Jack Ranguma, SASRA Board Chairman. Photo/File
Jack Ranguma, SASRA Board Chairman. Photo/File

High stakes as stakeholders review experts’ report on Sacco reforms

Stakeholders in the savings and credit co-operative sector are reviewing a report by a team of experts proposing far-reaching reforms that could reshape regulation, governance and operations of Saccos in Kenya. The proposals, which are now at the validation stage, come amid growing pressure to strengthen oversight, protect member savings and address emerging risks in…

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Co-operatives and MSMEs Development CS Wycliffe Oparanya/photo file

Oparanya unveils bold SACCO reforms after Ksh 13B scandal

Co-operatives and MSMEs Development CS Wycliffe Oparanya stood before SACCO leaders at Kenya Union of Savings and Credit Co-operatives (KUSCCO).on 23 June, 2025, and delivered an upbeat progress report on the sector clean-up launched after the KSh 13 billion KUSCCO scandal. He said investigative files have been handed over for prosecution and promised that “every…

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