The government has reconsidered its directive requiring coffee farmers to receive payments directly through bank or mobile money accounts, amid fears that the move could disrupt the coffee industry. The policy, introduced in 2023 by Co-operatives Cabinet Secretary Wycliffe Oparanya, aimed to speed up payments by cutting out delays and …
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The National Coffee Cooperative Union (NACCU) is calling on the Ministry of Cooperatives and MSME Development to delay the full implementation of direct payments to coffee farmers until June 2026. In a letter to Cabinet Secretary Wycliffe Oparanya, NACCU Chair Francis Ngone requested a one-year extension, citing challenges with incomplete …
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The government has imposed a three-month freeze on the registration of new Savings and Credit Cooperatives (Saccos) to allow for major reforms aimed at tackling fraud and strengthening oversight in the sector. Click here to join our WhatsApp Channel Cooperatives and MSMEs Cabinet Secretary Wycliffe Oparanya announced the moratorium following …
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Co-operatives Cabinet Secretary Wycliffe Oparanya has reaffirmed that individuals who have defaulted on repaying part of the Sh60 billion disbursed under the Hustler Fund will be required to pay back the money. Oparanya explained that the fund benefited over 20 million borrowers, but only 2 million have made the required …
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The Lower Eastern Times Opening The Third Eye