The Leading Newspaper for Co-operative Movement in Kenya
KUSCCO has spent the week training SACCO leaders on budgeting, liquidity management and cost control, while Supervisory Committee members have been sharpening their oversight skills. The combination is telling: financial performance is not just about raising more money. It is also about how SACCOs plan, control costs, manage liquidity and keep management accountable. READ MORE: …
Kenyan businesses are increasingly absorbing rising production and operational costs as they seek to retain customers amid growing price sensitivity and weakening purchasing power. The strategy is intended to protect sales volumes and prevent customers from switching to cheaper alternatives, but it is putting pressure on firms’ profit margins as fuel, transport, energy and raw…
Kindiki warns fragmented standards are making it harder for African businesses to trade across borders. Small and medium enterprises are bearing the cost of repeated testing and certification. Kenya backs ARSO efforts to achieve one standard, one test and one certificate across Africa. Deputy President Kithure Kindiki has called on African countries to harmonise product…
Kathonzweni Dairy receives new cooling equipment to help curb milk losses. The machine is expected to improve milk quality and farmers’ access to better markets. Farmers are set to benefit from reduced post production losses and better returns. In order to save farmers from incurring losses in milk production, Chairman of Special Economic Zones Fred…
Government moves to fast track completion of the first eight County Aggregation and Industrial Parks Meru, Embu, Kirinyaga and five other counties are nearing completion of their CAIPs Parks expected to create jobs, boost manufacturing and open new markets for farmers The Government has stepped up efforts towards the finalisation of the construction and operationalisation…
Sakaja rules out a total hawking ban, offering relief to thousands of informal traders Nairobi County plans to control where and when hawkers can operate Governor seeks a balance between street traders and formal MSMEs facing business costs Nairobi Governor Johnson Sakaja has ruled out a ban on street hawking in the capital, saying the…
Kisumu residents urged to play a bigger role in assessing county governance and service delivery NEPAD APRM team returns to validate citizen feedback gathered across the county Findings will inform a peer review conference where governors will assess governance gaps and share best practices Kisumu Governor Prof. Peter Anyang’ Nyong’o has called for active citizen…
Mobile money and Sacco records could help informal workers qualify for housing loans Government targets a major expansion of Kenya’s mortgage market Lenders push for wider financing options to turn affordable housing projects into home ownership Millions of Kenyans working outside formal employment could soon have a better chance of accessing affordable housing loans if…
Financial pressure is taking a toll on teachers’ wellbeing Teacher Saccos urged to offer counselling and wellness support Responsible lending could help members avoid debt distress Kenya’s teachers are facing an increasingly difficult economic reality. With the ever-increasing cost of living, many teachers are struggling to make ends meet. The result is not only financial…
Chesumei housing project workers halt work and block road over delayed wages Unpaid workers say mounting debts and rent arrears are worsening their financial strain Protesters demand immediate payment and accountability over the use of public funds Workers on the Chesumei Affordable Housing Project in Nandi County have downed their tools and blocked part of…
