Safaricom Co-op diversifies into energy, miningSafaricom Investment Co-operative boss Humphrey Kariuki. The co-operative, which is investing heavily in affordable housing space, says the 4,538 members will have the opportunity to gain more value from their investments. Njeru states that this move is in line with President Uhuru Kenyatta’s vision of affordable housing as part of the Big Four Agenda. Njeru also pointed out that unlike loan-giving co-operatives, investment co-operatives operate differently but have potential to offer members more investment products. He says investment co-operatives on the other hand exist to make the best returns from members’ money.

Source: Standard Digital February 23, 2020 06:33 UTC