CS Cooperatives Wycliffe Oparanya ( C) with Commissioner for Cooperative David Obonyo ( l) during leadership forum in Naivasha.
CS Cooperatives Wycliffe Oparanya ( C) with Commissioner for Cooperative David Obonyo ( l) during leadership forum in Naivasha.

Over 10,000 SACCOs face closure for failure to file annual returns

The Ministry of Cooperatives and Micro, Small and Medium Enterprises (MSME) Development has issued a stern warning to SACCOs (Savings and Credit Cooperative Societies) that have failed to file their annual returns, confirming that those who remain non-compliant risk having their licenses revoked. Cabinet Secretary  for the Ministry of Cooperatives and MSME Development, Wycliffe Oparanya,…

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Coorperatives and MSMEs CS Wyckliffe Oparanya/photo courtesy

CS Oparanya orders Cooperatives, MSMEs to file annual returns or face deregistration

Cabinet Secretary for Cooperatives and MSMEs,  CS Wycliffe Oparanya, has ordered all cooperative societies that have not filed their annual returns to do so by June 30, or risk deregistration. “As stipulated under the Cooperative Societies Act, all cooperative societies, including unions, national cooperative organizations, and apex cooperatives, are required to file their annual returns…

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