The Sacco Societies Regulatory Authority (SASRA) is advocating for the mandatory adoption of Credit Information Sharing (CIS) with Credit Reference Bureaus (CRBs) to enhance financial sustainability within the SACCO sector.
The government has announced a three-year plan to compensate savings and credit cooperative societies (SACCOs) affected by the Kenya Union of Savings & Credit Co-operatives (KUSCCO) scandal. Speaking at the
The lending industry has undergone a significant transformation in recent years, with technology playing a critical role in reshaping how financial institutions assess and manage loan risks. Traditional methods of
Kenya is set to host International Monetary Fund (IMF) Deputy Managing Director Nigel Clarke from December 9 to 10, 2024. This visit underscores the IMF’s ongoing engagement with Kenya as