The Leading Newspaper for Co-operative Movement in Kenya
By Kage Njoroge Amica Sacco Chief Executive Officer James Mbui has advised cooperators to go take loans for development purposes. “Good loans help us seize investment opportunities when they arise, which give higher rate of return than the cost of loan taken,” he said. Mbui noted many Kenyans especially the youth fall into the trap…
By Wasike Elvis Deputy President William Ruto has called on maize farmers across the country to diversify and plant alternative crops. Ruto said crop diversification will help farmers increase their income base. “Let us think outside the box and plant crops such as coffee, avocado, and macadamia as they have a ready market locally and abroad,”…
By Josphat Irura IFRS 9 – Financial Instruments became effective on January 1, 2018 and immediately replaced IAS 39, Financial Instruments – Recognition and Measurement. It was meant to respond to criticisms that IAS 39 was too complex, inconsistent with the way entities managed their businesses and risks and that it deferred the recognition of…
By Jackson Okoth Safaricom Investment Co-operative has joined Ibuka, Nairobi Securities Exchange’s (NSE) premium incubation and acceleration programme for high growth companies in Kenya. The co-operative is joining the Accelerator Board of the programme following a rigorous evaluation and vetting process making it the 18th company to join the programme since its launch in December…
By Jackson Okoth As the State mulls re-opening the moribund Kisumu Cotton Mills in a bid to revive the textile industry, focus has turned to the once robust cotton growers’ co-operative societies that either shut or are struggling. Uyoma Cotton Farmers Co-operative is one of them where wrangles have bedevilled this society for the past…
By James Wakahiu Land buying firms in Ruiru and Juja sub-counties have been directed by the Ministry of Land and Physical Planning to surrender their members register, mother title, maps and other related document so that the ministry can fast track issuance of title deeds. Ruiru Sub-County Deputy County Commissioner Geofrey Ithai said the move…
Award-winning don urges government to increase agriculture budget By James Wakahiu Maize famers in the country have been losing millions of bags due to poor post-harvest practices, a Mount Kenya University researcher Donatus Njoroge has said. Njoroge said that most farmers especially small scale farmers in the country have little or no knowledge of how…
By Asa Maina 2NK Sacco recently organized a sensitization workshop for its drivers in a bid to sensitize them on road safety. 2NK Sacco Chairman James Kahiro said this was to prepare them as festive season and the closure of schools approaches. He noted that it was important for the drivers to be reminded on…
By Kamundia Muriithi An inquiry into alleged malpractices at New Kyeni Farmer’s Cooperative Society has absolved the management from the allegations, but left the farmers dissatisfied. Farmers had accused the management of the Embu-based society of various malpractices and abuse of office, which they said led growers to uproot their coffee. The row escalated to…
