Policyholders and Creditors of Three Insurance Firms Face Six-Month Payout Freeze
The Policyholders Compensation Fund (PCF) has declared a moratorium, freezing payouts to policyholders of three troubled insurers for six months ...
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Tag: KUSCCO
IRA Bars Three Insurance Companies from Issuing Further Contracts, Holders to Seek Alternatives
The Insurance Regulatory Authority (IRA) has placed three insurance providers under statutory management. In public statements dated March 10 and ...
Govt Sets March Deadline for SACCOs to Submit Audited Financial Statements
The Sacco Societies Regulatory Authority (SASRA) has issued a directive requiring all regulated Savings and Credit Cooperative Organizations (SACCOs) to ...
KUSCCO Announces Second Phase of Nationwide Property Auction
The Kenya Union of Savings and Credit Co-operatives Ltd (KUSCCO) has announced the second phase of a major public auction ...
KUSCCO to Auction Over 50 Properties Across Kenya This June
The Kenya Union of Savings and Credit Co-operatives Ltd (KUSCCO) has announced the first phase of a major public auction ...
Cabinet Approves Changes in Operation of SACCOs
President William Ruto’s Cabinet has approved various changes to the Savings and Credit Cooperatives (SACCOs) Act. A dispatch from the ...
List of SACCOs at Risk of Losing Billions After KUSCCO Heist
Several Savings and Credit Cooperative Organizations (SACCOs) under the Kenya Union of Savings & Credit Co-operatives (KUSCCO) are set to ...
KUSCCO Starts Auctioning Assets, Proposal to Toll All Highways & Safaricom’s New MMF
Hello, Jason here. Welcome to today’s edition of The Business Roundup where we bring you the latest international and local economic ...
KUSCCO Starts Auctioning Multimillion Assets After Exposé; How to Bid
The Kenya Union of Savings & Credit Co-operatives (KUSCCO) has started auctioning multimillion properties of members as it grapples with ...
EPRA Announces Fuel Prices, Safaricom Dividends & Suspects in Ksh13 B KUSCCO Heist
Hello and welcome to today’s edition of The Business Roundup. In this edition, we bring you the latest updates on economic ...
Police Nab Masterminds Behind Ksh13 Billion Heist
UPDATE: The four suspects arrested in connection with the multi-billion-shilling fraud scandal at the Kenya Union of Savings and Credit ...
Banks Slash Interest Rates, KUSCCO Scandal Intensifies & Lucrative Outer Ring Road Tender
Hello and welcome to today’s edition of The Business Roundup. In this edition, we bring you the latest updates on ...
CS Chelugui Disbands Sacco Board of Directors, Here’s Why
Co-operatives & Micro, Small and Medium Enterprises (MSMEs) Cabinet Secretary Simon Chelugui has dismissed the Board of Directors of the ...