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12,000 Saccos face axe over missing returns

Cooperatives and MSMEs CS Wycliffe Oparanya before a vetting committee at County Hall, Nairobi. [Elvis Ogina, Standard]

Cooperatives and MSMEs Cabinet Secretary Wycliffe Oparanya has warned that more than 12,000 savings and credit cooperative societies (Saccos) risk deregistration for failing to submit mandatory financial returns.

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