CAK CEO Daniel Marube-Photo|Courtesy

Members challenged to strengthen Co-op sector oversight through AGMs

CAK CEO Daniel Marube has urged cooperative members to actively attend Annual General Meetings (AGMs) to elect leaders of integrity, strengthen governance, and safeguard the cooperative movement’s role in peace, savings culture, youth empowerment, and sustainable development Kenya’s cooperative movement is challenging members to take charge of their institutions by actively participating in Annual General…

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SACCO

Govt issues guidelines on maximum borrowing powers by cooperatives

The national government has issued guidelines on approval of maximum borrowing powers by cooperatives. Commissioner for Cooperatives Development David Obonyo stated that the guidelines are to enhance good governance and leadership in the cooperative sector. In a letter dated August 16, 2023 directed to County Directors/ Commissioners for Cooperatives, CEO/MD- Cooperative Alliance of Kenya, Chairpersons…

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