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 - Spire Bank
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 Spire Bank...
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...
When Onesmus Muia, the Chief Executive Officer (CEO) of Spire Bank took over from Dr. Norman Naaman Ambunya in mid 2019, the bank was teetering on the bring of collapse...
