County to introduce Revolving Fund to boost cooperatives

Kajiado County Executive Committee Member for Gender, Cooperatives, Culture, Tourism and Wildlife Janet Serio has revealed that plans are underway for the county to introduce a revolving fund to boost cooperatives and revive dormant Saccos. Speaking during the regional Ushirika Day celebrations, Serio said the government is committed to supporting cooperatives since they plan an…

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SACCO

County to hire more auditors to boost efficiency in Sacco inspections

Nandi county governor Stephen Sang has expressed concern over the lack of adequate auditors in the region to increase efficiency of inspections in co-operatives. Speaking during the Ushirika day celebrations held at Kapsabet A.I.C Bible college grounds in Nandi county, the governor argued that lack of adequate auditors in the region is one of the…

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SACCO

MUSCO insolvency: How billions were lost to outrageous investments

The one time vibrant Moi University Savings and Credit Cooperative Society (MUSCO) is now on its deathbed.  The Sacco’s MUSCO Towers, a commercial building in Eldoret town, will forever bring back painful memories to the thousands of Sacco members who are not sure whether they will ever recover their hard earned cash they pumped into…

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SACCO

Nehemiah Suge: resolute father of co-operative movement in South Rift

The successful growth of most Saccos in Kericho and Bomet counties can be traced back to serious commitment by a few ambitious elders. Most of the prominent businessmen today in Kericho County started in a trade known as “Kipsigirio”, which is the use of donkeys to transport commodities. Others were pioneer teachers, while some were the…

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Tea Act 2020 to be implemented soon, Gachagua assures stakeholders

Deputy President Rigathi Gachagua has assured tea farmers that the government is in the process of implementing the Tea Act of 2020 sponsored by Kericho County Senator Aaron Cheruiyot. Speaking during the closing ceremony of a three-day conference dubbed, “Mkulima Kwanza” held at the Kericho Golf Club, the DP noted that implementing the Act will…

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