dormant accounts
-
Cooperatives & Communities
1.18mln in Kenya halt sacco savings, says regulator
NAIROBI– Business Daily reports that over 1.18 million savers in Kenya last year stopped making monthly contributions to savings and credit cooperative societies [Saccos], suggesting a difficult recovery of the jobs market…
Read More » -
Finance & Banking
Banks endorse government plans to take idle cash on dormant accounts
KAMPALA – The Uganda Bankers’ Association (UBA) has endorsed the government plans to take cash considered “idle or dormant accounts” in all banks. In the new National Payments Systems Bill 2020, the…
Read More »