The government has announced several strict measures to regulate the SACCO industry after the sensational scandal involving the Kenya Union of Savings and Credit Co-operatives (KUSCCO).
Commissioner of Cooperatives David K.
K.
Obonyo issued an update on Monday, March 3, detailing new measures set to be put in place to regulate SACCOs, who will now be forced to tow the line in a bid to curb the daunting issue of mismanagement of members' funds.