Cooperatives and MSMEs Development Cabinet Secretary Wycliffe Oparanya speaking in his office/Photo Courtesy
Govt to establish new regulator for non-SACCO cooperatives to sort oversight gap
The government is planning to establish a new regulatory authority to safeguard billions of shillings in non-Sacco cooperatives, a move aimed at addressing critical oversight gaps that have left thousands of Kenyans, especially farmers, vulnerable to financial loss. This was revealed by the Cooperatives and Micro, Small, and Medium Enterprises (MSMEs) Development Cabinet Secretary Wycliffe…
