Kenya
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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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Africa
You must pay taxes, Kisumu boda boda riders told
Nobody will be exempted from paying tax, Kisumu county government has said as the standoff with boda boda riders escalated. The county government, which is embroiled in a dispute with the riders…
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Cooperatives & Communities
This is why SACCO loans are more preferable than bank loans
If you’re keen enough you must have noticed that today more and more banks are pledging to lend cheaply to borrowers. This has seen Kenyans turn to SACCOs, with the proportion of…
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Africa
Ugandan SACCO learns from the success of Mwalimu National Sacco -Africa’s leading cooperative
They are the top Cooperative SACCO in the continent, but this mark made by the Mwalimu Savings & Credit Cooperative Society Limited, also known as the Mwalimu National Sacco Limited, came with…
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