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Sacco regulator probes rapid growth of dormant members

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Acting CEO SASRA David Sandagi, Cooperatives PS Patrick Kilemi and CS Wycliffe Oparanya during the annual statutory report on the operations and performance of the regulated SACCOs in Kenya. [Wilbrforce Okwiri,Standard]

The Sacco Societies Regulatory Authority (Sasra) has launched an investigation into the consistent increase in the number of dormant members over the years, as the figure now inches closer to two million.

While the number of active members and total membership is also increasing, the rate at which dormant members are accumulating is higher, informing Sasra's intention to investigate the cause.

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