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Harambee Sacco applies for mortgage license

Harambee Sacco CEO Dr George Ochiri. [Wilberforce Okwiri, Standard]

Harambee Sacco has applied for a licence to offer mortgage services in a diversification plan that will see it mop up excess liquidity.

This comes at a time when the giant Sacco, which has over Sh3 billion in the property portfolio, has halted planned disposal of some of its properties due to a slump in the market.

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