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Regulator proposes mergers of saccos in Kenya

Some savings and credit societies have failed to meet their obligations to members because of weak cash flows, says the regulator.

Sacco societies regulatory authority sasraOffice service activity bosaSacco societies regulatory authorityDeposit taking sacco societiesNon withdrawable deposit takingBack office service activitySacco mergesKenya saccosDeposit takingSacco societiesNon withdrawableFinancial sectorGovernment based saccos

Auditors say regulation of Saccos has helped tame cyber crime

They noted that the Sacco Societies Regulatory Authority (Sasra) has worked well with the co-operatives to weed out the crime that is a headache for many financial institutions.

Frederick ambaleRenson ndoroImarika saccoThomas ongalloImarika plazaSacco societies regulatory authority sasraCompany ltdDepartment of cooperatives ishmail abdi noorPrincipal secretaryState departmentCooperatives ishmail abdi noorKilifi townSacco societies regulatory authoritySacco chairman renson ndoroSacco rugulationCyber crime

Auditors say regulation of Saccos has helped tame cyber crime

They noted that the Sacco Societies Regulatory Authority (Sasra) has worked well with the co-operatives to weed out the crime that is a headache for many financial institutions.

Frederick ambaleRenson ndoroImarika saccoThomas ongalloImarika plazaSacco societies regulatory authority sasraCompany ltdDepartment of cooperatives ishmail abdi noorPrincipal secretaryState departmentCooperatives ishmail abdi noorKilifi townSacco societies regulatory authoritySacco chairman renson ndoroSacco rugulationCyber crime

Another Sacco joins the top tier category as its assets increase to Sh5b

Amica Sacco has been rated among the top in the country after its assets value rose to over Sh5 billion.

Nairobi areaJohn munuveJames mbuiAmica saccoSacco societies regulatory authority sasraMwalimu national saccoSacco societies regulatory authorityExecutive officer james mbuiUnited nations

Sacco regulator sets new levy to fund operations

New savings and credit co-operatives under the Sacco Societies Regulatory Authority (Sasra) will start paying an annual levy.

Nairobi areaSacco societies regulatory authority sasraDepartment forSacco societies regulatory authoritySacco societiesSpecified non deposit taking businessState departmentNon deposit taking business

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