CS Wycliffe Oparanya before the Senate Standing Committee on Trade, Industrialisation and Tourism at Bunge Tower on Tuesday, May 12, 2026-Photo|Courtesy
Oparanya briefs senators over KUSCCO’s KSh12B deficit as SACCO reforms intensify
Cabinet Secretary for Co‑operatives and MSMEs Development Wycliffe Oparanya has disclosed that the Kenya Union of Savings and Credit Cooperatives (KUSCCO) is grappling with a financial deficit of nearly Ksh12 billion, a crisis uncovered through a forensic audit that revealed years of misreported profits. The revelation comes as the government intensifies reforms aimed at restoring…
