Home Business Unregulated saccos risk closure for snubbing listing

Unregulated saccos risk closure for snubbing listing

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Business Daily | by Bonface Otieno


Hundreds of small unregulated savings and credit co-operative societies (Saccos) with more than Sh100 million and those operating online risk closure after they failed to meet the June regulatory deadline for registration.

Only 157 saccos beat the June 30 deadline for application to the Sacco Society Regulatory Authority (Sasra), out of which…

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