The Leading Newspaper for Co-operative Movement in Kenya
Fredrick Odiero The Kisumu County Government has called upon youths who are engaged in various enterprises to form Savings and Credit Cooperative Societies (SACCOS) in order to advance their activities. The Director of Co-operatives, Trade and Enterprise Susan Kanga said Saccos when formed will ensure youths borrow credit and other facilities from the government. Addressing youth…
BY ANDANJE WAKHUNGU Officials at the Malava Teachers Housing Co-operative Society have come out to strongly condemn the utterances by the region’s Kenya National Teacher’s Union (KNUT) that there were misappropriation of funds at the co-operative, terming the allegations as propaganda meant to portray them as corrupt. They cited that, there were plans by the…
By Boniface Mulu The Kitui County Poultry Traders Savings and Credit Cooperative Society Limited has constructed a chicken abattoir at a cost of Sh4.2 million. The abattoir is at the Wikililye market in Katulani region of Kitui County. The amount is part of the Sh9.8 million funding by the National Agricultural and Rural Inclusive Growth…
Meet George Mungai Njoroge. He is the vice chairperson of a Bodaboda Sacco in Murang’a County. He shares with Malachi Motano how the Sacco that was formed only five years ago has become a source of inspiration after transforming the lives of its members who are majorly the youth. “It is high time for youths…
By Gilbert Kobi Kisii County Commissioner for Co-operative Development, Pamela Kemunto has urged parents to support their children to embrace the culture of borrowing loans, making investments and saving in Savings and Credit cooperative (Sacco) societies to boost their incomes and strengthen the societies. The Commissioner challenged the parents to secure loans from the Sacco societies…
By Cally Imbayi Fish farmers in the Lake Region Economic Bloc(LREB) which include Kakamega, Kisumu, Siaya, Kisii, Bungoma, Busia, Bomet, Vihiga, Migori, Homabay, Trans-Nzoia, Nyamira,Kericho and Nandi will have ease in storing, processing and selling their fish as a fish processing plant is opened in Kakamega. The Kakamega County Fish Processing Factory that was commissioned…
By Malachi Motano David Obonyo has become the new Co-operative Commissioner replacing Geoffrey Njang’ombe who is set to retire later this year after an illustrious career in civil service spanning to over 32 years. Njang’ombe succeeded Didacus Ityeng’ who was appointed under acting capacity as Commissioner in 2019, which he held the position for…
By Malachi Motano Stima Sacco has partnered with the Kenya Mortgage Refinance Company (KMRC) to offer low-cost home purchase loans to its 14,000 members, most of who are drawn from the energy sector. The sacco will now offer the mortgages at 9 percent per annum on a reducing balance for members in formal employment. Those…
By Malachi Motano Co-operative Alliance of Kenya (CAK) has organised training on taxation, cybercrime risks and preventions for leaders and general Co-operatives stakeholder to help reduce the rising criminal activities brought about by the fast changing technology. “It has been a year since Kenya registered the first case of Covid-19. The news changed how we…
By Fred Sitati Cooperatives, by their very definition, are formed to serve the socio-economic and cultural needs of their members. However, the majority of cooperatives in Africa are agro-based and financial in nature while aspects of social services are given a wide berth. In view of the challenges facing humanity globally courtesy of Covid-19 pandemic,…
