Small-sized SACCOs to merge to enhance oversight, stability; CS Oparanya reveals

Small-sized Saccos with deposits of below Ksh 100 Million will be merged with the larger ones, this is in line with the Ministry of Co-operatives guidelines which aim to tighten supervision of thousands of co-operatives spread across the country with thin capital and deposit bases. Speaking during the Sacco Supervision Annual Report 2024, Co-operatives Cabinet … Continue reading Small-sized SACCOs to merge to enhance oversight, stability; CS Oparanya reveals