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Farmers in various cooperative societies across Machakos County stand to gain following the huge allocation for the agriculture sector in the county’s Ksh14.75 billion 2023/2024 budget proposal. County Finance Executive Committee Member Onesmus Kuyu said agriculture was allocated Ksh904 million to enable farmers access affordable agricultural inputs, add value to their produce and enhance marketing…
Rose Wambua, a former senior banker at the Cooperative Bank of Kenya, has advised livestock farmers to have farm insurance covers for their cattle. Wambua said the move ensures farmers who lose their animals due to drought receive compensation to either allow them to restock faster or invest in other productive activities. “Livestock insurance aims…
Charles Omwansa, the CEO of the giant Gusii Mwalimu Sacco, has called it a day. Omwansa, who has three decades of experience in the Sacco sector, has left the institution with a rich and unrivalled legacy. The Sacco held a retirement party at Monarch Hotel in Kisii County which was graced by other Sacco members,…
Savings and Credit Cooperative Societies (Saccos) are increasingly following in the footsteps of commercial banks by using personal security such as title deeds and log books, instead of guarantors, when issuing loans. An analysis by Sacco Review indicates that the number of Saccos giving members the option is on the rise and that the new…
Cooperative movement stakeholders are gearing up to celebrate the 101st International Day of Cooperatives (Ushirika Day) on July 1, 2023 at the Kenyatta International Convention Centre (KICC). The event which is themed “Cooperatives for Sustainable Development” will be graced by President William Ruto as the chief guest. Since 1923, cooperatives from around the world have…
The last couple of weeks, my landlord Makaveli has been a close friend of mine owing to several issues that have been occurring in his life. I call him friend with some hesitation. Though not an enemy, I may pass him as a friend to cope the best way I can or else ship out….
Education, training and information, the fifth Cooperative principle, was established and adopted by the International Cooperative Alliance and later embraced locally through the enactment of the Cooperative Act. The goal and objective of this principle is to ensure that cooperative members understand their responsibilities and rights. It also seeks to ensure cooperatives educate and train…
Fish farmers in Vihiga County have a reason to smile after the county government established its own largest facilities in the country, Mwitoko Fish Hatchery and Aquaculture Training Centre, from where they will get quality and certified fingerlings at subsidized prices. Initially, farmers had no source of certified fingerlings, having to get it from distant…
Imarika Sacco in Kilifi County has elected John Ziro as new chairman , who previously served as Sacco vice chairman and as honorary secretary. Speaking to Sacco Review in Kilifi town recently, Sacco Chief Executive Officer (CEO) George Yongo Ngala said that the changes came during the society’s Annual General Meeting (AGM) held at Travellers…
Two new directors have joined the Kenya Society of Professional Co-operators (KSPC) after a successful election during the Society’s hybrid Annual General Meeting (AGM) held recently in Nairobi. Edward Kinyungu and Dr. Lydia Omamo, the National Co-operative Business Association CLUSA International (NCBA-CLUSA) Country Director , replaced Stephen Otieno and Dr. Nelson Kuria who retired after…
