The Leading Newspaper for Co-operative Movement in Kenya
By Wakahiu Muthoni and Joseph Mukubwa. The business community has called on the Government to safeguard their investments from political upheavals. Speaking to the press in Thika town recently, Urithi Housing Society Chairman, Samuel Maina said the recent political demonstrations had caused uncertainty, thereby seriously affecting their businesses. “The Government should secure our businesses from…
By Munene Maina. NyandaruaGovernor Francis Kimemia has urged the County Assembly to legislate on proposed Nyandarua County Co-operatives Bill which seeks to set up a fund to reinvigorate co-operatives in the county. The Governor said some of the existing legislation would be amended to enhance service delivery to residents and empower farmers and other agriculture-oriented…
By Mary Wanjiru Ndung’u. Savings and Credit Co-operative Society’s (Saccos) membership recruitment is an ongoing process that requires planning and a well thought out strategy. The reasons as to why Saccos need to constantly recruit is so as to grow their membership base, maintain their relevance and strengthen their financial muscle. Recruiting is the lifeblood…
By Godfrey Wamalwa. Ng’arisha Sacco, formerly known as Bungoma Teachers Sacco, recently held a week-long Education Day to enlighten 13,000 members on its goals and achievements. The members are drawn from teaching fraternity, micro-credit, retirees, and county government staff among others. During the well-attended event, the management highlighted sacco’s achievements and challenges as well as…
By Fred Sitati. Serious concern and apparent sense of hopelessness has been expressed by the Kajiado leaders over the perennial drought that has continued to threaten the livelihoods of the residents who are largely dependent on livestock keeping for a long time. The matter is further compounded by the infiltration of middlemen who buy…
By Jackson Okoth. It is a race against time for Sacco loan defaulters as the noose tightens on their necks. This follows recent disclosures by the Principal Secretary, Ministry of Industry, Trade and Co-operatives Ali Noor Ismail that the Ministry is working on a plan together with the Central Bank of Kenya (CBK) and the…
By Dennis Bett. Matatu Saccos in Nandi County have pledged to pay taxes so as to enable the Government improve service delivery to the residents. Matatu operators who fall under six Saccos operating in Kapsabet main bus station and other bus stations across the county had rejected a mandatory payment of taxes since December 2016…
By James Wakahiu. The Chairman of Central Rift Boda boda Association, Stanley Kitetu has urged operators in the country to join the co-operative movement and improve their living standards. Kitetu who leads over 20, 000 members said the co-operative movement had transformed the lives of many Kenyans and boda boda operators should not be left…
By James Wakahiu. Urithi Housing Co-operative Society has acquired 200 acres of land in Machakos County. The land in Tala will be sold to members at introductory price of Sh175, 000 for a 1/8, Sh330, 000 for a ¼, Sh640, 000 for ½ and Sh1.2m for an acre. Urithi Sales Manager, Gabriel Ng’ang’a he said…
By Azael Masese. Mobile and agency banking platforms are key areas where Savings and Credit Societies (Saccos) will invest in stand alone Automated Teller Machines (ATMs) emerging as least among their priorities. The sub sector is increasingly embracing new technologies to rope in the unbanked population and drive upwards their much desired growth. Yetu Sacco,…
