Saccos have recently released their full year financial results, amid a storm over the potential losses running into billions from their exposure to fraud at their union Kuscco, and proposed changes to the Sacco Act of 2008.
The Business Daily spoke to Mwalimu National Sacco chief executive Kenneth Odhiambo about the health of the sector, and his Sacco’s new investment strategy after it shed the loss-making Spire Bank.
