Kenya
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Cooperatives & Communities
Men and youths dominate saccos – report
In Summary There are over 4.97 million individuals as well as corporate or institutional members in SACCOs. Of the individual members, 60.65 per cent are men, while 34.23 per cent are women…
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Cooperatives & Communities
Co-op Bank Records Ksh15.45 Billion Profit
The Co-operative Bank Group on Friday, November 15, reported a pre-tax profit of Ksh15.45 billion for the third quarter of 2019. This was a significant improvement compared to Ksh14.64 billion recorded in the…
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Cooperatives & Communities
Mwalimu SACCO members query pay deductions
Mwalimu National Sacco members in Western Kenya have threatened to stop their monthly contributions to the Sacco. The members claim that the Sacco has been making unauthorised deductions from their salaries.On Monday,…
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Development
What is the place of Uganda’s farmer in the value chain power relations?
The National Coordinator of Operation Wealth Creation (OWC), Gen. Caleb Akandwanaho aka Salim Saleh has on several occasions asked a poignant question – Where is the farmer in in the value chain power…
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Cooperatives & Communities
Global cooperative movement meets in Kigali to discuss development
Participants from 95 countries from around the world have gathered in Kigali for the international cooperative conference that is discussing how to advance socio-economic development through the cooperative movement. Over 1,000 participants…
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East Africa
Nakuru farmers urged to join saccos to boost income
When Nakuru Governor Lee Kinyanjui took office in 2017, revamping of the agriculture sector was one of his flagship projects. In his manifesto, Governor Kinyanjui promised to revive the lucrative sector. Two…
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Cooperatives & Communities
President urged to assent to Cooperative Amendment Bill 2016 as nation gears-up for International Coop Day
KAMPALA, Uganda: This year’s Cooperative Week Celebrations have been launched with a call for immediate assenting to the Cooperative Amendment Bill 2016 by the President. The week long event was launched by…
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Cooperatives & Communities
International Cooperative Alliance and International Labour Organization reaffirm commitment to inclusive, sustainable development through co-ops
The International Cooperative Alliance (ICA) and the International Labour Organization (ILO) reaffirmed their century-long friendship and commitment to elevating cooperative enterprise by signing a new Memorandum of Understanding on Monday. The document states…
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East Africa
New rules to protect Kenyan SACCO members
Kenya is working on new rules to tame deposit-taking SACCOs (DT-SACCOs) that fleece members through inflated charges, delays in reimbursement of deposits, and “reckless” lending and debt collection. This comes amid concerns…
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East Africa
Transport Paralyzed As Kangema Matatu SACCOs Strike
Commuters using Kangema-Murang’a town road were on Monday left stranded after local matatu SACCOs staged a demonstration. Four SACCOs which ply the road were protesting what they termed as intrusion of their…
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