The Leading Newspaper for Co-operative Movement in Kenya
President William Ruto has lauded the unique nature of the cooperative business model of aggregating human and capital resources for informing his administration’s economic transformation agenda. The president revealed that since Saccos focus on uplifting Kenyans at the bottom of the economic pyramid, his administration decided to use them to help in economic transformation. He…
Beach managers have asked President William Ruto to include the fishing sector in his fiscal plans and rename the Ministry of Agriculture and Blue Economy to include Fisheries and Aquaculture. Led by National Beach Management Units (BMU) Chairman Tom Guda, the fishermen claimed that the fishing industry contributes about 1 per cent of the national…
In this fast changing and dynamic labour market, it is essential for employees to communicate effectively with each other for better understanding as well as increased productivity. Employees who do everything on their own get overburdened to the extent of failing to deliver on their intended targets and results. It is therefore critical to note…
President William Ruto will preside over the eighth annual Meru Dairy Cooperative Union Farmers Field Day tomorrow at Gitooro showground, Meru county. The event, which has been organized by the country’s second biggest milk processor, will also be graced by Deputy President Rigathi Gachagua, 30,000 dairy farmers , experts, service providers, manufacturers and institutions offering…
Mombasa County has witnessed major growth in the number of savings and credit cooperative societies (Saccos) as residents embrace new ways to uplift their living standards. County Cooperative director Nelson Nyoro said some 30 new Saccos were registered by Cooperative Development ministry between July last year and March this year. Among the cooperative societies registered…
Co-operative societies in Kisumu County have been urged to join Sacco Societies Regulatory Authority (SASRA) to improve their financial situation.The officer in charge of cooperatives in Kisumu Central sub-County Philip Akama said they would organise a meeting for members in order to educate them on the importance of being a member of SASRA, a body…
Cooperatives Cabinet Secretary Simon Chelugui has underscored the need for the government to mobilise available resources to generate revenue rather than depend on borrowed funds. Chelugui noted that Kenya has a lot of untapped resources which should be tapped into to generate revenue. “We can mobilise our own savings to invest in express highways, water…
Some 1,200 members of a farmer’s cooperative society in Homa Bay County have lauded plans by Kenya Breweries Ltd (KBL) to raise payments for sorghum farmers in the region. Elisaphan Ager, the chairman of Karachuonyo Lolwe Rume Cooperative Society said the move will go a long way in boosting the morale of sorghum farmers in…
Property developers of mega housing projects have decried the rising cost of building materials, saying it could make realization of affordable housing impossible. Safaricom Investment Co-operative chairman Peter Gichangi said that the government should cushion developers from high increases in the cost of inputs such as steel and cement among others to enable them undertake…
Personal finance refers to a financial management process which an individual or a family unit engages in to budget, save and spend financial resources over a given period of time, considering various financial risks and future life events and expectations. Financial experts argue that personal finance literacy is critical in helping an individual make rational…
