County governments under fire for non-remittance of Saccos deductions

KUSCCO Group Managing Director George Ototo has revealed that most county governments have failed to remit recoveries from payrolls to Saccos to enable them operate efficiently. Speaking during the 8th Annual Sacco Leaders Convention in Mombasa, Ototo said the non-remittances amounted to Ksh1.4 billion whereas amounts from other entities like government owned enterprises was Ksh2.8 … Read more

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Change beckons as KUSCCO boss hints at coops forming federations

By George Otieno All Cooperatives will in future become federations and subscribe to an apex body, group managing director of the Kenya Union of Savings and Credit Cooperatives (KUSCCO) George Ototo has hinted. A restructured Cooperative sector will ensure sustainability and viability as it will solely depend on the subscription of the cooperative members. Ototo … Read more

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