A court order obtained by the Kenya Union of Savings and Credit Co-operatives (KUSCO) on November 15, 2023 has barred the Sacco Societies Regulatory Authority...
Search Results For - SASRA
The Sacco Societies Regulatory Authority (SASRA) has suspended the CEO and Board Chairperson of Kenya’s largest Sacco, Mwalimu National Sacco, over alleged...
Many teachers wonder why despite the complaints over the looting at the Mwalimu National Sacco (MNS) a thing that threatens to collapse their livelihoods, the...
We continue trying to unmask this man, John Mutua Mwaka and his partner Boniface Musumbi. This is a CEO who doesn’t mean any good for SASRA. He frustrated the...
Hi Nyakundi, I send this as received Hi Nyakundi, please do not reveal identity. Please publish this widely. We write to you as staff at SASRA, and we have...
SASRA: Sacco Societies Regulatory Authority (SASRA). SASRA is mandated to regulate and supervise Sacco societies. But they have failed in this mandate and have...
Following our appeal for information on the Sacco Societies Regulatory Authority (SASRA) management, we’ve received the first batch of information. We asked if...
Saccos are savings and credit cooperative societies that offer various financial services to their members, such as savings, loans, dividends, and investment...
A concern raised by CBK regarding the regulation of KUSCCO’s deposit-taking business, following a complaint by a concerned SACCO leader, has initiated a...
Reggie Chaney’s passing on August 21, 2023, sent shockwaves through the college basketball community. Reggie Chaney, the former forward for the...
The Safaricom Investment Cooperative has hired the Directorate of Criminal Investigations officers to investigate information leakage and silence dissent, the...
In October 2021, the mainstream media reported that the Central Bank of Kenya (CBK) had supported cash-strapped Spire Bank. The exact amount of money given to...
D.Light Sacco also known as Solar Rays Energy Sacco is accused of financial malpractices by one of their members. “I work for D.light solar company. Here our...
Hello Cyprian The current woes facing Mwalimu National Sacco can be summed up in three words: Robert Lukhanda Shibutse. Dr Shibutse (Phd) was part of the...
The management of the struggling Spire Bank, a teachers’ owned financial institution is in panic after the SaccoSocieties Regulatory Authority (SASRA) cracked...
Late last month, cnyakundi.com reported that Mwalimu National Sacco was having cash flow problems. “Currently, members can’t withdraw their money, that...
Mwalimu National Sacco (MNS) is having cash flow problems. The shell of a bank they purchased in the name of Spire isn’t helping things. MNS withdrew its money...
The senior editor of this site has received a complaint from an anonymous member of Shoppers Sacco that is allegedly being defrauded by its CEO and Chairman...
Members of the once giant Kisumu Teachers Savings and Credit Co-operative Society are calling upon relevant state agencies to urgently investigate activities...
Clients of Urithi Sacco have written to the government asking for help in what they see as another case of a collapsing outfit that’ll wipe out their...
Hi Cyprian Nyakundi, Hope this finds you well. I work at a company called DAC Aviation (EA) LTD and we are experiencing problems. The company has not been...
[ad_1] Saccos will now have to dig deeper into their pockets to pay more levies annually from member contributions. They will also be required to pay...
The editor of this site has exposed a lot of Sacco crooks in this country. The editor doesn’t relent, he doesn’t wink and he is not afraid to whistleblow any...
Kenyans working in the middle East are trying to escape the high rate of unemployment occasioned by the corrupt successive regimes. Africa does not lack...
We have previously exposed fraudulent dealings by Sacco management that have caused discomfort in the once trusted sector. Massive looting is the order of the...
The new Commissioner of Cooperatives is Didacus Ityeng, at least in an acting capacity. Didacus takes over from rogue Commissioner of Cooperatives Ms. Mary...
Media reports says that the Sacco sector in Kenya worth over Kshs. 1 Trillion has been invaded by cartels who have colluded with the board, management and...
Over the past few weeks, this site has taken upon itself to expose the rot in the Sacco sector in Kenya. Last week we highlighted the story of a retired member...
After our expose on how the rogue Urithi Housing Sacco grabs land and sells to unsuspecting buyers who then are left without requisite document to prove that...
On Thursday, an article written by Delfhin Mugo and published by the Nation Media Group was massively shared online. The article, title ‘Cooperatives...
