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Wednesday, July 2, 2025

USHIRIKA DAY CELEBRATIONS SET TO AWARDS BEST SACCOS


MR. DANIEL MARUBE SPEAKING AT A PRESS CONFERENCE 

The Co-operative Alliance of Kenya, the apex body of the Cooperatives will be hosting this years ushirika day at the Kenyatta convention center (KICC)on 12th July  themed “Cooperatives Build a Better World” This follows county chapters to be held on 5th of July.



Speaking during a press conference at CIC plaza in Nairobi Daniel Marube vice chairperson National ushirika day has said  over one hundred and seventy cooperatives are expected to attended and exhibit culminating to awards ceremony in 12th July.Marube has called on the youths to fully participate in cooperatives and cie for positions since there is space for the youths and women to participate in leadership.

 
A bill is in senate to ensure in future no sacco funds will be lost through corrupt gatekeepers and if lost their properties will be auctioned to recover the funds,a move that will restore public confidence in sacco investments.Further the Co-operatives are embracing technology with a mews formed Cop Tech that will use new technologies to minimise loses and risks in lending and pilferage.


Cooperatives have employed over 750,000 Kenyans across the country making saccos a major source of income through loans that serve to uplift the lives of Kenyans however the non performing loans have been a major issue currently standing at 5percent according to Marube. 




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