State optimistic about saccos’ growth despite fraud cases

  • | Citizen TV
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    The government has reaffirmed its confidence in the growth and resilience of Savings and Credit Cooperative Societies (Saccos), despite the recent KUSCCO scandal that resulted in the loss of billions of shillings in member savings. The state continues to reassure stakeholders that the Sacco sector remains strong but has emphasized the need for reforms to prevent financial mismanagement.