Cooperative bank in the offing, to centralise operation of SACCOs
A business model for setting up a cooperative bank to manage all the country’s sector-based savings and credit cooperatives, locally known as Umurenge Saccos, could be ready before the end of the year, the Minister for Trade and Industry has said.
Kanimba explains how SACCOs could be consolidated to MPs at Parliament yesterday. (T. Kisambira)