The Leading Newspaper for Co-operative Movement in Kenya
Dangote plans to invest about Ksh2 trillion in a proposed 700,000 barrel per day oil refinery in Lamu, with construction set to begin in October 2026. The project is expected to take four years to complete and will be financed through 30 percent equity and 70 percent debt. The refinery is expected to strengthen Kenya’s…
Senators questioned Cooperative Commissioner David Obonyo over oversight failures after KUSCCO’s loan book was found overstated by more than Ksh7.6 billion. Obonyo said an inspection triggered by member complaints led to forensic investigations that pointed to alleged collusion among senior KUSCCO officials. The committee also flagged regulatory gaps, audit oversight concerns, inadequate funding and staff…
KTDA is exploring green hydrogen as a clean energy source and potential feedstock for fertiliser production in Kenya’s tea sector. Its officials completed a five day green hydrogen training programme at Dedan Kimathi University of Technology, sponsored by GIZ. The initiative aims to improve energy efficiency, assess investment opportunities and support sustainable tea production. Kenya…
KUSCCO and SITPA will host the inaugural Sacco ICT Summit 2026 in Mombasa from August 24 to 28. The summit will focus on digital transformation, ICT governance, cybersecurity and technology procurement in the Sacco sector. Participants will develop standards for vendor vetting, ICT talent recruitment and protection of Sacco member data. The Kenya Union of…
Kaimosi centre to equip farmers with modern farming skills and technology. Training will promote climate smart practices and boost productivity. Government says innovation and skills are key to Kenya’s food security. The Government has commissioned the Kaimosi Agricultural Training Centre, a move officials say will equip farmers with modern skills and climate-smart practices as Kenya…
Ukristo na Ufanisi DT Sacco has opened eight positions, six direct sales representatives and two call centre agents. Applications should be submitted by August 17, 2026, with candidates required to send their CVs and application letters via email. The Sacco serves more than 32,000 members, has an asset base of Ksh2.2 billion and continues to…
IG Sacco assets rose 12% to Ksh16.4 billion, earning it three national Ushirika Day Awards. Loans grew 14.8% to Ksh14.1 billion, while membership increased to 29,430. The Sacco maintained zero external borrowing and a 3.1% non-performing loan ratio. Invest and Grow (IG) Sacco Society Limited’s total assets have grown to Ksh16.404 billion, up from Ksh14.644…
Boresha DT Sacco Society Ltd has financed electric motorbikes for milk delivery riders at Sabatia Farmers Cooperative Society (FCS), boosting green transport in the dairy value chain. The financing allows riders to swap fuel powered motorbikes for electric ones, cutting emissions while speeding up milk collection from farms to collection centres. The move aligns with…
Six sugar suppliers have sued the government for Ksh173.58 million they claim is owed after South Nyanza, Chemelil and Muhoroni sugar mills were leased to private investors. The businesses argue their outstanding claims were not addressed during the 30 year leases and want compensation, interest and lost profits. They are asking the High Court to…
Agriculture CS Mutahi Kagwe says the proposed 0.8% tea levy will be paid by buyers, not farmers, and will not reduce grower earnings. The levy will support farmer payments, research, infrastructure and marketing as Kenya seeks to protect tea through a Geographical Indication. Agriculture Cabinet Secretary (CS) Mutahi Kagwe has said the proposed 0.8% tea…
