How coffee farmers can be exposed to global markets

The New Kenya Planters Co-operative Union (NKPCU) has highlighted a number of ways in which coffee farmers can expand access to the international market, including market exposure through exhibitions to unlock the potential of the local industry. Giving his presentation on export marketing and farmer financing during the inaugural Cooperative Movement Stakeholders’ Annual Conference, NKPCU…

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SASRA mulls direct deduction of Sacco dues from exchequer

Sacco Societies Regulatory Authority (SASRA) has plans to create a framework that will see the National Treasury (NT) deducting funds directly from exchequer-funded entities to Saccos. SASRA Chairperson Jack Ranguma said county governments and their legislative assemblies, as well as public universities and tertiary colleges, have continued to top the list of defaulters of Sacco…

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Former Gor Mahia players mull turning welfare group to Sacco

Former Gor Mahia striker  Achieng Jared has talked of the need to turn Gor Mahia Legends Welfare Group into a Sacco. His sentiments follow Information Communication and Technology Cabinet  Secretary  Eliud Owalo’s move to pump a seed capital of Ksh1 million into the welfare group for sustainability and to enable them undertake income generating projects. “A…

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Why financial agencies need to invest in professional managers

The financial landscape in Kenya is characterized by a diverse array of institutions like banks, insurance companies and Saccos that cater to the financial needs of individuals and businesses. At the heart of the effective functioning of these organizations lies the crucial element of professional management.  This article explores the unique characteristics of banks, insurance…

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Attend SACCA Congress to enhance knowledge on cooperative policies, leaders urged

Cooperatives and Micro, Small and Medium Enterprises Development Cabinet Secretary  Simon Chelugui has urged SACCO leaders to attend the Annual Savings and Credit Cooperative Association Congress so as to exchange knowledge on cooperative policies and practices. Speaking during SACCO leaders’ consultative breakfast meeting on preparedness status for the 23rd SACCA congress organized by African Confederation…

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Twelve suspects deny Ksh166M Njiwa Sacco fraud case

Twelve suspects linked to the mysterious disappearance of Ksh166 million belonging to the Njiwa Sacco have been charged before the Kahawa Law Courts. Appearing before Senior Principal Magistrate Boaz Maura Obwewa, the suspects pleaded to 223 charges filed against them by the office of the Director of Public Prosecutions. Through their lawyers led by Danstan…

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3 data controllers fined for non-compliance with Data Protection Act

The Office of the Data Protection Commissioner has issued three penalty notices to three data controllers for failing to observe data privacy rights to data subjects and , not complying with the Data Protection Act. This has been revealed through a press released today, September 26, 2023, by the office of the data protection commissioner….

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County trains women on cooperative management for economic stability

Women in Illoodokilani ward in Kajiado West have received training on cooperative management organized by Kajiado County Department of Cooperatives. Gender, Culture and Cooperative CECM Janet Sereu said the training aims to empower women to achieve economic stability through entrepreneurship, employment and increased income through agriculture, trade and finance activities. She noted that efforts by…

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