Cooperatives read mischief in proposed law change

Cooperatives read mischief in proposed law change

Cooperative societies have opposed a move to change the Cooperative Societies Act and the Sacco Societies Act to bring in non members into the societies. According to the Co-operative Alliance of Kenya, the proposed changes contained in the Miscellaneous Amendment...
Sacco law changes will create classes – official

Sacco law changes will create classes – official

Saccos could become discriminatory institutions where a super group of individuals would have special rights if a Bill in Parliament becomes law, a cooperative official has said. Co-operatives Alliance Kenya CEO Daniel Marube on Tuesday said a “faceless person”...
CAK raises red flag on planned Bill

CAK raises red flag on planned Bill

Players in the co-operative movement are jittery over a threat they say is posed by a proposed law  that would allow membership of savings and co-operative societies (saccos) to outsiders. New amendments to the Sacco Societies Act welcomes membership of saccos to...