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The Standard Group Plc is a
multi-media organization with investments in media platforms spanning newspaper
print operations, television, radio broadcasting, digital and online services. The
Standard Group is recognized as a leading multi-media house in Kenya with a key
influence in matters of national and international interest.
Kenya's thriving Savings and Credit Cooperative Societies (Saccos) sector, which boasts over Sh1 trillion in savings, is facing a wave of negative reports that threaten its very survival, according to Sacco shareholders and analysts.
Despite the government's efforts to promote the Sacco movement as a key driver in boosting Kenyans' savings culture, recent controversies at the Kenya Police Sacco and National Metropolitan Sacco have raised concerns about the effectiveness of the Sacco Societies Regulatory Authority (Sasra) in overseeing the sector.
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