The Standard Group Plc is a
multi-media organization with investments in media platforms spanning newspaper
print operations, television, radio broadcasting, digital and online services. The
Standard Group is recognized as a leading multi-media house in Kenya with a key
influence in matters of national and international interest.
Sacco Societies Regulatory Authority CEO John Mwaka speaking on the Non-deposit taking SACCOs regulations which prescribes the prudential and market conduct measures to be complied with by all SACCO Societies.[Wilberforce Okwiri,standard]
Savings and credit co-operative societies (Saccos) must comply with new regulations by June 30.
The Sacco Societies Regulatory Authority (Sasra) has ruled out an extension for compliance to the Sacco Societies (Non-Deposit-Taking Business) Regulations, 2020, saying the societies had over a year to prepare for the rules.
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