Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
Retirees of the giant West Kenya sugar company limited are now calling for the ethics and anticorruption commission (EACC) to investigate the fleecing of the Ksh.88Million by the sacco. The retirees allege that their efforts to have the sacco, which serves the miller employees, pay their retirement dues has failed in several occasions, prompting them…
By Fred Sitati The endemic cases of mismanagement in the cooperative movement have reached alarming proportions in the country according to the report released by the Ethics and Anti-corruption Commission (EACC) recently. The EACC Report is coming hot on the heels of the government creating an Anti-fraud Unit domiciled at the Sacco Societies Regulatory Authority(…
By Malachi Motano Savings and Credit Cooperative Societies (Saccos) must now tap into all sectors of the economy following the government’s budget for the 2021/22 fiscal year. According to the Director of Cooperatives Banking Division at the Cooperative Bank Vincent Marangu, the country has opened up now and is witnessing many business activities opening up…
