Simon Chelugui (centre), Cabinet Secretary for Micro, Small and Medium Enterprise Development and Patrick Kilemi Principal Secretary Cooperatives (right), welcomed to the 51st AGM of the Kenya National Police DT SACCO by National Chairman of the SACCO David Mategwa. Photo: Felix Wanderi

Cooperatives asked to adopt technology, strategic innovations for excellence

Savings and Credit Co-operatives Societies (Saccos) have been called upon by the Government to embrace innovation and devise strategies that will propel cooperatives towards continued excellence. Speaking during the Kenya National Police DT SACCO 51st Annual Delegates Meeting held in Serena hotel in Nairobi this February, Simon Chelugui Cabinet Secretary for Cooperatives, Micro, Small and…

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Embrace technology to increase visibility, Chelugui advises Saccos

Savings and Credit Cooperative Societies (Saccos) across the country have been challenged to embrace innovation and technology. The Cabinet Secretary for Cooperatives and Macro Small and Medium Development Simon Chelugui noted that doing so will help Saccos to increase their accessibility and visibility. He was addressing the 9th Annual Sacco Leaders Convention Meeting in Mombasa…

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Market Day Traders Savings and Cooperative Society members during the AGM at Aram market in February 2024.

One-year-old Sacco becomes youngest to hold AGM this year

The Market Day Traders Savings and Cooperative Society has become the youngest to hold an Annual General Meeting (AGM) this year. The fast growing Sacco which is barely one-year-old has surprised players in the cooperative industry due to its fast paced growth in the fast changing trends within the sub sector. According to the Chairman…

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Taita Taveta County ACK Diocese bishop, Rt. Rev. Liverson Mung'onda (left) addressing the press in February 2024. He is flanked by Five Talents Board Chairman RT. Rev. Dr. Joseph Muchai.

Join Saccos to secure affordable loans, NGO tells Taita Taveta residents

Five Talents Kenya (FTK) Board Chairman Rt. Rev. Dr. Joseph Muchai has asked the residents of Taita Taveta County to consider joining Cooperative Societies which he said will go a long way in uplifting their lives through affordable loans. “While in Sacco, it’s very easy for you to get a loan unlike when you need…

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Amica Sacco Chairman Hezron Muchira

Murang’a Assembly advised to make laws that will empower Cooperatives

The co-operative sector is one of the key economic drivers which contribute hugely to social and economic development in Murang’a County. In this consideration, the Murang’a County Assembly has been challenged to craft legal frameworks which would enable this crucial sector to upscale performance. According  to the chairman  of Amica Sacco  Society, Hezron Muchiri,  county…

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Filgona Ooko, the Director in the State Department for Crops Development who was representing the PS, speaks to journalists after the launch of subsidized fertilizers at Voi NCPB deport recently.

Taita Taveta farmers asked to register for subsidized fertilizers

Farmers in Taita Taveta County have been asked to take advantage of the subsidized fertilizer programme sponsored by the government to maximize food production ahead of the planting season. Speaking during the flagging off of the subsidized fertilizer at Voi National Cereals and Produce Board (NCPD) deport in Voi, Chief of Staff (CCO) for Agriculture,…

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Commissioner for Co-operative Development David Obonyo (right), Hazina Sacco National Chairman Evans Kibagendi (centre) and Director Paul Mwangi during Hazina Sacco ADM in Nairobi recently. Photo: Obegi Malack

Hazina Sacco members told to focus on affordable loans

Commissioner for Co-operative Development David Obonyo has challenged Savings and Credit Cooperative Organizations (Saccos) members to focus on getting affordable loans from their Saccos rather than high dividends. Speaking during the recently concluded Hazina DT Sacco Annual Delegates Meetings (ADMs) in Nairobi, he asked members to have long term investments through the Saccos, since co-operative…

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Respected don asks co-operatives to accept mergers for fast growth

Deputy Vice Chancellor Finance Planning and Administration at the Co-operative University of Kenya (CUK) and career cooperator Prof Esther Gicheru has called for mergers in the co-operative sector if better governance and management have to be achieved. In her presentation titled ‘The Contribution of the Cooperative Business Model in Development: Practices and Opportunities’ to the…

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