The Leading Newspaper for Co-operative Movement in Kenya
By Kamau Njoroge Members of Anchor Premier Sacco, formerly Urithi Premier Sacco, can now heave a sigh of relief after the new management rolled out plans to recover their properties that are still held up by Urithi Housing Co-operative Society Limited. The Sacco, which has been associated to Urithi, rebranded three years ago by dropping…
By Roy Hezron Professionals in the Cooperative sector have called upon the government to regulate dividend payment, especially in the Savings and Credit Co-operatives (Sacco) sub-sector, to separate success from dividends. Through the Kenya Society of Professional Co-operators (KSPC), the sector elites felt that the success of cooperatives should not be measured by the rate…
By Norah Musega museganorah@gmail.com Migori county government potato plant remain locked as farmers continue to witness losses amid harassment by middle men in the county. The project was launched earlier this year by European Union ambassador Henrietta Geiger, the then Permanent Secretary in the ministry of devolution Julius Korir and former Migori governor Okoth Obado….
By Reporter Members of the Komarock Housing society are about to settle a long-running dispute over their land following resolutions reached by members at a convened Annual General Meeting recently. The land in question has been subject to court cases which have dragged on for over a decade but now the society is braced…
By Azael Masese Kenya’s Savings and Credit Cooperative Societies (Saccos) sub-sector is among the most attractive globally according to the World Council of Credit Unions Statistical Report, 2021. Out of 118 member states, Kenya emerged among the top ten in deposits and shares, asset base, loan book, membership, and the number of credit unions and…
By Kamau Njoroge Consulting firm KCL has announced its partnership with Canadian firm Grand Challenges Canada (GCC) in its role as an enterprise support organisation for GCC’s latest request for proposals. The call for proposals is targeting innovative ideas in the climate and health nexus as it seeks bold solutions that address the human health impacts of climate change in low-…
By Mutuvi Janet Integrated Community Organization for Sustainable Empowerment and Education for Development (ICOSEED) has urged farmers in Kirinyaga County to embrace biotechnology in farming activities to boost food production and fetch more profit. Patrick Gitari, chairperson of ICOSEED has said that farmers will be taken through by the non-governmental organization on how GM technology…
By Kamau Njoroge Karibu Kenya Ventures Limited, a regional microfinance company based in Thika, has rebranded into Incredo Finance as it seeks to spread its wings in the financial services industry. The microfinance, which mainly targets Micro, Small and Medium Enterprises (MSMEs), is seeking to grow its customer base to 50,000 in a span of…
By Obegi Malack obegimalack@gmail.com The Central Bank of Kenya (CBK) has announced reinstatement of charges on transactions between mobile money and bank accounts starting January 1, 2023. The charges were waived on March 16, 2020 as part of the emergency measures to encourage the use of mobile money at the height of the Covid-19 pandemic….
By Peter Otuoro Stakeholders in the cooperative movement aired the major challenges facing the movement to the new government through the new Cooperatives & MSMEs CS Simon Chelugui and PS Patrick Kilemi. Speaking during a consultative meeting on the realignment of cooperative and Saccos activities held by the Cooperative Alliance of Kenya at Sawela hotel…
