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Licensed Deposit-Taking SACCOs In Kenya – Complete Guide
Kenya’s savings and credit cooperatives (SACCOs) remain one of the most trusted ways to save money, access credit, and grow wealth at grassroots levels. …
Best Saccos in Kenya for Maximum Returns
Looking for smart ways to save, grow your money, or access affordable credit? Joining a SACCO could be your best move in 2025. SACCOs …
Broke Mwalimu Sacco To Sell Its Land To Members In Bid To Recover Spire Bank Losses
Mwalimu Sacco Chairman Joel Gachari Mwalimu National Sacco, facing financial difficulties after the purchase of troubled Spire Bank, is now turning to the sale …
How is CBK’s support for looted Spire Bank going?
Patrick Njoroge, Governor of Central Bank of Kenya In October 2021, the mainstream media reported that the Central Bank of Kenya (CBK) had supported …
Meet the executive accused of making Mwalimu National Sacco go broke
Robert Lukhanda Shibutse, CEO at Real People Hello Cyprian The current woes facing Mwalimu National Sacco can be summed up in three words: Robert …
Spire Bank in panic after regulator cracks whip on Mwalimu National Sacco
Spire Bank branch The management of the struggling Spire Bank, a teachers’ owned financial institution is in panic after the Sacco Societies Regulatory Authority …
Sasra suspends CEO and Board Chairperson of Mwalimu Sacco
The Sacco Societies Regulatory Authority (SASRA) has suspended the CEO and Board Chairperson of Kenya’s largest Sacco, Mwalimu National Sacco, over alleged fraud. Suspended …
Govt blames Naushad Merali for the 'fall' of Spire Bank that is run by struggling Mwalimu National Sacco
Naushad Noorali Merali, the chairman of Sameer Group. Merali sold Equatorial Commercial Bank (now Spire Bank to Mwalimu National Sacco for Sh2.6 billion a …
SASRA bribed to go mute on Mwalimu National Sacco scandals
John Mwaka - CEO SASRA. Many teachers wonder why despite the complaints over the looting at the Mwalimu National Sacco (MNS) a thing that …
Co-operative Alliance of Kenya seeks answers from mismanaged Mwalimu National Sacco
Mr. Alphonse Kaio. Chief Executive Officer Mwalimu National Sacco Late last month, nyakundireport.com reported that Mwalimu National Sacco was having cash flow problems. “Currently, …