Kajiado Agriculture and Livestock CECM Francis ole Sakuda/Photo Courtesy

Kajiado to roll out livestock vaccination drive to cushion herders from drought losses

The County Government of Kajiado is set to launch a mass vaccination exercise on October 7, targeting Foot and Mouth Disease (FMD) and Peste des Petits Ruminants (PPR), which often strike during prolonged dry spells when animals are weakened by lack of pasture and water. The County has also urged local pastoralists to embrace livestock…

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Cooperatives and MSMEs Cabinet Secretary Wycliffe Oparanya/Photo File

Sacco big borrowers using influence to seek unsecured loans, says Oparanya

The Cooperatives and MSMEs Cabinet Secretary Wycliffe Oparanya  and Saccos Societies Regulatory Authority, SASRA have raised concern over growing exploitation of Kenya’s sacco sector by influential individuals securing massive unsecured loans by bypassing lending thresholds. CS Wycliffe Oparanya warned that prominent figures are infiltrating saccos with minimal savings yet leveraging their status to pressure officials…

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Rose Kirika Foundation Founder and Patron Rosemary Kirika speaking at Kirai village where farmers were being trained on beekeeping/Photo by Jojn Kamau

Youth urged to venture into lucrative beekeeping as alternative for employment

As unemployment crisis in the country continue to impoverish millions of youth, a call has been made urging them to consider venturing into beekeeping as an alternative for employment. Stakeholders observe that high demand for bees’ products in the country creates a huge opportunity for youth. Statistics indicate that the country requires about 100,000 tons…

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Dr. Caroline W. Karugu, Principal Secretary in the State Department for East African Community Affairs. Photo Courtesy

Kenyan businesses secure assurance over Tanzanian business order

Kenyan business owners operating in Tanzania can breathe a sigh of relief following reassurances from the Government of the United Republic of Tanzania that their enterprises will not be affected by a controversial new business order. The assurance follows high-level bilateral consultations between Kenya and Tanzania to address concerns raised by Nairobi regarding the Business…

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Agriculture and Livestock Development CS Mutahi Kagwe in Senate during the Committee session/Photo Courtesy

Kagwe defends four per cent sugar levy amid pushback from stakeholders

Agriculture and Livestock Development Cabinet Secretary Mutahi Kagwe has defended the four per cent Sugar Development Levy, arguing it is necessary to sustain industry growth, fund research, and cushion the sector against cane shortages. This is despite pushback from millers who argue that the levy will increase their financial burden, with some calling for a…

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SASRA Acting CEO David Sandagi when he appeared before the Committee/Photo Courtesy

MPs question SASRA over alleged financial mismanagement, ownership disputes at Nandi Teachers Sacco

The National Assembly’s Public Petitions Committee has questioned the Sacco Societies Regulatory Authority (SASRA) Acting CEO David Sandagi over the allegations of financial mismanagement and ownership disputes at Nandi Teachers Sacco. This comes after the Nandi Hills MP Bernard Kitur filed a petition which raised concerns about how the Sacco handled members’ funds and the…

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SASRA Board Chair, CPA Jack Ranguma/Photo File

SACCOs overtake banks in affordable loans amid overstretched liquidity

Kenya’s deposit-taking Saccos have overtaken banks in the affordable loans issuance even though its resources remain overstretched. According to Sacco Societies Regulatory Authority, (SASRA), loans issued to members surpassed deposits by Ksh92.2 billion in 2024, the highest on record. The trend demonstrates the growing reliance on co-operatives for affordable borrowing in a climate of high…

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Boito Tea Factory in Konoin, Bomet County/Photo Courtesy

Bomet’s Boito Tea farmers to hold forum over low bonus payments

Tea farmers affiliated with Boito Tea Factory in Konoin Sub-County in Bomet County are set to hold a peaceful meeting on October 4 at Boito Market Grounds to discuss the recent release of tea bonus payments, which they claim are unjustifiably low. In an official notice addressed to the Officer Commanding Station (OCS) at Konoin…

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SASRA Acting Chief Executive Officer David A. Sandagi during the past event/Photo Courtesy

Kenya’s Cooperative sector reels from Ksh3.49 Billion remittance crisis

Kenya’s cooperative banking sector, a cornerstone of financial inclusion for millions, is grappling with a deepening liquidity crisis, according to the Sacco Societies Regulatory Authority (SASRA) 2024 Supervision Report, released recently by Cabinet Secretary for Cooperatives and MSMEs Wycliffe Oparanya. The report has exposes a staggering Ksh3.49 billion in unpaid salary deductions owed to 85…

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MPs during the Parliament session/Photo Courtesy

Kenyan MPs’ Sacco loan defaults hit Ksh939 Million mark

In a stunning revelation that exposes the gaping chasm between Kenya’s political elite and the everyday struggles of ordinary citizens, Members of Parliament, MPs have emerged as the top defaulters in the country’s Savings and Credit Cooperative (Sacco) sector, racking up nearly Ksh1 billion in unpaid loans by the end of 2024. According to the…

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