Chelugui - Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya

Chelugui finally hands over to Oparanya

Sacco ReviewSeptember 5, 2024September 6, 202404 mins

The former Cabinet Secretary (CS) for Co-operatives and Micro, Small and Medium Enterprises (MSME) Development Simon Chelugui has handed over the docket to the newly appointed CS Wycliffe Oparanya, with the later promising to implement initiatives started by his predecessor. Speaking during the handing over ceremony at the National Social Security Fund (NSSF) office on…

Embrace technology to increase visibility, Chelugui advises Saccos

Sacco ReviewFebruary 27, 2024February 28, 202405 mins

Savings and Credit Cooperative Societies (Saccos) across the country have been challenged to embrace innovation and technology. The Cabinet Secretary for Cooperatives and Macro Small and Medium Development Simon Chelugui noted that doing so will help Saccos to increase their accessibility and visibility. He was addressing the 9th Annual Sacco Leaders Convention Meeting in Mombasa…

Chelugui leads Coffee fund sensitization and distribution in Central region

Sacco ReviewJanuary 13, 2024January 13, 202402 mins

The Cabinet Secretary for Cooperatives Simon Chelugui has led the Coffee Cherry Advance Revolving Fund (CCARF) sensitization and distribution campaign in Kiambu, Nyeri, Kirinyaga and Murang’a Counties. According to Chelugui, the Kenya Kwanza administration has initiated key administrative and legislative reforms geared towards restoring the coffee sector to its full glory. “Coffee is one of the…

Govt urged to waive Ksh603M debt owed by Machakos coffee farmers

Sacco ReviewJanuary 10, 2024January 10, 202404 mins

Machakos Governor Wavinya Ndeti has appealed to the government to waive a Ksh603 million debt owed by coffee cooperative societies in the county. Governor Ndeti, who hosted the Cooperatives and MSMEs Cabinet Secretary (CS) Simon Chelugui during the launch of the Coffee Cherry Advance Revolving Fund in Kangundo on Tuesday, said that farmers in the…

Chelugui urges dairy farmers to join cooperatives

Sacco ReviewDecember 14, 2023December 14, 202302 mins

The government has urged dairy farmers to form cooperatives to benefit from a larger market and increased income. While addressing the press in his office, Cabinet Secretary (CS) for Cooperatives and MSMEs Development Simon Chelugui said that the lack of proper structures has been a hindrance to the assistance provided by the government. “By joining…

Ruto honours pledge to buy TukTuk for Hustler Fund top borrower

Sacco ReviewDecember 5, 2023December 5, 202302 mins

Harrison Kenga, a TukTuk operator based in Mombasa, was recently awarded a new Piaggio machine by President William Ruto. During the fund’s first anniversary, Kenga was named the top borrower of the Hustler Fund, having taken a loan of Ksh714, 000 so far. The President promised to buy him a TukTuk. Kenga started with a…

Chelugui: Govt is developing policies to incorporate youth in Saccos

Sacco ReviewNovember 21, 2023November 21, 202302 mins

Co-operatives and Micro, Small and Medium Enterprises (MSME) Development Cabinet Secretary Simon Chelugui has revealed that the government is promoting the involvement of young people in the cooperative movement by encouraging them to form their own cooperatives or be incorporated into leadership of the existing Saccos. The CS lamented that despite their technological proficiency, young…

Gov’t to punish employers not remitting employees’ deductions to Saccos

Sacco ReviewNovember 13, 2023November 13, 202303 mins

The Cooperative Bill 2023, recently approved by the Cabinet, will penalize employers who fail or delay to remit employees’ deductions from salaries to Sacco accounts within 7 days. The Bill proposes that employers who fail or delay to remit the deductions shall pay the amount deducted with compound interest accrued at a rate of not…

Cooperatives asked to meet members’ needs to boost growth

Sacco ReviewNovember 10, 2023November 10, 202304 mins

A team of top CEOs of Savings and Credit Co-operative Associations (SACCAs) drawn from across USA, Europe and Canada, who are in the country for the Inaugural ACCOSCA International CEOs’ Summit which ends on November 11, have called on Kenyan Saccos to strive to meet the needs of their members as a pivotal strategy towards…

Chelugui: Gov’t committed to supporting Coop movement

Sacco ReviewNovember 7, 2023November 14, 202303 mins

The co-operative movement in Kenya is playing a vital role in the realization of the government’s Bottom-Up Economic Transformation Agenda. This is according to Cooperatives and Micro, Small, and Medium Enterprises (MSMEs) Development Cabinet Secretary (CS) Simon Chelugui, who praised the sector’s role in economic growth, alleviating poverty and advocating for social inclusion. Speaking in…