Saccos growth threatened by low savings due to rising inflation
By Azael Masese Kenya’s saving rate might decline due to skyrocketing inflation, raising fears on the country’s ability to raise the necessary capital for investment. The cooperative sector and Savings and Credit Cooperative Societies (Saccos) in particular stand to be the biggest losers. As Kenya marked the 100th Ushirika Day on 2nd July 2022, it was praised…
