Sasra targets shared services platform for co-operatives

National Treasury Cabinet Secretary Prof Njuguna Ndung’u reads the 2023/2024 Budget speech in Parliament on June 15, 2023. PHOTO | SILA KIPLAGAT | NMG

The Sacco Societies Regulatory Authority (Sasra) is proposing amendments to the law to allow for a shared services platform to help saccos enhance operations at reduced costs.

The Treasury has revealed that Sasra has proposed an amendment to the Sacco Societies Act, 2008 to provide for the creation, licensing and supervision of the shared platform that promises to support small players struggling facing budget constraints.

PAYE Tax Calculator

Note: The results are not exact but very close to the actual.