Matatu SACCOs - Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya

Matatu SACCOs risk shut down as CS Oparanya orders for review

Sacco ReviewSeptember 25, 202505 mins

Cabinet Secretary (CS) for Co-operatives and MSMEs Development, Wycliffe Oparanya, has raised concerns over the misclassification of Transport Cooperatives as Savings and Credit Cooperative Societies (SACCOs), urging for a comprehensive review of their structure and regulatory oversight. Speaking during the official release of the Sacco Supervision Annual Report 2024, Oparanya noted that several entities operating…

Matatu Saccos not collecting revenue for county, says Machakos Finance Executive

Sacco ReviewSeptember 6, 202504 mins

Machakos County Finance Executive Member Onesmus Kuyu has refuted claims that Matatu Sacco members have been collecting revenue for onward transmission to the County Treasury contrary to regulations. The claims were made by Mua Ward MCA Mr. Francis Ngunga while contributing to a motion on the floor of the County Assembly on Tuesday. Mr. Kuyu,…

Matatu SACCOs not collecting revenue for county, Machakos finance executive says

Sacco ReviewMarch 12, 2025March 12, 202504 mins

Machakos County Finance Executive Member, Onesmus Kuyu, has refuted claims that Matatu Sacco members have been collecting revenue for onward transmission to the County treasury in violation of regulations. The claims were made by Mua Ward MCA, Mr. Francis Ngunga, while contributing to a motion on the floor of the County Assembly on Tuesday. Mr….