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Chelugui disbands KUSCCO board over alleged financial impropriety

This follows a preliminary examination of union's financial records conducted by an audit firm

Kenya , Msmes-development-simon-chelugui , Credit-union , Cooperatives-development , Kenya-union-of-savings , Development-simon-chelugui , Kenya-union , Grant-thornton , Kuscco , Chelugui , Managers

Giant Kuscco under probe over illegal sacco business

Saccos umbrella organisation under investigation for allegedly engaging in illegal deposit-taking business.

Kenya , Simon-chelugui , Kenya-union-of-savings , Small-medium-enterprises-cabinet , Credit-cooperative-society-limited-kuscco-ltd , Kenya-union , Cooperative-society-limited , Kuscco-ltd , Saccos , Sacco , Kuscco , Kenya-union-of-savings-and-credit-cooperative-society

Kuscco's all-male board the tip of the iceberg in gender rule violation

A spot check on websites of different companies reveal massive noncompliance.

Nation-africa , Gender-equality , Kuscco , Savings-and-credit , Board-of-directors ,

Kuscco's all-male board only the tip of the iceberg in gender rule violation

A spot check on websites of different companies reveal massive noncompliance.

Nation-africa , Gender-equality , Kuscco , Savings-and-credit , Board-of-directors ,

Boardroom boys' club: Kuscco's is only a tip of the iceberg

Gender equality battle: The banking industry is relatively better, with most companies complying with the gender principle

Nation-africa , Gender-equality , Kuscco , Savings-and-credit , Board-of-directors ,

Ministry taps Saccos to grow affordable housing uptake

Plan includes inclusion of Sacco's as beneficiaries of the mortgage relief Income Tax provisions.

Nachu , Central , Kenya , Simon-chelugui , Charles-hinga , Retirements-benefits-authority , Kenya-mortgage-refinance-corporation , National-co , Housing-union , Sacco-societies-regulatory-authority , Kenya-union-of-savings-credit-cooperatives , Department-of-housing

Saccos plan collaboration as new regulations take effect

Hundreds of Saccos to be under Sasra’s oversight as new regulations take effect.

Kenya , Peter-munya , Bishop-david-oginde , George-ototo , James-mwangi , Abdullahi-ibrahim , Sacco-societies-regulatory-authority-sasra , Saccos-leaders-convention , Kenya-union-of-savings , Ministry-of-agriculture , Equity-bank , Saccos-leaders

Saccos want remittance defaulters forced to pay

Saccos want remittance defaulters forced to pay
Thursday January 21 2021
By JAMES KARIUKI
Summary
Kuscco wants universities, county governments, water companies and fresh produce entities compelled to release statutory deductions owed to saccos totalling Sh3.8 billion.
Kuscco managing director George Ototo said saccos were finding it difficult to fulfil their obligations due to the remittance deficit.
This is even as they report rising defaults by borrowers, many of whom have lost their jobs due to the Covid-19 pandemic.
The Kenya Union of Savings and Credit Co-operatives (Kuscco) wants universities, county governments, water companies and fresh produce entities compelled to release statutory deductions owed to saccos totalling Sh3.8 billion.

Nairobi , Nairobi-area , Kenya , George-ototo , Nitunze-sacco , Kenya-union-of-savings , Saccos-regulatory-authority-sasra , Kenyatta-university , University-of-nairobi , Kenya-union , Saccos-regulatory-authority , Kuscco