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Accountants oppose plan to merge struggling SACCOs

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Citizen TV (Youtube)
July 13, 2026
1mo ago
Stakeholders in the accounting profession have opposed the Ministry of Cooperatives' proposal to merge struggling SACCOs into larger ones, warning that the move could put members' savings at risk. Accountants from the Mt. Kenya region say the proposal could also weaken the coope

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Kenya's livestock sector faces a crisis over a 60 percent animal feed deficit. Feed manufacturers called for increased investment in high-quality feed production to enhance livestock productivity and bolster national food security. Accountants in the Mt. Kenya region opposed a proposal by the Ministry of Cooperatives to merge struggling SACCOs.

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