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CS Oparanya promises more support to Cooperative University

Sacco ReviewSeptember 10, 202403 mins

The Ministry of Cooperatives and MSMEs Development Cabinet Secretary (CS) Wycliffe Oparanya has said the government will allocate more resources to support to the Co-operative University of Kenya (CUK) in executing its role in the growth of co-operative movement in Kenya. Oparanya who met the University’s top management led by Vice Chancellor, Prof. Kamau Ngamau…

Oparanya urges Uwezo Fund beneficiaries to form Saccos

Sacco ReviewSeptember 9, 2024September 10, 202405 mins

Cooperatives and SMEs Cabinet Secretary (CS) Wycliffe Oparanya has emphasized the importance of forming cooperatives among beneficiaries of the Uwezo Fund. He highlighted that by coming together; individuals can create a larger pool of resources, enabling them to get more substantial funding for their business ventures. Oparanya stated, “When you join cooperatives, you have an…

Chelugui finally hands over to Oparanya

Sacco ReviewSeptember 5, 2024September 6, 202404 mins

The former Cabinet Secretary (CS) for Co-operatives and Micro, Small and Medium Enterprises (MSME) Development Simon Chelugui has handed over the docket to the newly appointed CS Wycliffe Oparanya, with the later promising to implement initiatives started by his predecessor. Speaking during the handing over ceremony at the National Social Security Fund (NSSF) office on…

Banks record mixed trends in this year’s second quarter, study reveals

Sacco ReviewSeptember 3, 202407 mins

The Kenyan Banking Sector asset base recorded a mixed trend in the quarter ended June 30, 2024, compared to the growth in the quarter ended March 31, 2024 a study has revealed. In the recent Central Bank of Kenya commercial banks’ credit officer survey for quarter ended June 30, 2024 where 38 commercial banks and…

Relief for consumers as increased sugar production lowers retail prices

Sacco ReviewSeptember 2, 202404 mins

Kenya recorded increased domestic sugar output in the first quarter of 2024 to up to 485,802 tonnes by August leading to a drop in retail prices, the Agriculture and Food Authority has observed. According to a report by the food agency, there was a constant drop in production witnessed in April and May this year…

KCC to halt milk supply to Govt agencies over Ksh184.3M debt

Sacco ReviewAugust 27, 2024August 27, 202404 mins

Members of Parliament have instructed the New Kenya Co-operative Creameries (KCC) to halt milk supply to the State House and other government agencies that have pending bills worth Ksh184.3 million. This is after the New KCC Managing Director Samuel Ichura and Cooperatives Principal Secretary (PS) Patrick Kilemi appeared before the National Assembly Committee on Trade,…

Agriculture PS reveals Govt has distributed 100 mobile driers across the country

Sacco ReviewAugust 26, 202403 mins

Principal Secretary (PS) State Department for Agriculture Dr Paul Ronoh has revealed that the national government has distributed 100 mobile driers across the country to help minimize post-harvest losses. The PS speaking at Lulu Farm in Trans Nzoia County recently revealed that the county will receive 230 smaller driers on top of the 10 big…

Joho affirms Govt commitment to streamline mining sector

Sacco ReviewAugust 26, 202402 mins

Mining, Fisheries and Blue Economy Cabinet Secretary (CS) Hassan Joho has announced that the government intends to streamline the mining sector. Speaking in Kisumu when he met mining officials and artisan miners from Rift valley and Nyanza regions recently, the CS said that the government seeks to introduce reforms in bid to improve the sector….

Hope for former Nakumatt employees as date with trustees is set

Sacco ReviewAugust 24, 2024August 24, 202403 mins

There is a ray of hope of compensation for former employees of Nakumatt Supermarket after they were invited to a meeting with trustees and the liquidator to learn about how they will get their benefits. According to a notice issued today, the supermarket asked their former employees who are yet to receive their pensions to…

Sugar industry union warns of backlash if rejected finance bill is reintroduced

Sacco ReviewAugust 24, 202404 mins

A sugar workers union has warned of a major backlash if the rejected Finance Bill 2024 is forced down the throats of Kenyans. The Kenya Union of Sugar Plantation Workers (KUSPAW) Secretary General Francis Wangara said Kenyans will resist attempts to reintroduce the bill. Speaking in his Kisumu office, Wangara observed that there is nothing…