CS Cooperatives and MSMEs Wycliffe Oparanya with his PS Patrick Kilemi at SACCA Congress 2024/Photo File
State allays fears over proposed small SACCOs mergers, says members’ savings won’t be undermined
The government has sought to allay fears among low-income and small cooperative societies, assuring them that proposed mergers with larger Savings and Credit Cooperative Organisations (SACCOs) will not threaten their stability or members’ savings. Cooperatives Principal Secretary Patrick Kilemi said the reforms are intended to stabilise the SACCO sector, improve governance and enhance performance through…
