Members have say in AGMs, says officer

By Our Reporter. As various Saccos alter and amend their by-laws to allow members to be represented through a delegates system, a section within the co-operatives system are not uncomfortable with this emerging trend. The question is whether members should retain Annual General Meetings (AGMs) as the supreme authority of a Sacco or pass this…

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Join Saccos to benefit from county funds, hawkers told

By Wasike Elvis Hawkers in the county have been urged to join Saccos for them to benefit from the funds being given by the Government. Deputy Governor Daniel Chemno also said only registered hawkers will be given space to do business, adding: “We wish all the registered members could be given identification tags which will…

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First Halal expo held in Kenya

By Amoto Dennis. The first ever Halal exhibition in Kenya came to a close at the Kenya International Convention Centre (KICC) in Nairobi recently with a call on all Muslims in the country to tap into the Halal conscious markets. Tourism Cabinet Secretary Najib Balala who was the chief guest at the expo which attracted…

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Wajir donkey owners urged to form Sacco

By Our Reporter. Buoyed by the formation of a donkey Sacco in Meru, Wajir donkey owners are under pressure to start a similar body. Reuben Wambua, the Deputy Director of Kenya Network Dissemination of Agricultural Technologies (KENDAT), says Meru Governor Peter Munya’s donkey Micro Finance has helped intergrate donkeys into the Agri – business sector….

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Uhuru urges Saccos to lead in value addition

By Dennis Amoto. President Uhuru Kenyatta has urged the Co-operative movement to support the government’s industrialization efforts by facilitating farmers engage in value addition of their produce. He said value addition would ensure farmers earned more than they would if they sold raw farm produce. The Head of State pointed out that the Co-operative movement…

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Kakamega: Farmers get Sh25m milk cooler

By Titus Wafula. Dairy farmers in Mumias East Constituency will start experiencing a massive turnaround in milk production following government’s intervention aimed at preventing losses occasioned by lack of preservative equipment. Mulembe Dairy Co-operative Society (MDCS) has received a Sh25 million 3,200 litre milk cooler from Ministry of Agriculture through Kakamega County Director of Co-operatives,…

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Team to set up single sector regulator named

By Our Reporter. National Treasury Cabinet Secretary Henry Rotich has appointed a Steering Committee that will establish the Financial Sector Authority (FSA) and oversee the merger of all financial regulatory authorities into one In a Gazette Notice Vol CXVIII No 143, dated November 18, 2016, members of the Steering Committee include Principal Secretary, National Treasury…

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Faridi Sacco declared market leader in Busia

By Richard Shichangi. Faridi Saving and Co-operative Society Ltd has been declared the market leader in savings and resource mobilization in Busia County. County Co-operative Officer, Samuel Khatenya said out of 114 active societies within the county, Faridi Sacco was identified as the best in terms of capital mobilization and asset ownership. He said Faridi…

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Low production hurts County dairy Co-operatives

By Erick Nyayiera. Dairy farmers in Siaya County are currently recording low milk production as a result of the drought which has affected the region from mid last year. Sam-Malanga Dairy Co-operative Society Manager, Japheth Ayoo said milk supply has drastically reduced thus affecting profitability. He states that as opposed to the previous period when…

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More join Saccos in Kwale County

By Tsozungu Kombe. The Kwale County Co-operatives Officer, Levina Lenjo has commended local residents for joining Saccos in large numbers, citing the case of many merry go rounds that have since turned into Saccos. The County had only one deposit-taking Sacco, Kwale Teachers Sacco, which has since rebranded to Tabasamu Sacco. This number has increased…

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