Wycliffe Oparanya - Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya

CS Wycliffe Oparanya honored for exemplary leadership

Sacco ReviewDecember 5, 202402 mins

In a momentous celebration of academic excellence, Hon. FCPA Wycliffe Ambetsa Oparanya, EGH, Cabinet Secretary for the Ministry of Cooperatives and Micro Small and Medium Enterprises Development, has been awarded an honorary Doctor of Humane Letters (Honoris Causa) by Masinde Muliro University of Science and Technology. The conferment will take place on December 11, 2024,…

CS Oparanya calls for actionable ideas to propel Kenya’s Cooperative Movement forward

Sacco ReviewNovember 25, 202404 mins

Cabinet Secretary for the Ministry of Cooperatives and MSMEs Development, Wycliffe Oparanya, has urged cooperative movement stakeholders to come up with actionable ideas to propel the cooperative sector forward. Oparanya, who was addressing the cooperative movement stakeholders during the 3rd Annual Cooperative Movement Stakeholders’ Forum held from 18th to 22nd November 2024 in Naivasha, said…

CS Oparanya instructs Commissioner for Coops Development to develop Dividend Policy

Sacco ReviewNovember 25, 202403 mins

Cooperatives and MSMEs Development Cabinet Secretary Wycliffe Oparanya has instructed Commissioner for Cooperatives Development to develop a Dividend Policy for Cooperatives that will ensure that no cooperative borrows to pay dividends. The CS who was speaking in Nairobi during the launch of the strategic plan 2023-2027 for new Kenya Planters Cooperative Union (KPCU) said the…

West Kenya retirees demand justice for fleeced funds

Sacco ReviewOctober 14, 202405 mins

Retirees of the giant West Kenya sugar company limited are now calling for the ethics and anticorruption commission (EACC) to investigate the fleecing of the Ksh.88Million by the sacco. The retirees allege that their efforts to have the sacco, which serves the miller employees, pay their retirement dues has failed in several occasions, prompting them…

Best SACCOs feted in 2024 Ushirika Day Award Ceremony

Sacco ReviewSeptember 23, 2024September 24, 202407 mins

Savings and Credit Co-operatives (SACCOs) in the country have been awarded for their good performance in the year ended 2023 in Award Ceremony and Luncheon for Ushirika Day celebrations held in Nairobi on Friday . Some of the Saccos Awarded include Kenya National Police Sacco that was awarded Best Managed Sacco in the country, Tembo…

Sacco members urged to back formation of industry watchdog

Sacco ReviewSeptember 12, 202402 mins

The Cabinet Secretary (CS) for Cooperatives and MSMEs Development Wycliffe Oparanya has urged Sacco members across countrywide to back the creation of a federation to regulate Saccos as proposed in the Cooperative Bill 2024 currently before Parliament. Speaking during the launch of the SACCO Societies Regulatory Authority (SASRA) Supervision Report, Oparanya asserted that creation of…

Govt to create 5 million MSME jobs in 3 years, Oparanya says

Sacco ReviewSeptember 12, 2024September 12, 202409 mins

The government targets to create five million jobs in the Micro Small and Medium Enterprises (MSMEs) sector in the next three years, Cooperatives Cabinet Secretary Wycliffe Oparanya has revealed. Oparanya disclosed that currently 15 million Kenyans are employed in the MSME sectors and the government has plans to move the number to 20 million in…

Oparanya disbands Barichu Farmers Cooperative’s management

Sacco ReviewSeptember 11, 202403 mins

Cabinet Secretary for Cooperatives and Micro, Small, and Medium Enterprises (MSMEs) Development Wycliffe Oparanya, has disbanded the management of Barichu Farmers’ Cooperative Society Limited in Mathira Constituency, Nyeri County. During a visit to the society in Karatina town yesterday where he met with thousands of farmers, Oparanya ordered the immediate removal of the management to allow for…

Oparanya urges Uwezo Fund beneficiaries to form Saccos

Sacco ReviewSeptember 9, 2024September 10, 202405 mins

Cooperatives and SMEs Cabinet Secretary (CS) Wycliffe Oparanya has emphasized the importance of forming cooperatives among beneficiaries of the Uwezo Fund. He highlighted that by coming together; individuals can create a larger pool of resources, enabling them to get more substantial funding for their business ventures. Oparanya stated, “When you join cooperatives, you have an…

Oparanya affirms govt commitment to address challenges facing sector

Sacco ReviewAugust 24, 202404 mins

Cooperatives Cabinet Secretary (CS) Wycliffe Oparanya has affirmed that the government is committed to undertake several policy interventions to address the challenges affecting the sector. The CS, speaking during the launch of the Inaugural Annual SME Conference, Awards and Exhibition yesterday hosted by the Kenya Private Sector Alliance (KEPSA) at the Kenya Institute of Curriculum…