The Sacco indicates that the amount related to a fixed deposit was held at KUSCCO and matured on January 16, 2024, but the union could not honor the withdrawal request. Members of Kimisitu SACCO ...

Several SACCOs, including IG SACCO (KSh 568.66M), Kimisitu SACCO (KSh 353.95M), Mhasibu SACCO (KSh 480.6M), and Balozi SACCO (KSh 437.55M), have made substantial provisions. The affected SACCOs face ...

Among the hardest hit are Mhasibu Sacco, which stands to lose over Sh480 million; Kimisitu Sacco, which could lose more than Sh353 million; and the Law Society of Kenya Sacco, which expects to ...

Other SACCOs at risk include Kimisitu SACCO, which will lose Ksh 353.95 million, and the Law Society of Kenya SACCO, which will lose at least Ksh 19 million despite efforts to terminate their ...

According to their financial results, Mhasibu SACCO is set to lose over Ksh. 480 million, while members of Kimisitu SACCO will lose over Ksh. 353 million. Members of the Law Society of Kenya SACCO ...

Disclosures from the top 40 saccos by deposits show a 13.7 percent increase in dividends from the Sh41.34 billion surplus ...

Similarly, Kimisitu Sacco and Stima SACCO disclosed a massive write-off of Sh353.95 million and Sh108 million, respectively, further highlighting the depth of the losses that have affected Sacco ...