The Leading Newspaper for Co-operative Movement in Kenya
By Wasike Elvis Uasin Gishu County Cooperatives and Enterprise Development Executive Esther Mutai has challenged counties to support the cooperative movement. Speaking in Eldoret town recently, Mutai said this is the only way the country’s economic growth would be propelled to greater heights and subsequently empower the locals. “We should embrace the culture of saving…
By John Majau A worldwide coffee roasting company, Illy Caffe Spa, has shown interest in buying coffee from Meru County. The company’s coffee buyer, Stefano Scanferla, recently visited Meru County Coffee Millers Co-operative Union (MCCMCU) for a fact finding mission. MCCMCU is the only coffee union licensed to mill coffee and market at the same…
By Erick Nyayiera Siaya County government is seeking to formulate a legislation that will legalize the production, sale and consumption of chang’aa. According to the County’s Executive Committee member for Enterprise and Industrial development Jaoko Oburu, they have already established a liquor directorate that is currently checking on the required standards before they can legalize…
By Erick Nyayiera There is need for a uniform legislation to help manage the operations and management of co-operative societies. Kisumu County Co-operatives Commissioner Zephaniah Osok has observed that whereas the co-operative movement was fully devolved, counties have demonstrated lack of capacity to initiate and oversee improvement in the key sector. He opined that a…
By Andanje Wakhungu The County Government of Kakamega will spend over Sh 380 million in the purchase and distribution of subsidized maize and fertilizer to farmers. Deputy Governor Professor Philip Kutima stated that it was time the county started looking for alternative sources of income apart from the maize and cane farming. “We have already…
By Jackson Okoth Saccos in Nairobi have been challenged to position themselves and take advantage of the State’s Big Four Agenda investments especially on the housing sector. Nairobi County Executive Committee (CEC) Member in charge of Co-operatives, Wachira Gichohi, urged co-operative societies to position themselves to contribute towards achievement of the housing pillar in national…
By Rosemil Oduor Members of the co-operative societies will now have the responsibility of determining how long their leaders hold positions, acting Commissioner for Cooperatives Didacus Ityeng’ has said. He said with the introduction of a new draft co-operative policy, co-operatives will have more self-regulation. The new policy will only allow for government interference in…
Sacco paid dividends at 4% this year while interest on deposits at 5.5% this year. By Jackson Okoth A change in its executive suite, which saw the recruitment of a new Chief Executive Officer as well as Head of Finance, Investment and Strategy, combined with surgical spending cuts, is finally paying off for the giant…
By Rosemil Oduor President Uhuru Kenyatta is set to launch a Sh110 million banana processing and value addition plant in Taita Taveta. The plant is to be constructed with a grant from the European Union. Taita Taveta Banana Farmers’ Co-operative Society (TATABA) chair Constantine Malai asked farmers to embrace banana planting so as to enjoy…
By Jackson Okoth The curtain has already come down on the Annual Delegates or General Meetings by members of Deposit-Taking Saccos, this publication provides you with a list of some of the most rewarding financial societies in terms of what they paid members as Dividends on Share Capital as well as rebates or Interest on…
