Committee of Experts has warned that serious governance, regulatory and structural weaknesses are threatening the stability of Kenya’s SACCOs sector.

Experts warn of major risks in Kenya’s SACCO sector, call for urgent reforms

A high-level Committee of Experts has warned that serious governance, regulatory and structural weaknesses are threatening the stability of Kenya’s Savings and Credit Co-operatives (SACCOs) sector, calling for sweeping reforms to protect members’ savings and restore confidence in the cooperative movement. The concerns are contained in the Report on the Transformation of the SACCO System…

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President William Ruto with Kimani Ichung’wah after signing the Coffee Bill into law.

President Ruto signs coffee bill into law, paving way for major sector reforms

President William Ruto has signed the Coffee Bill (Senate Bill No. 10 of 2023) into law, marking a significant milestone in efforts to revitalize Kenya’s coffee industry. The Bill was co-sponsored in the Senate by James Kamau Murango and in the National Assembly by Kimani Ichung’wah. The legislation aims to restructure the coffee sector by…

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President Ruto assenting to the National Infrastructure Fund Bill.
President Ruto assenting to the National Infrastructure Fund Bill. Photo Courtesy

President Ruto assent to the National Infrastructure Fund Bill

President William Ruto has assent to the National Infrastructure Fund Bill, marking a significant milestone in strengthening Kenya’s capacity to finance strategic national development. Speaking in statehouse Ruto said the fund marks a new chapter in financing Kenya’s transformation, making Kenyans the architects of their future. The law seeks to establish the National Infrastructure Fund…

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President Ruto
President William Ruto receiving a report from experts who reviewed the governance and operations of SACCOs at State House in Nairobi/Photo Courtesy

Ruto calls for Sacco overhaul to improve governance, technology

President William Ruto has called for transformation of Savings and Credit Cooperative Organisations (SACCOs) into stronger, more efficient institutions that directly benefit Kenyan communities. Speaking at State House in Nairobi, after receiving a report from experts who reviewed the governance and operations of SACCOs, President Ruto said there is need for SACCOs to modernize systems,…

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(L-R) PS for Mining Harry Kimtai, Devki Group of Companies Chairman Narendra Raval and Wundanyi MP Danson Mwashako at Ikanga airstrip in Voi. Photo by Michael Oduor

State begins nationwide mapping of Artisanal Miners to fast-track licensing

The government has launched a nationwide mapping exercise of artisanal miners in a move aimed at formalizing small-scale mining, issuing licences and protecting miners from harassment and exploitation. Speaking during the Special General Meeting of Kishushe Ranching Cooperative Society Limited in Taita Taveta County on Saturday, the Principal Secretary for Mining Harry Kimtai said the…

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President Ruto (centre) in a jig with NYOTA fund beneficiaries at Gusii Stadium on Thursday. Photo Enock Okong'o

Ruto urges Nyanza youth to engage in any profitable business as 3,500 benefit from NYOTA funds

President William Ruto has asked youth to use the knowledge they acquired at any level of their education to engage in any profitable business that can enable them put food on the table for themselves and their families. “Even for those who did not complete primary school education it is not their mistake but we…

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President William Ruto. Photo/Courtesy

President Ruto defends Nyota Youth Programme, warns against bribery

President William Ruto has defended the Nyota Youth Programme, saying it is a free government initiative designed to empower grassroots youth across the country by equipping them with skills, tools, and capital to start and grow businesses. Speaking during a public engagement, the President warned that any official demanding bribes for enrolment would face legal…

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President William Ruto during launch of business start up capital under the NYOTA programme. Photo Courtesy

President Ruto launches Ksh173.2 Million NYOTA start-up capital for young entrepreneurs

President William Ruto has launched the disbursement of Ksh173.2 million in business start-up capital under the NYOTA programme, aimed at supporting young entrepreneurs in the country. The funds will benefit 6,982 youth from Nyeri, Murang’a, Nyandarua, and Kirinyaga counties. The launch event took place at the Kabiru-ini ASK Grounds in Nyeri. The NYOTA initiative targets…

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Cane farmers praise President Ruto’s efforts to revive sugar sector

Cane farmers across Kenya have commended President William Ruto for his commitment to revamping the sugar sector, noting that his reforms are already bearing fruit. Led by Kenya National Federation of Sugar Cane Farmers Secretary General Killion Osur Anyango, the farmers said the president’s initiatives must be supported by other industry players to ensure smooth…

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President William Ruto during the State of Nation Address in Parliament/Photo Courtesy

What President William Ruto’s administration has done for agriculture sector

President Dr William Samoei Ruto has laid out what his Kenya Kwanza administration has done for the Agriculture sector, the main turbine in the engine that is driving his ambitious 10-year Bottom Up Transformation Agenda blueprint. This is as the countdown for his momentous first term in office draws to a close. In his second…

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