Liquidity gaps could sink Saccos, warns SASRA

By Daniel Liyayi Sacco Societies Regulatory Authority (SASRA) has warned that continued absence of deposit insurance facility and access to the national payment systems may stifle growth of the Sacco movement. SASRA Director Sammy Ruto  said that despite the sector’s total assets having increased by 12.4 per cent to reach Sh442.27 billion in 2017, the…

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New SASRA ranking places CoreTEC as the leader in digital technology for Saccos

By Our Reporter CoreTEC Systems & Solutions is the leading Mobile (Digital) Financial Service Application provider company in country’s Sacco sector. In a recent survey conducted by Sacco Societies Regulatory Authority (SASRA), the firm ranks at the top of the leading companies in provision of digital technology to Saccos. According to 2017 Sacco Supervision Annual…

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