bank after they earned a whopping Shs 28 million for exporting their first consignment of…

How coffee farming lost its shine in Kenya

By David Kipkorir Kenya’s cash crop farming has lost its glamour as farmers decry dwindling fortunes, abandoning it for other alternatives. The beleaguered farmer is losing hope in the crops…

Saccos contribute 80% of housing projects in the country, says Co-op PS

By Obegi Malack          obegimalack@gmail.com The Permanent Secretary for State Department of Cooperative Ali Noor Ismail has commended cooperatives for their contribution in the government agenda of affordable housing. The…

Historic moment as Co-op Bank registers a 59 per cent profit growth

Kingdom Bank, formerly Jamii Bora Bank contributed over Sh 500 million profit before tax The bank has recommended dividend payment of Sh 1 per share, or Sh 5.9 billion Total…