Currently, Sasra only oversees Saccos with deposits of Sh100 million or more, leaving many smaller co-operatives under the Commissioner of Co-operativ...
The move, which is part of regulating the Sacco industry, requires that those genuinely engaged in savings and credit business apply to be regulated b...
Oparanya, had been lined up for trial over claims of conflict of interest, abuse of office, money laundering, and conspiracy to defraud the county gov...
Oparanya explained that the last MSME census was conducted in 2016 and stressed the urgent need for updated information to guide government interventi...
CS Wycliffe Oparanya said county administrations have withheld millions of shillings deducted from Sacco members, especially medical staff, plunging s...
The CS said farmers are the ones who continue to suffer as deductions are made on their earnings while corrupt officials benefit, weakening efforts to...
CS Oparanya directed that all cooperative societies, including unions, national cooperative organisations, and apex cooperatives, must file their annu...
Oparanya announced that registration of new saccos will be paused for three months to allow a newly constituted committee of experts to undertake a re...
Cooperatives Cabinet Secretary Wycliffe Oparanya told the Senate plenary that the system will help recover unpaid loans and ensure the fund benefits m...
The highest loan was held by former Kuscco managing director George Ototo at Sh103.11 million. Former finance manager George Owino had borrowed Sh17.9...
In a statement issued on Wednesday, Oparanya said the experts would be responsible for reviewing the legislation and proposing amendments to enhance t...
Oparanya said the audit also seeks to bring corrupt officials to justice, noting that several Saccos across the country were in financial distress, a...
The forensic audit conducted by PricewaterhouseCoopers highlighted non-performing loans and large-scale theft that have left the institution on the br...
He noted that Oparanya's appointment as Cabinet Secretary disregards critical material that should have been considered to ensure integrity in the nom...
“The Commission did this for all the CS nominees upon the request of Parliament. It is now up to the Parliamentary Vetting Committee to decide what to...
The commission also noted that it has filed for preservation orders against Oparanya's assets. He is suspected of holding proceeds from corruption, al...
The nominees now await their names to be forwarded to the National Assembly for vetting before they are formally appointed by the President to take ov...
As Raila navigates the stormy waters in Azimio, he also faces a headache replacing the four CS nominees in his ODM party and Parliament.
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