Kenya cements position as Islamic Banking hub in East, Central Africa

The existence of Gulf Africa Bank, Dubai Bank and First Community Bank as fully fledged Islamic Banks has cemented Kenya’s position as a hub for Islamic banking in East and Central Africa. The position is further cemented by the existence of Islamic products in conventional banks and Saccos. Abdi Hussein, Gulf Bank Garissa Branch Deputy…

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Groups urged to promptly repay Uwezo Fund loans

Kaloleni sub county Youth Development Officer Festus Matee has urged the beneficiaries of the Uwezo Fund to promptly repay their loans to enable other groups benefit. Matee noted that from the Ksh23, 255,000 issued to 192 Women, Youth and persons with disability groups in Kaloleni Sub County, only Ksh7,234,060 has been repaid. “That translates to…

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Obonyo lauds Muungano Women Housing Coop for contribution to affordable housing

Commissioner for Cooperatives Development David Obonyo has commended  Muungano Women Group  Housing Cooperative for playing a key role in offering affordable housing in line with the Bottom up Economic Transformational Agenda (BETA). Represented by Morris Mworia from his office, the commissioner lauded the cooperative for empowering women and cooperatives in general for playing a significant role in supplementing…

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How welfare group is positively changing retirees’ lives

The Retired Officers Welfare (ROWE) group, is redefining the art of retirement in the serene rural heartlands of Kakamega North County. Their story, a testament to the pursuit of both economic prosperity and community, unfolds against the backdrop of the attractive Kakamega landscape. Comprising retired individuals, ROWE stands as a stark contrast to the solitude…

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County, Noble Sacco donate branded umbrellas to 14 bodaboda Saccos

Uasin Gishu county government Department of Trade, Industrialization, Tourism, Cooperatives and Enterprise Development in conjunction with Noble Sacco donated branded umbrellas to 14 boda boda Saccos operating within Eldoret CBD. Speaking during the event, Cooperatives and Enterprise Development Chief Officer Ruth Samoei called on the Sacco leaders to ensure members put on reflector jackets with…

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County to revive over 200 dormant cooperatives

Kwale County Cooperative Director Mohammed Mkanga has revealed that at least 200 dormant cooperative societies in the county are set for revival. Mkanga said this year, three dormant cooperative societies have already been revived. He revealed that there are many dormant cooperative societies yet there isn’t sufficient budget allocated for their revival since the department depends…

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Prime Time Sacco invites application for position of CEO

Prime Time Sacco is seeking to recruit a professional, self-motivated and result oriented person to fill the vacancy of the CEO. A letter signed by the Sacco Chairman dated Sep 11, 2023 stated that the applicant should have the following qualifications: Applications must have attached copies of Identity Card, CV, Certificates and other testimonials. Interested…

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Cooperatives Commissioner approves registration of Trans-Tena Sacco

The Commissioner for Cooperative Development has approved the registration of Trans-Tena Sacco. A letter addressed to the Sacco Chairperson dated September 8, 2023 and signed by Trans Nzoia County Cooperative Officer Edith Watimah stated that the Sacco’s certificate of registration has been duly signed by the Commissioner for Cooperatives who also approved a copy of…

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