News
CS Oparanya blames counties for Sacco collapse, urges senate to back tougher laws
Oparanya said several Saccos, including Afya Sacco and Moi University Savings and Credit Society (MUSCO), are facing serious liquidity challenges
Wycliffe Oparanya
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Senate Labour Committee summons three CSs, Kenya Railways MD over delayed pensions
The move comes amid growing concern over delayed pension payments for retired Kenya Railways workers and former Kenya Medical Research Institute (KEMRI) staff
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Government to sell assets of corrupt coffee cooperative officials
Cooperatives and MSMEs Cabinet Secretary Wycliffe Oparanya said the government will no longer bear the burden of writing off debts caused by mismanagement in cooperative societies.
News
CS Oparanya warns coffee officials over corruption
Cooperatives Cabinet Secretary Wycliffe Oparanya, speaking on Thursday, June 12, 2025, raised concern over the increasing number of societies reportedly plunging into serious debt due to financial mismanagement...
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Ministry halts new SACCO registrations for three months
CS Oparanya stated that the pause will allow a team of experts to conduct a comprehensive review of the current SACCO landscape during this period.
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Why many thought Hustler Fund was a handout - CS Oparanya
CS Oparanya told the Senate plenary that the fund, launched shortly after the 2022 elections, was mistaken by some borrowers as a reward rather than a loan facility.
