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Lobby opposes State plan to hike Sacco deposit tax

Commissioner for Cooperative Development Mary Mungai addressing delegates during the Kenya union of Savings and Credit Cooperatives (Kusco) Limited 30th Annual delegates meeting at Nairobi's Crowne Plaza Hotel. She assured members that Sasra will not be merged with other financial regulating institutions. [PHOTO: BONIFACE OKENDO/STANDARD]

Saccos have opposed the Government’s plan to hike a levy on member’s deposits.

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