CS cooperatives and MSMEs Wycliffe Oparanya before Members of the Committee on Trade, Industry and Cooperatives. Photo/File
CS Oparanya unveils Deposit Guarantee Fund in SACCO sector shake-up
Cabinet Secretary for Cooperatives and SMEs, Wycliffe Oparanya, has announced the introduction of a Deposit Guarantee Fund aimed at protecting members’ savings in SACCOs in the event of a SACCO collapse. Oparanya assured members that their deposits would be safeguarded, ensuring that they can recover their money even if their SACCOs fail. Speaking about the…
