State team Chairlady and the UK-based Capital Credit Union CEO Marlene Shiels speaking during Sacco Leaders Convention 2026 in Mombasa/Photo Courtesy
State team opposes Sacco shares trading on NSE, cites confusion and steep loss
The State-appointed team has opposed trading of Savings and Credit Cooperative Organization (SACCO) shares between members or on the National Securities Exchange (NSE), warning that the practice compromises the spirit of ownership and long-term participation. This comes on the back of a push by NSE for listing of Saccos on the stock market to boost…
