Bungoa Governor, Kenneth Lusaka.

Co-operative Bill deferred after governors complain of being sidelined

The Co-operative Bill, 2023 has now been put on hold after county governors claimed that they were not consulted during the drafting. Sponsored by the government through the Ministry of Co-operatives and Micro, Small and Medium-sized Enterprises (MSMEs) Development, the Bill was in Parliament to allow for its first reading before proceeding to other stages…

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Co-operative SACCO

Ruto outlines plans to revitalize the Co-operative sector

President William Ruto has assured cooperative sector stakeholders that his government will fully implement the National Co-operative Policy in plans to strengthen the multi-billion shilling sector. He said the movement has contributed immensely to national socio-economic development.  “The government is determined to take appropriate measures to ensure full implementation of Sessional Paper Number 4 of…

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Co-operative Movement push for own Ministry

By Staff Reporter A section of the National Co-operatives (NACOS) and the co-operative sector players in general have voiced concerns over lack of a Principal Secretary (PS) in the State Department of Co-operatives. The concerns come weeks after immediate former PS Ali Ismail left office over failure to be re-appointed by President Uhuru Kenyatta when…

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Societies urged to improve share capital, deposits

By Azael Masese Savings and Credit Co-operative Societies in Machakos County have been urged to conduct aggressive marketing campaigns to increase their business volumes. County Co-operative Officer Joe Maina  noted that critical among them is to improve on their share capital and deposits. Despite the societies’ closeness to Nairobi and the commercial opportunities it presents,…

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Kingdom Sacco joins tier 3 category

By Munene Maina Kingdom Sacco has joined Tier 3 category of medium Saccos. The Sacco registered growth in asset base to Sh1.116 billion by close of 2017 to move up from Tier 4 category of small Saccos. It registered positive performance in the year despite various challenges arising from the political and economic environment in…

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County widens lead in the co-operative savings

By Our Reporter Nairobi County leads the country in the number of highest savers in the cooperative sector, with the highest saver hitting Sh76 million, the county’s Cooperative Commissioner Dolphine Alemi has said. Speaking during Nyati Sacco Annual General Meeting recently, Alemi said Kenya is one of the leading countries in the world in cooperative…

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Residents urged to embrace Saccos

Migori County residents have been encouraged to embrace co-operative societies in a bid to improve economically. Migori County Lands and Co-operatives Minister, Elizabeth Ochae said the county has always given necessary support to the cooperative societies in the region. She promised that it will continue working together and support co-operative societies. She urged the residents…

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