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Saccos' remittance down by over Sh2b in the last two years

Cooperatives CS Simon Chelugui, PS Patrick Kilemi (second left), KUSCO Ag. MD Anold Munene Njeru (right) and other officials at the 9th Annual Sacco Leaders Convention in Mombasa on Thursday 22nd February 2024. [Kelvin Karani, Standard]

Remittances by employers to Saccos have dipped by 50 per cent from Sh5 billion to Sh2.4 billion since 2022.

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