Patrick Kilemi (left), PS State Department for Cooperatives, with Jacinta Chipendo (right), from Malawi’s Department of Small and Medium Enterprises and Cooperatives, during a learning exchange on cooperative sector best practices. PHOTO| courtesy

Kenya, Malawi deepen cooperative sector learning exchange

Kenya and Malawi are sharing lessons on strengthening cooperatives The exchange is exploring ways to improve member participation Both countries are looking at building more sustainable cooperative enterprises Kenya and Malawi are strengthening cooperative sector ties through a learning visit on best practices and shared experience. The engagement follows a visit by a Malawi delegation…

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Patrick Kilemi (left), Principal Secretary, State Department for Cooperatives, with Alfred Orora (right), Managing Partner, Pristine Consulting House Ltd, during a meeting on expanding MSME credit access through Saccos. PHOTO| courtesy

Saccos to adopt AI loan system to boost MSME credit access

Saccos are exploring technology to widen MSME credit access A new approach could change how small businesses qualify for loans Government and private sector players are looking at smarter lending models Kenya’s State Department for Cooperatives is exploring new tech and lending models to help Saccos boost MSME credit access. PS Patrick Kilemi held talks…

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Principal Secretary for Co-operatives Patrick Kilemi speaks during an engagement with Okoa Vijana Initiative on youth participation in the co-operative sector. PHOTO| Courtesy

Co-operatives PS explores youth partnership with Okoa Vijana

State Department explores youth partnership with Okoa Vijana. Programme to support youth cooperatives and savings groups. Partnership targets skills, finance, markets and enterprise development. The State Department for Co-operatives is exploring a strategic partnership with Okoa Vijana Initiative to strengthen youth participation in Kenya’s cooperative movement. Principal Secretary for Co-operatives Patrick Kilemi said the discussions…

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Goeoge Ombado , Executive Director ACCOSCA

ACCOSCA seeks deeper partnerships to strengthen Sacco sector

ACCOSCA is seeking stronger partnerships to build trust and advance SACCO development across Africa. The organisation says collaboration with regulators, government and media can strengthen cooperative institutions and policy engagement. Stakeholders have called for stronger cross border cooperation as African economies become more interconnected. The African Confederation of Cooperative Savings and Credit Associations (ACCOSCA) is…

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Patrick Kilemi (center), PS for Cooperatives during discussions on the current status and strategic direction of Sacco Central Kenya

SACCO Central Kenya urged to strengthen financial resilience

SCK is being urged to strengthen resilience amid rising competition. Government wants greater innovation and efficiency across Saccos. The push aims to protect members while expanding financial inclusion. SACCO Central Kenya (SCK) has been challenged to strengthen its financial resilience, improve shared services and embrace innovation to remain competitive as Kenya’s cooperative financial sector undergoes…

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Kagwe hands Sh30.5m to Kilifi co-ops to boost farmer financing

Kilifi Saccos receive Ksh30.5 million to expand farmer financing. Government links cooperative funding to new irrigation opportunities. Stronger Saccos are expected to improve market access and farmer incomes. Agriculture and Livestock Development Cabinet Secretary (CS) Mutahi Kagwe has handed over Ksh 30.5 million to eight local savings and credit cooperative organisations (Saccos) in Kilifi County…

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Government sets up taskforce to draft regulations for upcoming Cooperative Act

Cooperatives Principal Secretary Patrick Kilemi has announced that the State Department has constituted a taskforce to spearhead the development of regulations that will operationalise the proposed Cooperative Bill once it is enacted into law. The move comes as the Bill enters the final stages of consideration in Parliament. In a statement shared on his Facebook…

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The National Treasury Cabinet Secretary John Mbadi-Photo|Courtesy

Treasury dismisses claims of borrowing KShs 1 trillion from SACCO savings for Infrastructure Fund

Kenyans have been urged to verify any claims about the SACCO reforms through official government communication before sharing them further PS Kilemi reaffirmed that SACCO funds remain the property of their respective societies and are managed exclusively by elected officials The National Treasury has dismissed as false and malicious claims circulating on social media alleging…

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Cooperatives and MSMEs development Principal Secretary Patrick Kilemi-Photo|Courtesy

PS Kilemi refutes claims of diverting SACCO savings to infrastructure fund

The ministry will issue comprehensive response later in the day as Jimi Wanjigi’s warning over SACCO funds stirs public anxiety Cooperatives and MSMEs Development Principal Secretary (PS) Patrick Kilemi has dismissed claims that the government intends to divert members’ savings from Saccos to finance the national infrastructure fund. In a statement posted on his social…

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