Government reinstates Ekeza Sacco licenseBishop David Kariuki Ngare alias GakuyoThe government has re-instated the license of the troubled Ekeza Savings and Credit Cooperative Society which was cancelled last year.Commissioner of Cooperatives Mary Mungai in a Kenya Gazette notice last week announced the reinstatement of the Sacco’s registration. I now in powers conferred to me revoke the cancellation/liquidation order dated March 26,2018 and reinstate registration of Ekeza Sacco,” read parts of gazette notice by Ms Mungai. SEE ALSO :Munya assures SMEs of trade law reviewEkeza Sacco has been dogged by controversy since last year when the government announced it had cancelled its license. Ms Mungai cancelled the Ekeza Sacco’s license through a gazette notice on March 23, 2018. “It is my promise to all the 53,000 members of Ekeza Sacco that no one will lose their money.

Source: Standard Digital February 19, 2019 06:43 UTC