×
App Icon
The Standard e-Paper
Truth Without Fear
★★★★ - on Play Store
Download Now

Saccos wary of plan to merge regulators

The Umbrella body of Savings and Credit Co-operatives (Saccos) has called for caution as the Government moves to merge financial regulators in Kenya.

Speaking during the 29th Annual Delegates Meeting of Kenya Union of Savings and Credit Cooperatives (Kuscco), the lobby’s Managing Director George Ototo said while Sacco regulation is welcome, it should not derail the sector’s growth.

Get Full Access for Ksh299/Week
Uncover the stories others won’t tell. Subscribe now for exclusive access
  • Unlimited access to all premium content
  • Uninterrupted ad-free browsing experience
  • Mobile-optimized reading experience
  • Weekly Newsletters
  • MPesa, Airtel Money and Cards accepted
Already a subscriber? Log in