By Alfred Mosoti
A top Sacco official has said challenges facing the Sacco industry has little or nothing to do with the past Kanu regime. John Peter Getundu, Treasurer of Tower Sacco, is urging members to instead concentrate on how to be more efficient, productive and competitive. Getundu attributes challenges facing the co-operatives sector to greed by unscrupulous officials who took advantage of the liberalization of markets in the 1980s to plunder Co-op sector resources.
He added that this massive theft in the sector was not only confined to Central Region, where big players exist, but was also seen in other parts of the Country.
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