The “sponyo” name, drawn from the word “sponsor”, has been used by President William Ruto and his allies in reference to allegations that Uhuru is financing or supporting opposition political activities.
By Bradley BosireThe farmers, through the Mwea Rice Growers Multipurpose Cooperative Society (MRGM), said they completed a government-backed supply deal but are yet to receive the money that was due by July 31.
By Maureen KinyanjuiUnder the proposal, Sh555 million has been earmarked to revive Afya Millers Cooperative Union, while Sh660 million will be used to clear debts affecting coffee cooperative societies and Saccos.
By Bradley BosireSpeaking on Radio Generation on Thursday, he said the continued growth of SACCOs reflects their ability to address gaps that other financial institutions have been unable to fill.
By David AbonyoHassan has likened SASRA's role in the Sacco industry to that of the Central Bank of Kenya in the banking sector.
By Maureen KinyanjuiAccording to Kindiki, the new law, together with ongoing reforms in the SACCO sector, will strengthen oversight mechanisms and help safeguard deposits held by cooperative institutions.
By Maureen KinyanjuiOn coffee, the President said the government is targeting a jump in annual production from 50,000 metric tonnes to 150,000 metric tonnes by 2028, supported by expansion of land under cultivation and improved farming systems.
By Maureen KinyanjuiWaiguru reiterated her appeal for intervention on historical cooperative debts, saying resolution would accelerate coffee sector revitalisation and improve farmer incomes
By Chrispho OwuorSpeaking during the event, Ruto confirmed that he will personally join the Sacco and contribute to its initial capital base following consultations with Cooperatives and MSMEs Cabinet Secretary Wycliffe Oparanya.
By Bradley BosireIn a press statement issued by the Ministry of Co-operatives and Micro, Small and Medium Enterprises (MSMEs) Development, Mang’eni said full attendance and participation in the upcoming classroom-based training will be a strict condition for accessing the second batch of Sh25,000 in start-up capital.
By Bradley BosireDespite its importance, the miraa crop has been affected by unstable prices, unpredictable markets, and restrictions in some foreign destinations.
By Maureen Kinyanjui