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72 women groups receive water tanks worth Ksh6M in Kitui

Sacco ReviewSeptember 27, 2024September 27, 202403 mins

Former Cabinet Secretary (CS) for EAC, Arid and Semi-Arid Lands (Asals) and Regional Development Peninah Malonza has donated two hundred and thirty 2,000 and 500-litre water tanks to 72 women groups in Kitui county. The groups, under the umbrella body – Kitui County Union for Savings and Credit Cooperative Societies (KICUSA) Limited – received the…

Sacco members urged to back formation of industry watchdog

Sacco ReviewSeptember 12, 202402 mins

The Cabinet Secretary (CS) for Cooperatives and MSMEs Development Wycliffe Oparanya has urged Sacco members across countrywide to back the creation of a federation to regulate Saccos as proposed in the Cooperative Bill 2024 currently before Parliament. Speaking during the launch of the SACCO Societies Regulatory Authority (SASRA) Supervision Report, Oparanya asserted that creation of…

Govt to create 5 million MSME jobs in 3 years, Oparanya says

Sacco ReviewSeptember 12, 2024September 12, 202409 mins

The government targets to create five million jobs in the Micro Small and Medium Enterprises (MSMEs) sector in the next three years, Cooperatives Cabinet Secretary Wycliffe Oparanya has revealed. Oparanya disclosed that currently 15 million Kenyans are employed in the MSME sectors and the government has plans to move the number to 20 million in…

Oparanya disbands Barichu Farmers Cooperative’s management

Sacco ReviewSeptember 11, 202403 mins

Cabinet Secretary for Cooperatives and Micro, Small, and Medium Enterprises (MSMEs) Development Wycliffe Oparanya, has disbanded the management of Barichu Farmers’ Cooperative Society Limited in Mathira Constituency, Nyeri County. During a visit to the society in Karatina town yesterday where he met with thousands of farmers, Oparanya ordered the immediate removal of the management to allow for…

CS Oparanya promises more support to Cooperative University

Sacco ReviewSeptember 10, 202403 mins

The Ministry of Cooperatives and MSMEs Development Cabinet Secretary (CS) Wycliffe Oparanya has said the government will allocate more resources to support to the Co-operative University of Kenya (CUK) in executing its role in the growth of co-operative movement in Kenya. Oparanya who met the University’s top management led by Vice Chancellor, Prof. Kamau Ngamau…

Oparanya urges Uwezo Fund beneficiaries to form Saccos

Sacco ReviewSeptember 9, 2024September 10, 202405 mins

Cooperatives and SMEs Cabinet Secretary (CS) Wycliffe Oparanya has emphasized the importance of forming cooperatives among beneficiaries of the Uwezo Fund. He highlighted that by coming together; individuals can create a larger pool of resources, enabling them to get more substantial funding for their business ventures. Oparanya stated, “When you join cooperatives, you have an…

Oparanya affirms govt commitment to address challenges facing sector

Sacco ReviewAugust 24, 202404 mins

Cooperatives Cabinet Secretary (CS) Wycliffe Oparanya has affirmed that the government is committed to undertake several policy interventions to address the challenges affecting the sector. The CS, speaking during the launch of the Inaugural Annual SME Conference, Awards and Exhibition yesterday hosted by the Kenya Private Sector Alliance (KEPSA) at the Kenya Institute of Curriculum…

Cooperatives urged to use technology in tackling climate change

Sacco ReviewOctober 7, 2023October 7, 202303 mins

Cabinet Secretary (CS) for Co-operatives and Micro, Small and Medium Enterprises (MSMEs) Development Simon Kiprono Chelugui has urged cooperatives to invest in technology to tackle climate change, which is a drawback to the development of the cooperative movement. The CS said climate change has negatively affected the cooperative movement, hence the need to take bold…