rift valley

Kericho Saccos urged to form bank

By Benedicto Ng’etich     Savings and Credit Co-operative Societies in Kericho County have been challenged to form a local bank. Kericho Deputy Governor Susan Kikwai noted that Saccos in the county and the neighbouring Bomet County are well-established and stable to form a strong financial institution. She was speaking during the 97th International Cooperative Day celebrations held at the Kericho Primary ...

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Farmers welcome President’s order to have KFA, KPCU revamped

By Dennis Bett Farmers from the North Rift region have welcomed President Uhuru Kenyatta’s order to revamp the Kenya Farmers Association (KFA). The KFA Director, Kipkorir Menjo, accompanied by other farmers’ representatives, Jackson Chemweno and Joseph Tanui, said the President’s order was long overdue. Menjo said farmers representatives from Uasin Gishu County will be travelling to Nairobi to meet the ...

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Sacco members dwindle as multinationals lay off staff

By Benedicto Ng’etich Kericho County Director of Cooperatives Leonard Otii has advised Saccos affiliated to giant multinationals to device other means of survival in the face of dwindling membership. Otii expressed fear over the survival of the societies after the parent companies started early retirements of employees due to what has been seen as the nega­tive effects of massive mechani­zation ...

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Tussle rocks the relocation of coffee co-op factory

By Talarus Chesang Baringo coffee farmers have opposed ongoing plans to relocate a multi-million coffee factory from Katimok Forest in Baringo North to Koibatek Agricultural Training Centre (ATC) in Eldama-Ravine. Residents put on the spot the County Governor Stanley Kiptis over earmarked relocation of the Sh100 million-worth coffee factory. “Construction of the modern Coffee Milling Plant is now set to ...

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Pokot Youth Bunge supports education

By Martin Ruto Pokot Youth Bunge Organisation has made great strides in supporting education in West Pokot County. The organisation started its programme through piloting two zones in the county which include Kishaunet zone and Chemwochoi zone. The major aim of the Pokot Youth Bunge Organisation is to supply primary schools with learning and teaching materials which will aid pupils ...

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Profitable Saccos urged to assist struggling marketing societies

By Benedict Ng’etich Strong and established savings and Credit Societies in Kericho County have been urged to assist small marketing societies by giving them soft loans. The Kericho County Director of Co operatives Leonard Otii pleaded with the strong saccos to extend the support in order to grow their businesses reach and also lift the struggling Saccos. “I thank some ...

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Youth turn WhatsApp group into a Sacco

By Dickson Kipsang A section of Nandi youths have created an awe inspiring tale by converting a WhatsApp group into a Savings and Credit Co-operative Society Limited aimed at empowering members economically. The group known as Maskani WhatsApp Group was officially converted into Maskani 029 Sacco as a result of a resolution passed during the second annivesary of the WhatsApp ...

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Beware cyber attacks, societies warned

By Kephas Ayiecha Cyber crime has been cited as a major threat to the growth of deposit taking co-operative societies in the country with most of them incurring huge losses owing to inability to procure sophisticated security systems to contain the vice. This was revealed during Ushirika Day celebrations in Trans Nzoia County recently. The Chairman of the Trans Nzoia ...

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Sh315m to be loaned to co-operatives

By Wasike Elvis Uasin Gishu County Government through the Ministry of Cooperative Enterprise Development is poised to ensure that people in co-operatives are empowered financially through giving loans. According to the CEC in charge of Co-operative Development Esther Mutai Sh315 million has been set aside to be disbursed to Co-operatives societies in form of loans this financial year. “Our aim ...

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Disband union, co-operatives urge

By Munene Maina Barely amonth after National Coffee Co-operative Union (NACCU) affirmed its support for Coffee Sub-sector Implementation Committee led by Prof. Joseph Kieya, Kericho Coffee Co-operative Societies have called for its disbandment. The societies said a fresh committee should be constituted to include farmers’ representation and coffee experts to ensure sustainable and profitable coffee sub-sector. “We object the composition ...

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