Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
Kenyan businesses are increasingly absorbing rising production and operational costs as they seek to retain customers amid growing price sensitivity and weakening purchasing power. The strategy is intended to protect sales volumes and prevent customers from switching to cheaper alternatives, but it is putting pressure on firms’ profit margins as fuel, transport, energy and raw…
Government moves to fast track completion of the first eight County Aggregation and Industrial Parks Meru, Embu, Kirinyaga and five other counties are nearing completion of their CAIPs Parks expected to create jobs, boost manufacturing and open new markets for farmers The Government has stepped up efforts towards the finalisation of the construction and operationalisation…
County workers could face a new 7.5 per cent pension contribution under proposed legislation County governments may be required to match employee contributions by up to 15 per cent Bill proposes stronger safeguards for pension remittances and limited early access to benefits County government employees could see a new 7.5 per cent deduction from their…
New Bill seeks to give Kenya’s creative economy a dedicated legal and institutional framework Proposed reforms could establish new bodies to oversee training, promotion and regulation Creative Industry Development Fund proposed to boost financing for artists and creative enterprises A Bill seeking to establish a comprehensive legal and institutional framework for the growth and development…
Saccos face another wait for direct access to Kenya’s National Payments System Industry leaders call for wider consultation as the Co operatives Bill remains stuck in mediation Proposed reforms could introduce a Deposit Guarantee Fund and expand services available to Sacco members Kenya’s Sacco movement is facing another delay in its push for direct access…
Kindiki wants counties to speed up completion of industrial parks to drive value addition. He says all county allocations due up to August have been released. Counties have also been urged to prepare early for the expected El Nino rains. Deputy President Kithure Kindiki has urged county governments to prioritise the completion of County Aggregation…
A proposed law seeks to establish a Maize Board of Kenya to regulate the maize value chain. The Bill would introduce licensing for millers and give counties greater roles in supporting farmers. New research, development and dispute resolution bodies are also proposed for the sector. A new Bill before the National Assembly seeks to create…
KTDA chairman Enos Njeru rejects claims that factory loans are used to finance farmer bonuses. He says borrowing varies by factory and can fund machinery, operations and expansion. Njeru also called for patience as the DCI investigates the Ksh322 million fertiliser transaction. Tea factories that borrow money are not necessarily taking loans to finance bonuses…
Senate raises concerns over the continued sale of counterfeit and unregistered pesticides. Senators want tougher enforcement and stronger monitoring of agro dealers nationwide. Committee calls for better farmer education and pesticide residue checks to protect consumers. The Senate Standing Committee on Agriculture, Livestock and Fisheries has raised concerns over the continued sale of unregistered, expired…
Kindiki has sounded an early warning over El Nino rains expected from October through January. Government agencies and counties are being mobilised to tackle flooding, landslides, road damage and other risks. Early preparations could help protect schools, farmers, communities and public resources from weather related disruptions. Deputy President Prof. Kithure Kindiki has issued an early…
