Harambee Sacco

Sacco leaders face scrutiny over foreign travel and financial reporting practices

Cooperatives Principal Secretary Kiburi Kilemi noted that a number of Saccos have formed working arrangements with travel firms that lead to frequent benchmarking trips abroad, which he said often fail to deliver meaningful value to members. He urged Sacco leaders to instead focus on learning from strong-performing institutions within the country, rather than relying on international travel.