The Leading Newspaper for Co-operative Movement in Kenya
By Vostine Ratemo Farmers have opposed the move by the state to privatise milk processor New Kenya Co- Operative Creameries (New KCC), warning that the plans will be a burden to them. In the year 2019, the government suspended plans to privatise the New KCC, being apprehensive about leaving the key dairy sector completely in…
By Wasike Elvis Uasin Gishu Governor Jonathan Bii has called on the leadership of various county Cooperative Societies to instill good governance. Speaking at the County headquarters during a meeting with cooperatives leaders to ensure the societies keep running as they have proven to be among key sectors that contribute immensely to the growth of…
By Enock Okong’o Kisii County Woman Representative Doris Aburi has revealed plans to unveil a county Sacco exclusive to women in the region that is aimed at empowering them. Kisii County Mums Sacco will be the name, with operational logistics being at an advanced stage to pave way for its launch once they are finalized. She announced…
By Felix Wanderi Nyeri Governor Mutahi Kahiga has called on Newfortis sacco members to protect the sacco from political interference. Mutahi speaking at Nyamachaki primary school grounds during the Newfortis sacco 47th annual general meeting said that those interested in politics should quit the sacco and enter the political arena so that they can square…
By Our Reporter Mwalimu National Sacco have lost an appeal seeking quashing of sh 44.9 million tax demand by government. The High Court Justice David Majanja dismissed the petition detailing that an appellate court dealing with matters of law cannot engage in a factual exercise as it will be usurping the powers of the tax…
By Obegi Malack The National government has agreed to re-introduce the cooperative bill which was rejected by last parliament. Cooperatives and micro, small and medium enterprise cabinet secretary Simon Chelugui said they are committed to reintroduce the bill after a meeting with the council of Governors in Mombasa. Bungoma Governor Kenneth Lusaka who is also…
By John Majau Kenyans have continued to borrow from the Hustler Fund, with more than Ksh15.9 billion being disbursed by yesterday. Cooperatives and Micro and Small Enterprises Cabinet Secretary (CS) Simon Chelugui said more than 18.4 million Kenyans have subscribed to the fund while over Ksh 7.7 billion has already been repaid. The CS said 5.6…
By Our Reporter Police were forced to intervene and stop a meeting called by the Kimiti Housing Cooperative Society in Matungulu sub county of Machakos county. This is after some of the Sacco members began demonstrating against the society committee. They told Sacco review that they have no trust with the committee and needed elections….
By Fred Sitati The liberalization of the Cooperative Sector vide Sessional Paper No 6 of 1997 titled Cooperatives in a Liberalized Economic Environment gave Saccos a chance to rebrand to grow and enhance their competitiveness in the liberalized market. They rebranded by developing strategic plans that prioritize short and long term measures of achieving intended…
By George Otieno Cooperative Commissioner David Obonyo has called for a paradigm shift on how Saccos conduct their businesses, warning that relying on the check off system is no longer tenable. Most Saccos, Obonyo stated, were employee based Saccos that depended on a check off at the end of the month to give loans that…
