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Government tightens oversight on Saccos to safeguard members' deposits

Principal Secretary for Cooperatives and Micro, Small and Medium Enterprises, Patrick Kiburi Kilemi. [Elvis Ogina, Standard]

The Government has reaffirmed its commitment to implementing stringent reforms in the cooperative movement to protect members' savings and strengthen governance structures.

Cooperatives Principal Secretary Kiburi Kilemi said a raft of laws and policy proposals currently before Parliament and at the ministerial level are set to introduce critical changes to steer the sector in the right direction.

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