liquidity platform - Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya

Sacco liquidity plans stall as Cooperatives Bill delays persist

Sacco ReviewAugust 27, 202606 mins

Saccos await legal reforms that could unlock shared liquidity and cheque clearing access. Delays in the Cooperatives Bill are slowing efforts to strengthen governance and competition. Industry leaders say a unified payments and lending platform could boost deposits, loans and membership. Saccos offering Front Office Service Activity (FOSA) are losing ground to rival lenders. Parliament…