Connect with us

Hi, what are you looking for?

Capital Business
Capital Business

Kenya

Coops urged to consider value addition

MARAKWET, Kenya, Apr 13- Assistant Minister Linah Jebii Kilimo has asked co-operative societies in the Kerio Valley to engage in value addition projects to effectively compete in a liberalised economy.

Mrs Kilimo said co-operatives have the potential to address poverty in the society and asked the management of such bodies to engage in projects aimed at uplifting the living standards of their members.

“Residents should also join co-operative societies and pool resources together and empower each other financially. Selfish interests will only hold back the development of the area,” she cautioned.

Addressing a group of farmers from Marakwet District in Eldoret town, Mrs Kilimo expressed concern that a number of co-operative societies in the region had collapsed after engaging in projects which could not generate income for them.

She warned that poverty levels will never be reduced in the area unless farmers worked as a team and formed co-operative societies with a view to initiating viable development projects that can uplifting their living standards.

Such partnerships she observed would also help farmers to market their produce as a team and therefore fetch good prices for their crop.

“It is good we face the facts. Unless we form co-operative societies, market our produce together and engage in value addition projects, we are not going to benefit from our agriculture,” she said.

She asked Kenyans to take advantage of the government’s commitment to reviewing policies and laws governing co-operative societies by joining such movements in large numbers.

Click to comment
Advertisement

More on Capital Business

Executive Lifestyle

NAIROBI, Kenya, Mar 12 – The country’s super wealthy individuals are increasing their holding of bonds, gold and cash, a new report by Knight...

Ask Kirubi

NAIROBI, Kenya, Mar 9 – Businessman and industrialist Dr. Chris Kirubi has urged members of the public to exercise extreme caution when making any...

Ask Kirubi

NAIROBI, Kenya, Mar 24 – Businessman and industrialist Dr. Chris Kirubi is set to own half of Centum Investment Company PLC, following a go-ahead...

Ask Kirubi

It is without a doubt that the COVID-19 pandemic has caught the whole world by surprise. Although its full impact is yet to be...

Headlines

NAIROBI, Kenya, Mar 18 – Commercial Banks have been ordered to provide relief to borrowers on their personal loans, with loans eligible from March...

Kenya

NAIROBI, Kenya, Jun17 – Kenya’s tea leaves manufacturer Kericho Gold, has been awarded the Superbrands Seal by Superbrands East Africa for their quality variety...

Coronavirus

NAIROBI, Kenya, Apr 13 – As the local telecommunications industry gears up to roll out 5G networks in the country, the Communications Authority of...

Coronavirus

NAIROBI, Kenya, Mar 22 – Airtel Kenya is offering free internet access for students in order to enable continued learning at home in the...