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

CS Oparanya instructs Commissioner for Coops Development to develop Dividend Policy

Sacco ReviewNovember 25, 202403 mins

Cooperatives and MSMEs Development Cabinet Secretary Wycliffe Oparanya has instructed Commissioner for Cooperatives Development to develop a Dividend Policy for Cooperatives that will ensure that no cooperative borrows to pay dividends. The CS who was speaking in Nairobi during the launch of the strategic plan 2023-2027 for new Kenya Planters Cooperative Union (KPCU) said the…