Cabinet Secretary, Ministry of Cooperatives and Micro, Small and Medium Enterprises Development Wycliffe Oparanya
Cabinet Secretary, Ministry of Cooperatives and Micro, Small and Medium Enterprises Development Wycliffe Oparanya

Oparanya asks women to join Saccos for financial freedom

Cooperatives and MSMEs Development Cabinet Secretary Wycliffe Oparanya wants women to prioritise savings, financial literacy and smart investments in order to gain financial independence. According to the CS, fewer women join savings and credit cooperative societies (Saccos) in Kenya compared to men which is detrimental to the overall national economic development of the country. “Saccos…

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Ben Oroko/PHOTO FILE

Financial planning is key to Co-op members’ wealth creation

The importance of financial planning education to co-operative society members, especially those in Savings and Credit Co-operative (Sacco) Societies cannot be wished away. Financial planning, which involves the process of creating a comprehensive strategy to manage one’s finances and achieve their financial goals, remains one of the most critical economic wheels driving co-operative members’ wealth…

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