Co-operatives Cabinet Secretary Wycliffe Oparanya/ Photo File
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…
