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Mwalimu sacco foregoes $62m put in Spire BankMwalimu Deposit taking National Sacco has received regulatory approval to write off Ksh8 billion ($62.01 million) of bungled investments in the collapsed Spire Bank. It is a sacrifice necessary to ...
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Mwalimu, other Kenyan SACCOs that paid over KSh 1b in dividends amid KUSCCO scandalKenya's Savings and Credit Co-operative Societies (SACCOs) increased 2024 dividend payments from KSh 41.34 billion to KSh 46.99 billion The government advised SACCOs to limit dividend payments due ...
The Business Daily spoke to Mwalimu National Sacco chief executive Kenneth Odhiambo about the health of the sector, and his Sacco’s new investment strategy after it shed the loss-making Spire Bank.
In the run-up to its 50th-anniversary celebrations, Mwalimu National Sacco says it is projecting to increase its asset base from Sh66.4 billion to Sh100 billion by 2026, representing a three per ...
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The Kenya Times on MSNList of SACCOs at Risk of Losing Billions After KUSCCO HeistData from 2023 ranks the top five deposit-taking saccos by assets: Mwalimu National Sacco (Ksh66.43 billion), Stima Sacco ...
Collins Kweyu, Standard] Mwalimu National Sacco has partnered with Kenya Mortgage Refinancing Company (KMRC) to launch three products among them a mortgage loan facility, to bolster affordable ...
Customers at the Mwalimu National Sacco offices in Kisumu yesterday. Some members are unhappy with the deductions the Sacco is making from their salaries. [Denish Ochieng, Standard] Mwalimu ...
For much of second term, he has been dodging them. According to Schola, he was forced to take an emergency loan from Mwalimu National Sacco to ensure vital supplies like bread for students were ...
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