Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
A 2020 Survey conducted by the State Department for Co-operative Development revealed that there are 5,723 dormant cooperatives, which are at risk of losing its assets to unscrupulous officials. Kenya Society of Professional Co-operators (KSPC) is now calling on government to develop policy guidelines that will help to safeguard assets of cooperatives that may fall…
The government has come up with a draft policy that is meant to revive the sugar industry, even as it bans sugar production for the next three months. According to the draft policy – Revitalization of the Sugar Industry by the State Department for Crop Development – it will take the government up to 10…
Milk production in twelve counties countrywide is set to double following a series of interventions rolled out through a project run by the Kenya Crops and Dairy Market Systems (KCDMS). Through the US-AID-funded project, over 190,000 farmers in Kisumu, Siaya, Migori, Homa Bay, Vihiga, Kakamega, Bungoma, Busia, Kisii, Kitui, Makueni and Taita Taveta counties have…
Cabinet Secretary Co-operatives and Micro, Small and Medium Enterprises (MSMEs) Development Simon Kiprono Chelugui has urged cooperatives to invest in technology to tackle climate change which has become a challenge in the development of cooperative movement. Speaking during the 7th Annual Conference 2023 at the Cooperative University of Kenya (CUK), Chelugui said climate change has…
Co-operatives and Micro, Small and Medium Enterprises (MSMEs) Development Principal Secretary Patrick Kiburi Kilemi has revealed that the government has made tremendous progress in coffee reforms that will see revival of the struggling sub sector. Speaking during the Kenya Coffee Trade meeting, the PS said the government is committed to reform the sub sector and…
Landlords, property owners and Licensed Auctioneers of Kenya have expressed concerns over the newly proposed Landlords and Tenant Bill meant to repeal three current laws governing the real-estate subsector, and introduce one statute which will include all regulatory guidelines in the both residential and business premises. The landlords argue that the bill lacks an elaborate…
Cooperatives are a great asset to the attainment of sustainable development goals. They create an enabling environment for personal development and improvement of quality of life. The 101ST Ushirika Day is now behind us, but we must continue acknowledging the role cooperatives have played as enablers of accelerated sustainable development. Globally, cooperatives have contributed immensely…
President William Ruto has assured cooperative sector stakeholders that his government will fully implement the National Co-operative Policy in plans to strengthen the multi-billion shilling sector. He said the movement has contributed immensely to national socio-economic development. “The government is determined to take appropriate measures to ensure full implementation of Sessional Paper Number 4 of…
It is a windfall for Savings and Credit Cooperatives (Saccos) as they pick the spoils from bank fallouts prompted by skyrocketing interest rates. Loan seekers are streaming into Saccos for loans with lower interest rates, as banks increase the pricing of loans to levels last seen over seven years ago. Moreover, customers with loans in…
The Nairobi Coffee Exchange (NCE) is planning to license five more coffee cooperative unions by the end of this month. This follows the licensing of 11 cooperative unions. The unions will sell coffee directly at the NCE and overseas, thereby eliminating the need for middlemen between farmers and buyers. NCE is also expected to reopen…
