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Originally published by Capital Businessbusiness
March 16, 2026
3h ago
Qona Sacco challenges inquiry report on governance, financial concerns
The Sacco, previously known as Safaricom Sacco, said its board filed an appeal seeking an independent review of the report after identifying what it termed as inaccuracies in the findings presented to members during a Special General Meeting held on December 20, 2025. Kenya break..
✨ Key Highlights
Qona Sacco Society Limited has formally challenged findings from a special inquiry concerning its governance and financial management at the Co-operative Tribunal of Kenya.
- The Sacco, formerly Safaricom Sacco, is appealing a report that flagged governance gaps and financial management concerns.
- The appeal follows the identification of what the Sacco's board describes as "inaccuracies" in the findings presented at a Special General Meeting on December 20, 2025.
- The inquiry reviewed the Sacco's governance, management conduct, compliance, and financial exposure to KUSCCO, recommending stronger oversight.
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