Kenya’s Cooperative sector reels from Ksh3.49 Billion remittance crisis

Kenya’s cooperative banking sector, a cornerstone of financial inclusion for millions, is grappling with a deepening liquidity crisis, according to the Sacco Societies Regulatory Authority (SASRA) 2024 Supervision Report, released recently by Cabinet Secretary for Cooperatives and MSMEs Wycliffe Oparanya. The report has exposes a staggering Ksh3.49 billion in unpaid salary deductions owed to 85 … Continue reading Kenya’s Cooperative sector reels from Ksh3.49 Billion remittance crisis