SACCO

CA raises alarm over increased cybersecurity attacks

The Communications Authority of Kenya (CA) has raised concern over the high number of cyber security attacks, which rose from 7.7 million in 2018 to 444 million in 2023. Speaking in Kisumu during the awards ceremony of the Kisumu edition of the Authority’s cyber security bootcamp and hackathon series 2023, Internal Audit Director Rosalid Muriithi…

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SACCO

Govt has made tremendous progress in coffee reforms, Coop PS reveals

Co-operatives and Micro, Small and Medium Enterprises (MSMEs) Development Principal Secretary Patrick Kiburi Kilemi has revealed that the government has made tremendous progress in coffee reforms that will see revival of the struggling sub sector. Speaking during the Kenya Coffee Trade meeting, the PS said the government is committed to reform the sub sector and…

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SACCO

CAK initiates empowerment project for women, youth in dairy sub-sector

The Cooperative Alliance of Kenya (CAK) has started a project to train Trainer of Trainers (ToTs) to support rural women and youth in the dairy sub-sector and empower them to become champions of animal nutrition and breeding programmes. Dubbed ‘Strengthening Agricultural Knowledge and Innovation Ecosystem for Inclusive Rural Transformation and Livelihoods in Eastern Africa’, (AIRTEA),…

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SACCO

Chelugui orders SASRA to safeguard Sacco members’ interests

Saccos Societies Regulatory Authority (SASRA) has been asked to ensure interests of all Sacco members are protected and that adequate revenues are generated. Cabinet Secretary (CS) for Cooperatives and Micro, Small and Medium Enterprises Simon Chelugui asked SASRA CEO Peter Njuguna to also ensure that members comply with all the basics that govern Cooperative societies….

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SACCO

Change beckons as KUSCCO boss hints at coops forming federations

All Cooperatives will in future become federations and subscribe to an apex body, group managing director of the Kenya Union of Savings and Credit Cooperatives (KUSCCO) George Ototo has hinted. A restructured Cooperative sector will ensure sustainability and viability as it will solely depend on the subscription of the cooperative members. Ototo revealed this while…

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Govt drums up support for law to control livestock sub-sector  

The government is pushing for a law that will regulate training, registration and licensing of animal production professionals and technicians in the country. The proposed Animal Production Professionals and Technicians Bill 2023 is set to offer an enabling environment for the development and regulation of the livestock industry, and to effectively address the modern challenges…

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SACCO

Utilize loans for intended purpose, Sacco members told

Savings and Credit Co-operative Society (Sacco) members have been urged to make good use of the loans they take from their respective Saccos for the intended purpose for their growth. According to Ufanisi Deposit Taking (DT) Sacco Society Chief Executive Officer (CEO) CPA Frederick Abuyabo, Sacco members should be trained about the loans’ intended purpose…

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