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@kna Tue, 07 Jul 2026 06:14:47

Government assures Kenyans SACCO savings are safe, refutes infrastructure funding claims

The Government has assured Kenyans that savings held by Savings and Credit Cooperative Societies (SACCOs) are safe and will not be used to finance public infrastructure projects, dismissing media reports suggesting otherwise as false and misleading. State Department for Cooperatives Principal Secretary Patrick Kilemi said reports alleging that more than Sh1 trillion held by SACCOs...

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