SACCO

KSPC calls for harmonization of data on cooperatives

Co-operative professionals and practitioners through their body the Kenya Society of Professional Cooperators (KSPC) have called upon the government through the State Department for Co-operatives to address the matter of timely data and information in cooperatives. The practitioners have further recommended for the establishment of an information and document portal with links to various users….

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SACCO

Saccos declaring questionable dividends, bonuses, says KSPC

Cooperative sector practitioners have expressed concerns over the manner in which Saccos and cooperatives are declaring dividends and interest on deposits, as well as honoraria payments. Through Kenya Society of Professional Co-operators (KSPC), the practitioners observed that there are a lot of malpractices among cooperatives in the way dividends, interest on deposits and honoraria are…

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SACCO

KSPC wants policy safeguards on assets of Coops facing liquidation

A 2020 Survey conducted by the State Department for Co-operative Development revealed that there are 5,723 dormant cooperatives, which are at risk of losing its assets to unscrupulous officials.  Kenya Society of Professional Co-operators (KSPC) is now calling on government to develop policy guidelines that will help to safeguard assets of cooperatives that may fall…

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SACCO

Cooperative University of Kenya urged to reintroduce old cooperative courses

Co-operative professionals and practitioners, through the Kenya Society of Professional Cooperators (KSPC), have asked the Co-operative University of Kenya (CUK) to re-introduce the traditional cooperative courses it used to offer before it was upgraded to a full-fledged public university. The professionals and practitioners noted that traditional cooperative courses, such as Certificate in Cooperative Administration (CCA),…

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Co-op professional body gets new members

Two new directors have joined the Kenya Society of Professional Co-operators (KSPC) after a successful election during the Society’s hybrid Annual General Meeting (AGM) held recently in Nairobi. Edward Kinyungu and Dr. Lydia Omamo, the National Co-operative Business Association CLUSA International (NCBA-CLUSA) Country Director , replaced Stephen Otieno and Dr. Nelson Kuria who retired after…

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SACCO

KSPC wants policy safeguards on assets of Coops facing liquidation

A 2020 Survey conducted by the State Department for Co-operative Development revealed that there are 5,723 dormant cooperatives, which are at risk of losing its assets to unscrupulous officials. Kenya Society of Professional Co-operators (KSPC) is now calling on government to develop policy guidelines that will help to safeguard assets of cooperatives that may fall…

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Cooperative University of Kenya urged to reintroduce old cooperative courses

By Roy Hezron   Co-operative professionals and practitioners, through the Kenya Society of Professional Cooperators (KSPC), have asked the Co-operative University of Kenya (CUK) to re-introduce the traditional cooperative courses it used to offer before it was upgraded to a full-fledged public university. The professionals and practitioners noted that traditional cooperative courses, such as Certificate…

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KSPC calls for harmonization of data on cooperatives

By Roy Hezron Co-operative professionals and practitioners through their body the Kenya Society of Professional Cooperators (KSPC) have called upon the government through the State Department for Co-operatives to address the matter of timely data and information in cooperatives. The practitioners have further recommended for the establishment of an information and document portal with links…

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Saccos told to stop the craze with high dividends, focus on other reward aspects

By Roy Hezron Professionals in the Cooperative sector have called upon the government to regulate dividend payment, especially in the Savings and Credit Co-operatives (Sacco) sub-sector, to separate success from dividends. Through the Kenya Society of Professional Co-operators (KSPC), the sector elites felt that the success of cooperatives should not be measured by the rate…

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