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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 Area , George Ototo , Nitunze Sacco , Kenya Union Of Savings , Saccos Regulatory Authority Sasra , Kenyatta University , University Of Nairobi , Kenya Union , Saccos Regulatory Authority , நைரோபி பரப்பளவு , கேந்ய தொழிற்சங்கம் ஆஃப் சேமிப்பு , கெநியாட பல்கலைக்கழகம் , பல்கலைக்கழகம் ஆஃப் நைரோபி , கேந்ய தொழிற்சங்கம் ,

Women locked out of sacco management, survey shows


Only six out of 165 chairpersons of deposit-taking savings and credit cooperative societies (DT-Saccos) in Kenya are women. ....

Saccos Regulatory Authority Sasra , Saccos Regulatory Authority ,