Cooperative University praised for enhancing Sacco sector

The Ministry of Cooperatives and MSMEs Development Cabinet Secretary, Simon Chelugui, has highlighted the important role played by the Cooperative University of Kenya (CUK) in enhancing professionalism within the cooperative movement. According to him, the university’s contribution in equipping and training the workforce in the cooperative sector is crucial for the sustainability of Saccos. “As…

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Alex Chamwada proud to catalyze growth of Cooperative movement

Alex Chamwada, the Founder and Chief Executive Officer (CEO) of Chams Media, a communication consultancy firm specializing in content creation, has expressed pride for contributing to the growth of the cooperative movement. The media personality, who worked with several national TV stations before debuting his renowned programme – ‘Daring Abroad’ – made the remarks while…

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Nyeri County keen to further development in cooperative sector, Governor says

Nyeri County Governor Mutahi Kahiga has celebrated the remarkable progress made in the cooperative movement, from the establishment of new Saccos to the training of leaders in financial management and good governance. “Under the county’s leadership, 100 cooperative society elections have been successfully conducted, fostering inclusive participation and democratic processes. Furthermore, 600 cooperative leaders have…

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Gen Z strategies

Saccos urged to consider Gen Z’s preferences in their strategies

Saccos have been advised to adapt their strategies to cater to the preferences of Generation Z (Gen-Z) – referring to individuals born between 1996 and 2010 – by implementing advanced and interactive technology. Speaking during a Customer Breakfast Forum themed ‘Saccos and Gen-Z’ hosted by NCBA Bank, Cabinet Secretary (CS) for Co-operatives and MSMEs Development,…

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Kwara set to launch global app to ease Sacco transactions

Kwara is set to launch its own mobile application, the Kwara Connect App, which will enable Sacco members to manage their accounts, make digital repayments and deposits, check balances and statements, apply for mobile loans and request guarantors online. “We’ve had an amazing adventure together, completely transforming the way you interact with Savings and Credit…

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PS Kilemi urges co-operators to embrace collaboration

Principal Secretary (PS) in the Ministry of Co-operatives and Micro, Small, and Medium Enterprises (MSMEs) Development, Patrick Kiburi Kilemi, has emphasized the importance of cooperative policies in driving the economy. Speaking during a consultative meeting in Nairobi with co-operative developers today, PS Kilemi urged policy planners to collaborate and utilize their expertise for the benefit…

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Nakuru County to provide low interest loans to Saccos through Revolving Fund

Nakuru County Chief Officer of Cooperatives Kibet Kurgat has revealed that the county government has plans to provide low interest loans to registered cooperatives and Saccos through a revolving fund. Speaking during a meeting with stakeholders in the dairy sector, Kurgat revealed that all the necessary plans to launch the loan product at the beginning…

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Ranguma urges businesspeople to form Saccos for prosperity

Sacco Societies Regulatory Authority (SASRA) Chairperson Jack Ranguma has urged businesswomen in Kisumu County to form Saccos at the grassroot level. Addressing over 500 women groups in Kisumu, Ranguma stressed that through Saccos, women will gain economic empowerment. “Saccos will enable you to access loans and other benefits. You can also market your products locally…

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