Kimani Ichung’wah - 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…

Trade Committee finalizes review of public input on Business Laws (Amendment) Bill, 2024

Sacco ReviewDecember 3, 2024December 3, 202403 mins

The Departmental Committee on Trade, Industry, and Cooperatives has finalized its review of a report on the input of the public on the Business Laws (Amendment) Bill, 2024. The Committee, chaired by Embakasi North MP James Gakuya examined the report a day after concluding a three-day public participation exercise. The Bill, sponsored by Majority Leader…