Nyeri governor pledges to revitalize co-ops

By Munene Maina Nyeri Governor Mutahi Kahiga has pledged to revitalize the co-operative sector in the county. The Governor said his Government will employ more staff in co-operative department to fast-track inspection of all co-operatives. “Co-operatives are essential in our county economy and we are committed to promoting good governance in all societies,” said the…

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Winas Sacco appoints new CEO

Winas Sacco has appointed Pauline Mwaniki as a CEO, replacing David Kariuki, who was elected Embu Deputy Governor. He has been acting in that capacity for two months. Winas chairman Robert Kithanju said they had settled on Mwaniki after she emerged the best in interviews. Speaking during the sacco’s children’s Fun Day held at University…

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Saccos asked to embrace technology

By Munene Maina Saccos have been asked to embrace modern technology in service delivery. Equity Bank General Manager in charge of Corporate Banking Moses Ndirangu said use of technology will strengthen saccos operations and ensure they match up to the competition. Ndirangu called on leaders in co-operatives to fasttrack the process of expansion to ensure…

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Much-hyped Common Bond hits the rocks

By Azael Masese The Government will put brakes on expansion of Savings and Credit Co-operatives (Saccos) to ensure there is regulated growth and financial stability in the sub-sector. Senior Deputy Commissioner in the State Department of Co-operatives Geoffrey Njang’ombe said loan repayment is posing a serious challenge hence the need to take the necessary steps….

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