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The Authority was established as a body corporate in 2010, pursuant to the provisions of the Sacco Societies Act with the primary purpose of streamlining the regulation of SACCOs and Co-operatives in the country under the supervision of the Commissioner of Co-operative Development, an office under the Ministry of Agriculture, Livestock, Fisheries and Co-operatives.
The society was established in 1974, with the objective of mobilizing savings from its members and providing loans to members, using those resources. [ 7 ] [ 8 ] In 2013, Joshua Ojall, the society CEO at the time, announced plans to build up to 100 housing units in the outskirts of Nairobi , the capital and largest city in Kenya and East Africa .
The society has grown from 131 members in 1975 to the 6,916 members be end of 2023; The society's asset base as of Dec 2023 stood at KES 17.968 billion with member deposits at KES 13.7 billion, with a loan book of KES 11.09 billion; The UN SACCO has 2 offices. One, UN SACCO Block is located in UNON was built in 2004 and opened on 7 December 2004.
Sacco Societies Regulatory Authority This page was last edited on 5 December 2019, at 10:18 (UTC). Text is available under the Creative Commons Attribution ...
Exodus Sacco is the second-largest security forces-related Sacco in Uganda, behind the much bigger Wazalendo Savings and Credit Cooperative Society. [2] As of December 2019, membership in Exodus Sacco had risen to over 30,000, and total assets were valued in excess of USh20 billion (US$5.5 million). [1]
Unaitas Sacco is a medium-tier financial services provider in Kenya. As of December 2015 [update] , the society's asset base was valued at KSh9.3 billion (US$93.2 million), and a loan book of approximately KSh7.42 billion (approx. US$74.35 million). [ 1 ]
Kganyago also criticised what he saw as the crypto industry's attempts to influence financial regulation, saying it risked "regulatory capture". The cryptocurrency industry, including heavyweights ...
Bank of Uganda ; Capital Markets Authority (CMA) ; Insurance Regulatory Authority of Uganda: Ukraine: National Securities and Stock Market Commission (NSSMC) United Arab Emirates: Central Bank of the UAE ; Securities and Commodities Authority (SCA) ; Insurance Authority (IA) United Kingdom: Prudential Regulation Authority (PRA) ;