Labour and cooperative societies CS Simon Chelugui was among government officials present at the launch of the scheme on January 12. He pledged to work closely with saccos including Mwalimu to deliver on affordable housing.

Teachers to Get Cheap Home Loans in New Mwalimu Sacco Scheme

Mwalimu National Sacco, one of the country's largest and oldest cooperative societies, on Thursday, January 12 officially unveiled the Mwalimu National Sacco Affordable...

BUSINESS TODAY1 Mins read

Equity Group CEO James Mwangi noted in August that the bank was shifting focus to expansion from mitigation of the impact of Covid-19. [Photo/ Equity Bank Kenya]

Equity to Take Over Teachers’ Troubled Spire Bank

Equity Group Holdings has agreed a deal to acquire Spire Bank, the struggling bank currently owned by Mwalimu Sacco - a teachers' co-operative...

BUSINESS TODAY1 Mins read

A Mwalimu National Sacco branch. The sacco has come under scrutiny over alleged fraud.

BUSINESS

Teachers’ Woes Pile on as Mwalimu Sacco CEO Suspended

The CEO of Mwalimu National Sacco - Kenya's largest deposit-taking sacco, has been suspended after an investigation into alleged fraud was launched by...

MARTIN SIELE2 Mins read

Naushad Merali sells Spire Bank to Mwalimu Sacco

Teachers Get Their Own Bank. But is it Worth It?

Asian-born Kenyan Billionaire Naushad Merali has finally disposed of his stake in loss-making Spire Bank, formerly Equatorial Commercial Bank (ECB), to the giant...

BT Reporter3 Mins read

Mwalimu Sacco

Teachers to Get Cheap Home Loans in New Mwalimu Sacco Scheme

Equity to Take Over Teachers’ Troubled Spire Bank

Teachers’ Woes Pile on as Mwalimu Sacco CEO Suspended

Teachers Get Their Own Bank. But is it Worth It?

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