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State pushes to merge Saccos with new policy

By Lee Mwiti | 7yrs ago

KUSCCO Managing Director George Ototo (centre) flanked by George Magutu (left) National Chairman,KUSCO and Mary Mungai,Commissioner for Co-Operative Development address the media during the launch of Kenya Union of Savings & Credit Co-operatives (KUSCCO) Ltd's Agribusiness Product at the Laico Regency hotel,Nairobi. [Elvis Ogina.Standard]

The Government is formulating a policy that will enforce merger of saccos, as weak liquidity and tough accounting rules begin to bite.

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Related Topics

Government Commissioner for Cooperative Development Mary Mungai State Kenya Union of Savings and Credit Co-operatives Sacco Societies Regulatory Authority Kuscco Chief Executive George Ototo Policy

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