Why should retired teachers struggle to access Sacco funds?

Retired teachers should be able to access their legitimate Sacco savings and entitlements without unnecessary delays or uncertainty, according to Hillary Muhalya. Muhalya argues that retirement does not end teachers’ financial responsibilities, with medical bills, school fees and family support remaining major expenses. He calls on Sacco management to strengthen transparency, provide accurate financial statements…

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CS for Co-operatives and MSMEs Development, Wycliffe Oparanya and KETSA, Chairman, Robert Njue-Photo|Courtesy

State reaffirms commitment to strengthening teachers’ SACCOs

The government has reaffirmed its commitment to strengthening teachers’ SACCOs as part of wider efforts to build a stable, transparent and well-regulated cooperative sector that safeguards members’ savings and supports inclusive economic growth. Cabinet Secretary for Co-operatives and Micro, Small and Medium Enterprises (MSMEs) Development, Wycliffe Oparanya, gave the assurance during a high-level meeting with…

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