NSSF Sacco CEO CPA Antony Kahoru.- Photo/ Linkedin

Sacco CEO urges youth education on cooperatives in schools

Youth remain largely unaware of Sacco benefits. CEO calls for cooperative education in schools. Digital marketing could attract more young savers. The low adoption of cooperatives as a means of investment and savings among young people in the country has been blamed on stakeholders’ poor marketing and educational programmes in the sector. To change the…

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Delegation from EACC, SASRA, State Department for Cooperatives and other industry leaders during the presentation of EACC report.- Photo courtesy

EACC flags governance gaps in Kenya’s co-ops sector

Commission calls for stronger controls to prevent corruption and protect resources Co-operatives department commits to reviewing and implementing recommendations The Ethics and Anti-Corruption Commission (EACC) has flagged governance and oversight weaknesses in Kenya’s co-operative sector that could open the door to corruption. The Commission presented its report on the examination of systems in the co-operative…

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Suspected counterfeit sugar seized by police in Kitale.-Photo courtesy

Sugar Board, police crack down on illegal sugar in Kitale

Sugar Board and police launch crackdown on illegal sugar in Kitale Operation targets smuggling, distribution and sale of unverified sugar Authorities seek to protect consumers and legitimate sugar traders The Kenya Sugar Board has teamed up with police to crack down on illegal and counterfeit sugar in Kitale and its surrounding areas, targeting smuggling networks…

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HELB, Stima Sacco explore partnership on student financing

HELB and Stima Sacco explore wider support for student borrowers Talks target diaspora services, financial literacy and HELB Sacco growth Proposed system links could make student financing more seamless Kenya’s student financing landscape could be heading for a significant transformation following fresh talks between the Higher Education Loans Board (HELB) and Stima Sacco aimed at…

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Kangundo MP Fabian Kyule during the opening of class build through NG-CDF at Kilalani Primary school.-Photo/Gastone Valusi

Kangundo MP urges boda boda Saccos to invest in matatus

Kangundo MP Fabian Kyule Muli wants boda boda saccos to diversify into matatu transport More than 2,000 motorbikes worth over Ksh360 million face growing competition The newly tarmacked Kangundo Mwala road could open new transport and farming opportunities Kangundo MP Fabian Kyule Muli has urged 48 boda boda saccos in the constituency to diversify into…

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Raw Coffee berries

New KPCU disburses Sh15bn coffee cherry fund, Nyeri leads

Coffee farmers across the country are receiving billions under a major cherry financing programme One county has emerged as the biggest beneficiary, while another records a striking payout pattern New figures reveal a wide gap in coffee funding between counties The New Kenya Planters Co-operative Union (New KPCU) has disbursed Ksh15.07 billion under the Coffee…

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Enos Njeru, KTDA Chairman.- Photo courtesy

KTDA dismisses circulating finance documents as fake

KTDA has rejected circulating financial documents as fake, unverified and misleading The agency says the documents lack required signatures, stamps and authentication KTDA has urged farmers and partners to rely on official channels as authorities investigate the circulation of protected information The Kenya Tea Development Agency (KTDA) has dismissed documents circulating on social media as…

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