By combining national NYOTA funding with county-level support, Kirinyaga is creating a stronger foundation for young entrepreneurs to launch and expand their businesses. #NYOTAProgram#KirinyagaRising#KaziIongee
Youth businesses in Kirinyaga have received a boost after Governor Anne Waiguru eased the cost of starting and running enterprises by waiving county business permit fees. #NYOTAProgram#KirinyagaRising#KaziIongee
Facts matter. The #SACCOsBillFacts are clear: the proposed reforms seek to strengthen governance, improve accountability and better protect members' savings. Don't let misinformation drown out the facts. RejectPropaganda
The proposed secondary Sacco supports cooperation among primary Saccos. It does not control their operations or replace existing Sacco structures. #SACCOsBillFacts Reject Propaganda.
There is no "super Sacco" being created to control existing Saccos. The Bill only proposes a secondary Sacco whose members are primary Saccos, allowing them to share payment systems and investment infrastructure. #SACCOsBillFacts Reject Propaganda
Reject Propaganda because the Sacco Societies Amendment Bill 2025 will not proceed directly for assent.
After passing the National Assembly, it must be considered by the Senate as required by the Constitution. #SACCOsBillFacts
Misinformation spreads fast, but facts matter more. The Sacco Societies (Amendment) Bill, 2025 has been under consideration for over a year and is still undergoing the constitutional legislative process. Claims that it is being rushed are false. #SACCOsBillFacts Reject Propaganda
Worried about the Bill's stage? It's currently at the Departmental Committee level receiving public input. No rush your voice is being heard right now. Reject Propaganda. #SACCOsBillFacts
Financial stability remains a key focus of the proposed reforms. Liquidity requirements will continue being guided by SASRA in line with the Central Bank of Kenya Act. Reject Propaganda. #SACCOsBillFacts.
What does the secondary Sacco Society actually do? It gives small Saccos access to payment platforms and investment systems they could never afford alone, and it makes reimbursement of funds easier for members.
Reject Propaganda. #SACCOsBillFacts
#SACCOsBillFacts | Reject Propaganda
No super SACCO has any power to set liquidity rules for SACCOs. The Bill clearly states that SASRA will prescribe the requirements. These rules must also meet the statutory liquidity reserve requirements under the CBK Act.
The Bill has not gone for presidential assent. After the National Assembly process, it will proceed through the constitutional legislative stages, including Senate consideration where applicable.
#SACCOsBillFacts
Reject Propaganda
Liquidity requirements will be prescribed by regulators for safety, bringing SACCOs in line with sound banking practices. Reject Propaganda. #SACCOsBillFacts
Your Sacco shares are not being taken away. The Bill contains no provision preventing members from accessing their shares or savings when they resign from a Sacco. Claims suggesting otherwise are false. #SACCOsBillFacts Reject Propaganda
Don't believe the lie that a "super Sacco" decides liquidity rules. The Amendment Bill makes it clear: SASRA prescribes these terms for secondary co-operatives in accordance with the Central Bank of Kenya Act. #SACCOsBillFacts Reject Propaganda
Wakenya let's all Reject Propaganda.
Hii Sacco bill haiko rushed in parliament Na inafuata the right procedure for it to be amended.
Commercial Activists wamejaza misinformation, tusikubali Ku fall Kwa trap Yao.
#SACCOsBillFacts
Can Government reject or change the membership of your Management Committee under this Bill? No. There is no provision for it anywhere. That claim was manufactured. Read the Bill before you share the panic.
Reject Propaganda. #SACCOsBillFacts
Liquidity requirements for the proposed secondary Sacco will not be decided by a so called "super Sacco." They will be prescribed by SASRA in line with the Central Bank of Kenya Act. #SACCOsBillFacts Reject Propaganda
Will a super SACCO determine liquidity for all others. No. The bill states liquidity adequacy requirements for secondary societies will be prescribed by SASRA and the CBK Act. #SACCOsBillFacts Reject Propaganda
Is your Sacco payout capped at KSh 100,000 if it collapses? No! The viral posts are false. The 2025 Bill introduces zero compensation limits and actually creates paths to claim deposits if a licence is revoked. #SACCOsBillFacts Reject Propaganda