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Govt Announces Crackdown on SACCOs


SACCOs Put on Notice in Govt Crackdown
File image of Kenyan bank notes
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The government is set to embark on a crackdown on Savings and Credit Co-operatives (SACCOs) in Kenya 
In a notice by the Societies Regulatory Authority (SASRA) CEO
John Mwaka on Friday, January 29, the SACCOs undertaking the specified non-deposit-taking SACCO (BOSA) business were given various deadlines to comply with components of the Acts and the Regulations 2020.
The institutions are required to provide the detailed particulars and other information relating to the SACCO Societies within the next thirty days (since the date of publication of the notice) by completing the detailed particulars and information of non-withdrawable deposit-taking SACCO societies. ....

John Mwaka , Societies Regulatory Authority , Taking Sacco Business , சமூகங்கள் ஒழுங்குமுறை அதிகாரம் , எடுத்துக்கொள்வது ஸ்யாகொ வணிக ,