Tag: Nufaika Sacco

SASRA has highlighted voluntary mergers as an option for strengthening regulated Saccos. Proposed legislation requiring smaller Saccos to merge has sparked debate across the sector. Smaller cooperatives warn that compulsory mergers could threaten grassroots financial inclusion. The Sacco Societies Regulatory Authority (SASRA) has reported that two regulated Savings and Credit Cooperative Societies (SACCOs) successfully amalgamated…