nyanza

County plans to legalize chang’aa

By Erick Nyayiera  Siaya County government is seeking to formulate a legislation that will legalize the production, sale and consumption of chang’aa. According to the County’s Executive Committee member for Enterprise and Industrial development Jaoko Oburu, they have already established a liquor directorate that is currently checking on the required standards before they can legalize the liquor. Oburu told Sacco ...

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Self-employed workers told to save for retirement

By Erick Nyayiera Individuals who are self-employed in Siaya County have been encouraged to embrace the culture of saving for retirement as a security measure for their old age. According to Retirement Benefit Authority (RBA) Cooperate Communication Manager Rose Kwena, those in self-employment should ensure they join the various private and occupational pension schemes to save for their retirement. “Individuals ...

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New Sacco scaling the heights through income mobilisation

By Calistus Imbayi Kakamega Rural Roads Workers (KRRW) Sacco Ltd is one of the fast-growing financial institutions in Kakamega County, having set its goals and focused on steadily scaling the heights to the top most position. The society’s income target projection for the year 2018 is Sh6, 580,000, with an average monthly income of Sh520.000. This was revealed by the ...

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Unaitas eyes bank status

By Our Reporter Unaitas Sacco, which recently opened its 25th branch in Kisumu city, is eying to become a fully-fledged commercial bank. Unaitas Chairman Joseph Kabugu said the institution has invested Sh700 million on infrastructure upgrade in readiness for commercial banking. “We are ready to go, even if the licence was to be granted today. We will simply switch on ...

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Saccos ordered to produce audit reports

By Erick Nyayiera Kisumu County Government’s department of co-operative development has ordered all cooperative societies in the region to produce audit reports or risk punitive action. County Executive Committee Member in charge Business, Industrialization and Energy Alice Moraa deplored a tendency adopted by Saccos where they produce doctored audited reports that do not depict the true financial positions of the ...

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County urged to include co-ops in development plans

By Erick Nyayiera Kisumu County leadership has been asked to incorporate the co-operative agenda in the County Integrated Development Plans to boost local Saccos. The Chairman Kisumu County Ushirika Day celebrations Edward Matoke noted that the Saccos were in great need of support and improvement services from the government hence the embedment of the cooperative agenda into the CIDP will ...

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Seek cheap loans from giant Saccos, small co-ops advised

By Erick Nyayiera Small co-operatives operating in Nyanza and Western region have been urged to consider exploiting loaning facilities from the giant Sacco organisations to maximise productivity. Western regional Chairman Ushuru Sacco Owuor Awuor regretted that most Saccos in the western and Nyanza region have suffered exploitation from the commercial banks who charge huge interests rates thereby affecting the growth ...

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Sweet potatoes farmers form society to send away bitter middlemen

By Our Reporter Tired of exploitations by middlemen sweet potatoes farmers in Migori County have joined hands to form a cooperative society to improve their earnings from their sweat. For a long period the farmers have sold their produce at low prices to brokers ending up living a miserable life. They now believe their woes would be addressed by a ...

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Sweet potatoes farmers form society to send away bitter middlemen

By Our Reporter Tired of exploitations by middlemen sweet potatoes farmers in Migori County have joined hands to form a cooperative society to improve their earnings from their sweat. For a long period the farmers have sold their produce at low prices to brokers ending up living a miserable life. They now believe their woes would be addressed by a ...

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Co-ops urged to work together

By Our Reporter Saccos in Kisumu have been urged to participate in county cooperative forums for exchange of ideas and bonding. County Ushirika Council chairman Edward Matoke  also said the cooperatives should also work hand in hand with county government to be more productive. He challenged the county cooperatives to have ball games and other sports as a way of ...

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