Confidence in Kenya’s banks and SACCOs crumbles amid sector-wide scandals

CBR.Ke

Introduction

Kenya’s financial sector is in turmoil as a wave of high-profile scandals has eroded public trust in both banks and SACCOs. In recent months, shocking revelations of fraud and mismanagement have exposed critical vulnerabilities in some of the country’s most trusted financial institutions. As millions of Kenyans grapple …

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