Daniel Marube - Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya

Co-op sector pushes for deposit guarantee fund and central liquidity to safeguard members’ savings

Sacco ReviewApril 24, 202604 mins

Cooperative Societies of Kenya Chief Executive Officer Daniel Marube has called for stronger safeguards to protect members’ savings, including the establishment of a deposit guarantee fund and enhanced regulatory powers for the Sacco Societies Regulatory Authority (SASRA). Speaking during the inaugural Regulatory Policy and Legal Roundtables for Specified Non‑Withdrawable Deposit‑Taking Saccos in Nakuru County, Marube…

State told to expedite formulation of national co-op policy

Sacco ReviewOctober 24, 2019October 24, 201903 mins

By Collins Akong’o The Cooperatives Alliance of Kenya Chief Executive Officer Daniel Marube has called on the government to speed up ratification of the national policy on cooperative development. Speaking in Mombasa during Ushirika Day celebration, Marube said a standardized national policy on activities of cooperative societies will spur growth across the 47 counties. He…

Members to have say on co-op leaders’ tenure

Sacco ReviewMay 22, 2019May 22, 201902 mins

By Rosemil Oduor Members of the co-operative societies will now have the responsibility of determining how long their leaders hold positions, acting Commissioner for Cooperatives Didacus Ityeng’ has said. He said with the introduction of a new draft co-operative policy, co-operatives will have more self-regulation. The new policy will only allow for government interference in…