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

Troubled Metropolitan Sacco AGM ends unceremoniously in Kiambu

Sacco ReviewApril 26, 2024April 27, 202406 mins

Metropolitan Sacco 46th Annual General Meeting (AGM) that was taking place today at Kiambu High School ended unceremoniously as members demanded for financial reports. According to reports, the management of the Sacco said they did not have financial reports because SASRA had not approved them yet. The reports further indicate that members of the Sacco…

Fireworks expected as troubled Metropolitan Sacco holds AGM in Kiambu today

Sacco ReviewApril 26, 202406 mins

Metropolitan Sacco will hold its 46th Annual General Meeting (AGM) today at Kiambu High School. In a notice to members signed by its honorary secretary of the Sacco David Waweru Mwangi, the members will gather to adopt the annual reports and financial statements for the past two years and confirmation of the management and Supervisory…

TSC stopped 11,310 teachers’ remittances to Metropolitan Sacco

Sacco ReviewApril 18, 202404 mins

The Teachers Service Commission (TSC) released a list teachers whose remittances to Metropolitan Sacco had been stopped and those who are still active members. In a letter dated April 4, signed by TSC CEO Dr Nancy Macharia, directed to clerk of Senate, she said 11,310 teachers’ remittances were stopped while 2,401 teachers were still members…

Senate moves to stop deduction, remittance of teachers’ earnings to Metropolitan Sacco

Sacco ReviewNovember 28, 2023November 28, 202302 mins

The Teachers Service Commission (TSC) has been urged by the Senate Committee on Trade and Tourism to stop deducting money from teachers who have withdrawn from Metropolitan Sacco, which has gone under. The committee chairman Okiya Omutatah has also requested that all remissions to the Sacco be halted, stating that teachers have withdrawn from the…

Metropolitan Sacco members hold protests demanding refunds

Sacco ReviewNovember 16, 2023November 16, 202303 mins

Metropolitan Sacco members have staged protests demanding refund of their money totaling over Ksh7.7 billion. The members marched to the Sacco main office in Kiambu town to deliver a petition with a raft of demands. Led by their colleague, Fredrick Kago, the members demanded that; the Sacco sells its assets including land and pay members…