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…
Kenya steps up border checks to keep banned and unsafe pesticides out of the market Government pushes for harmonised pesticide rules across East Africa and COMESA Illegal pesticide entry has reportedly dropped sharply following tighter surveillance at key borders Kenya is tightening controls on pesticide imports in a move aimed at keeping chemicals that have…
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…
Meru coffee union calls on youth to return to coffee farming amid ageing farmer population Climate change and quality concerns push farmers to adopt new production practices Union secures Ksh150 million financing to help farmers access specialised coffee fertiliser Meru Central Coffee Cooperative Union Chief Executive Officer (CEO) Duncan Kiambia Marete has urged Kenyan youth…
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…
Workers in over 21 counties face salary delays of up to two months. Budget disputes are disrupting payments and county services. Unions want counties allowed to pay workers amid disputes. County employees in more than 21 devolved units are facing financial strain after delays in salary payments, with some workers going up to two months…
