Kenya
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News
COMESA countries to benefit as officials sign pact to ease regional trade
LUSAKA– COMESA and Texas A&M Agrilife Research, USA have signed a Memorandum of Understanding [MoU] to support mycotoxin risk management involving aflatoxins and fumonisins for trade commodities and staples. This is a…
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Cooperatives & Communities
Ariel Guarco retains ICA presidency
SEVILLE– The members of the International Cooperative Alliance [ICA] have renewed the mandate of Ariel Guarco for the next four years. From a total of 779 total votes, Guarco has been re-elected…
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Cooperatives & Communities
EAC boss to concentrate on regional trade and peace next year
ARUSHA– Deepening economic integration, strengthening regional peace and security mechanisms, and implementing the road map for the attainment of the East African Community [ EAC ] Monetary Union are some of Dr.…
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Cooperatives & Communities
Kenyan regulator cuts levy for new Saccos
NAIROBI– Kenyan Sacco Societies Regulatory Authority [ Sasra ], has cut the proposed annual fees for SACCOs with non-withdrawable deposits to 0.15 percent from 0.165 percent as earlier proposed. The reduction follows…
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Cooperatives & Communities
Kenya to host first Africa coffee summit this week
NAIROBI– Kenya will host the first G25 African Coffee Summit from May 25-27, 2022. The country was granted the opportunity during the Inter African Coffee Organization [IACO] 61st Annual General Assembly which…
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Cooperatives & Communities
Kenya’s SACCOs richest in Africa with US$13.64bln in total assets
NAIROBI – Savings and Credit Co-operative Societies (Saccos) in Kenya are the wealthiest in Africa by total assets, according to the new World Council of Credit Unions’ (WOCCU) 2020 Statistical Report. According…
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News
Uganda, Kenya strike security deal
MUNYONYO – Following a series of engagements for months, Uganda and Kenya have penned a security and defense agreement that would ensure safety and tranquility along the borderline of the two East…
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East Africa
Global cooperative conference scheduled for May in Mombasa
MOMBASA – The International Cooperative Alliance-Africa (ICA-Africa) will on May 23-27, 2022 host its 9th Technical Committee of the Africa Ministerial Cooperative Conference (TCAMCCO) at Sarova Whitesands Hotel in Mombasa, Kenya. The…
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News
Equity Bank Kenya Breaks Silence On DP Ruto’s Loan Allegations
KENYA – It was a dramatic Monday in Kenya when the country’s Deputy President William Ruto was barred from his flight on an unknown mission to Uganda. Kenya’s local media reported that…
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Cooperatives & Communities
SASRA Gets New CEO After Mwaka John Left
NAIROBI – This influential position of CEO of the SACCO Societies Regulatory Authority (SASRA) in the financial industry has been taken over by Njuguna Peter, who has been a manager in charge…
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