CS for Co-operatives and MSMEs Development, Wycliffe Oparanya and KETSA, Chairman, Robert Njue-Photo|Courtesy

State reaffirms commitment to strengthening teachers’ SACCOs

The government has reaffirmed its commitment to strengthening teachers’ SACCOs as part of wider efforts to build a stable, transparent and well-regulated cooperative sector that safeguards members’ savings and supports inclusive economic growth. Cabinet Secretary for Co-operatives and Micro, Small and Medium Enterprises (MSMEs) Development, Wycliffe Oparanya, gave the assurance during a high-level meeting with…

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1 / 1 – Kenya Teachers Saccos Assosiation Secretar Peter Ngugi paying a tribute to Mr.John Rukwaro./photo by Peter Otuoro

KETSA eulogises Cosmopolitan chairman John Rukwaro

The Kenya Teachers Sacco Association, (KETSA) has  eulogises Cosmopolitan Sacco chairman John Rukwaro describing him as the person with good visionary leadership skills that have propelled the Cosmopolitan Sacco to a high financial level. KETSA Secretary Peter Ngugi said Rukwaro contribution to the Sacco was felt in the KETSA various meeting which he was one…

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KUCCCO Acting CEO , Arnorld Munene addressing the Sacco leaders at Whitesands hotel in Mombasa.

KUSCCO warns Saccos against declaring unrealistically high dividends

The country’s Sacco umbrella body, Kenya Union of Savings and Credit Co-operative (KUSCCO), has warned the entities against declaring unrealistic dividend payouts in a bid to retain membership. Speaking during Imarika Sacco’s Annual Delegates Meeting (ADM) in early March at Travellers Beach Hotel in Mombasa, KUSCCO Acting Managing Director Arnold Munene noted that it is…

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