Court Dismisses Petition Against Bandari Sacco Management
A judge in Mombasa has dismissed a multi-million shilling case in which Bandari Sacco had been sued by a member over what he claimed was mismanagement of the savings and credit society's finances. Justice John Mativo in a constitutional ruling made in Mombasa on...
Return of Pyramid Schemes and Financial Fraudsters
Kenyans financially strained by the COVID-19 pandemic could easily fall prey to fraudulent dealers who promise instant riches
Digital lenders should self-regulate before Big Brother moves in
There is growing concern over the increasing number of unlicensed and unregulated financial products
Regulator raises red flag over Saccos’ status
Less than half of175 deposit-taking saccos would meet the minimum threshold of capital if all their customers claimed their contributions, SASRA says