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Kenya should not tax SACCOS

By DICKSON MUNDIA

Kenya savings and credit cooperative societies (SACCOS) have mobilized some 500 Billion Kenya shillings (USD 6.0 Billion) in savings over the years. This amount represents close to 40% of the Gross Domestic Savings (GDS). These savings have been used for increased food production, educating children, buying houses, health care and other investment.

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