Mwalimu National Sacco, facing financial difficulties after the purchase of troubled Spire Bank, is now turning to the sale of its two 14-hectare parcels of land in Juja...
Tag - Mwalimu National Sacco
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 management at...
The management of the struggling Spire Bank, a teachers’ owned financial institution is in panic after the SaccoSocieties Regulatory Authority (SASRA) cracked the whip...
In December 2020, Mwalimu National Sacco (MNS) fully acquired Spire Bank from businessman Naushad Merali. It is emerging that the whole transaction cost some Sh1.7...
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 Ministry...
Late last month, cnyakundi.com reported that Mwalimu National Sacco was having cash flow problems. “Currently, members can’t withdraw their money, that is...
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 from the...
Hi Nyakundi, This is to expose Mr. Wellington Otiende working as an auditor at Teachers Service Commission (TSC). He managed to be elected as a chairman to the board of...