SACCO

Ministry, cooperatives should seriously focus on fifth cooperative principle

By Paul Ngugi Ruo Education, training and information, the fifth Cooperative principle, was established and adopted by the International Cooperative Alliance and later embraced locally through the enactment of the Cooperative Act. The goal and objective of this principle is to ensure that cooperative members understand their responsibilities and rights. The principle is to also…

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Why we should have mentors

By Victor Ochieng’ In the book Managers as Mentors, Chip R. Bell uses the acronym SAGE to summarise mentorship.  ‘S’ stands for surrendering. This entails the leveling of learning and the kindling kinship as the mentor establishes rapport with mentee. ‘A’ connotes acceptance. This is the creation of a safe haven for risk-taking. The process…

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Why the Mandate of the State Department Of Cooperatives (SDC) Should be Enhanced to Adequately Respond to the Changed Circumstances

President released the Executive Order No. 1 of 2022 on 13th October 2022 in which he outlined the functions of the various government Ministries and State Departments. One noticeable change is the relocation of the headquarter of the (new) Ministry of Cooperatives and Micro, Small and Medium Enterprises (MSME) Development from NSSF Building to Teleposta…

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SACCO

Inter-Sacco information sharing necessary to tame Cyber-crime threats

By David Kipkorir In a competitive corporate world, mostly driven by commercial interests, no stakeholder alone can sustainably identify and address all the cyber threats of the fast‐changing digital landscape. A cooperative becomes need of the hour to improve the overall collective cyber-resilience of the digital ecosystem. Intelligence sharing between stakeholders of cyber security is…

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