Governor underscores critical role of cooperatives in socio-economic development

Kericho county Governor Dr. Erick Mutai has underscored the critical role played by the co-operative movement in the economic growth of the region. Speaking during this year’s Ushirika Day celebrations held at Kericho Primary School, the governor said the investments and contributions of local cooperative societies have the greatest impact in poverty eradication at the…

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SACCO

Allure of spending to saving drives youth away from Saccos

The urge to splurge out cash on secondary needs is slowly driving the youth away from saving. Savings are considered critical funding sources, which enable governments, institutions and individuals undertake investment projects. Harrison Song’e, the chief executive of Airports Sacco regrets that the younger generation is mostly driven by spending more than savings. This, he…

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Pokot Youth Bunge supports education

By Martin Ruto Pokot Youth Bunge Organisation has made great strides in supporting education in West Pokot County. The organisation started its programme through piloting two zones in the county which include Kishaunet zone and Chemwochoi zone. The major aim of the Pokot Youth Bunge Organisation is to supply primary schools with learning and teaching…

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Errant Saccos owe Youth Fund Sh200 million

By Our Reporter Saccos are among financial institutions that have defaulted on repayment of Youth Enterprise Development Funds (YEDF). National Assembly Special Funds Accounts committee led by South Imenti MP Kathuri Murungi has directed the fund’s CEO Josiah Moriasi to recover all the interests, penalties and full principal amounts. Appearing before the committee Moriasi said…

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Over 10 new youth Saccos registered

By Tsozungu Kombe. Some 12 new Saccos in Taita Taveta County have been registered by the Ministry of Co-operative Development. Acting Taita Taveta County Cooperative Commissioner Erastus Gonzi said the new Saccos belong to the youth. He revealed that although only 12 new Saccos have been registered in the area, there was still room for…

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