Cooperatives and Micro, Small and Medium-sized enterprises Cabinet Secretary Wycliffe Oparanya faces the task of injecting confidence into millions of members of Savings and Credit Cooperative Organisations (Saccos) in the wake of mismanagement and loss of funds in various cooperatives.
He is now handling the Kenya Union of Savings and Credit Co-operatives Limited (Kuscco) heist which saw at least Sh13.3 billion looted, leaving the entity insolvent to the tune of Sh12.5 billion.