Obonyo lauds Muungano Women Housing Coop for contribution to affordable housing

Commissioner for Cooperatives Development David Obonyo has commended  Muungano Women Group  Housing Cooperative for playing a key role in offering affordable housing in line with the Bottom up Economic Transformational Agenda (BETA). Represented by Morris Mworia from his office, the commissioner lauded the cooperative for empowering women and cooperatives in general for playing a significant role in supplementing…

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County to revive over 200 dormant cooperatives

Kwale County Cooperative Director Mohammed Mkanga has revealed that at least 200 dormant cooperative societies in the county are set for revival. Mkanga said this year, three dormant cooperative societies have already been revived. He revealed that there are many dormant cooperative societies yet there isn’t sufficient budget allocated for their revival since the department depends…

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SACCO Co-operatives

Cooperatives CS proposes Saccos to clear their cheques 

Cooperatives Cabinet Secretary (CS) Simon Chelugui has proposed that Saccos be allowed to clear their cheque books directly as opposed to the current practice of doing it through commercial banks. The CS said Saccos were incurring a lot of expenses when clearing their cheques through commercial banks.  “I believe that Saccos will be able to…

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estate

Real estate players form association to weed out land fraudsters

Over 100 firms in the real estate sector have formed an association dubbed Real Estate Stakeholders Association to help end the many cases of Kenyans being conned millions of shillings by fraudulent land buying and selling companies. According to Zani Properties Limited chairman Shamton Githere, the association will play a pivotal role in regulating the…

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SACCO

Lecturer’s innovation to spearhead affordable housing

Dr Joseph Mwiti’s innovation of manufacturing cement using clay will serve as a welcome relief to thousands of Kenyans who aspire to build home. Dr Mwiti, a lecturer who teaches Chemistry at Meru University of Science and Technology(MUST), believes that using clay to make cement will revolutionize construction and provide a solution to high costs…

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Saccos

CS orders SASRA to safeguard interests of Sacco members

Saccos Societies Regulatory Authority (SASRA) has been asked to ensure interests of all members of the 360 Saccos in the country are protected and that adequate revenues are generated. Cabinet Secretary (CS) for Cooperatives and Micro, Small and Medium Enterprises Simon Chelugui asked SASRA’s chief executive (CEO)Peter Njuguna to also ensure that members comply with…

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KTS invites tender applications for construction of its office block

KTS, formerly Kitui Teachers Sacco, has invited suitable local constructors for the construction of an office block on plot number LR KYANGWITHYA/TUNGUTU/3892. The minimum and mandatory qualifications include possession of a pre-qualification document, incorporation or registration certificate, valid tax compliance certificate and a recent copy of CR 12. Current registration with the national construction authority…

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