Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
The cooperative finance sector in Kenya is under growing scrutiny as fresh revelations expose extensive financial mismanagement and fraud across savings and credit cooperatives (SACCOs), with annual losses exceeding Ksh3 billion. According to the Sacco Societies Regulatory Authority (SASRA), these massive losses are attributed to poor governance, unremitted member contributions, liquidity challenges and a widespread…
Chuna Sacco Society Limited, a tier-3 deposit-taking Sacco regulated by the Sacco Societies Regulatory Authority (SASRA) and located in Nairobi, is looking to hire a qualified and professional Chief Executive Officer who can effectively align with the Sacco’s goals and objectives. The role involves providing daily leadership, management, and vision to ensure the efficient and…
For close to a year, Sacco Societies Regulatory Authority (SASRA) board has been taking shape, starting with the appointment of Jack Ranguma, the former governor of Kisumu County, as the chairperson on February 6, 2023. There have been other new faces too. For instance, Freda Moraa, a former legal advisor in the Office of the…
