Sacco Review|The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
A Matungulu Constituency doctor has asked banks and micro -finance institutions to come up with schemes to motivate coffee growers for investments in the region. Dr Philip Munyao, a consulting doctor, said financial institutions should train farmers on investment opportunities, saying that if there were regular fora organized by the banks, the interaction will encourage farmers to…
Members of Gatagua Coffee Farmers’ Cooperative Society in Murang’a County have urged the government to suspend the Coffee Regulations 2019. During a Special General Meeting held recently, the farmers argued that the new regulations do not favor competition in the marketing of coffee hence denies them a chance to explore other opportunities for better returns….
Embu Governor Cecily Mbarire has promised to fight cartels in the coffee sub-sector as a move to ensure farmers get the right and good income from their produce. Addressing the press at Runyenjes town in Embu County, the governor pointed out that better prices for coffee produce will lead to improved livelihood for farmers. The…
Prof Esther Gicheru, the Deputy Vice-Chancellor (DVC) for Finance, Planning and Administration at the Co-operative University of Kenya (CUK), is a story of wit, zeal and resilience. She traces her journey in the cooperative sector that spans over four decades. It is a journey of a lifetime to say the least. She has known no…
Co-operatives and Micro, Small and Medium Enterprises (MSMEs) Development Principal Secretary Patrick Kiburi Kilemi has revealed that the government has made tremendous progress in coffee reforms that will see revival of the struggling sub sector. Speaking during the Kenya Coffee Trade meeting, the PS said the government is committed to reform the sub sector and…
The liberalization of the coffee sub-sector in the country continues posing a serious sustainability threat to the primary coffee co-operative societies across the country, following smallholder farmers hawking their coffee beans to middle-men and dealers instead of delivering the same to their primary co-operative societies. What started as a bubble in the cup of coffee turned out to be…
Dr Philip Munyao, a doctor in Matungulu constituency, has asked banks and micro -finance institutions to come up with schemes to motivate coffee growers in the region. Dr Munyao asked the financial institutions to train farmers on investment opportunities, saying that if there were regular forum organized by the finance institutions, the interactions would enlighten…
Coffee farmers have suffered a great deal after prices of their commodity dropped by almost half this year. At Kabare Coffee Farmers Co-operative Society Limited for instance, which is affiliated to Kirinyaga District Co-operative Union Limited, farmers were paid between Ksh72 and Ksh92 per kilogram, rates that were far much lower than last year’s of…
Chief Executive Officers (CEOs) of various Saccos have revealed why they are averse to lending to Small and Medium Enterprises (SMEs), top among the reasons being their lack of verifiable information. During this year’s National Cooperatives CEO’s Workshop in Mombasa organized by the Co-operative Bank, the Sacco heads decried lack of adequate information about SMEs…
Young traders in Embu County have been challenged to form or join Saccos to qualify and access loans to enable them upgrade to become entrepreneurs. Embu County Director of Cooperatives David Muriuki cautioned the traders against underestimating the financial resources they mobilized daily, further urging them to save at least Ksh20 daily. “Saving in Saccos…
