Co-operatives and MSMEs Development CS Wycliffe Oparanya alongside other Sacco sector leaders when he officially opened the KUSCCO 11th Annual SACCO Leaders’ Convention in Mombasa-Photo|Courtesy
Experts call for continued freeze on new Sacco registrations pending legal reforms
A government‑appointed team of experts has advised the Ministry of Co‑operatives and MSMEs Development to maintain the suspension on registering new Saccos until a stronger legal framework is established. This comes amid concerns over governance gaps, unregulated growth, and the safety of members’ deposits in Kenya’s expansive cooperative sector. The committee, formed by Cabinet Secretary…
