High Court puts government’s SACCO delegate governance plan on hold as legal battle begins

Tower Sacco has won temporary relief after the High Court barred the government from enforcing a directive that would have required large savings and credit cooperatives to replace direct member voting with a delegate-based governance model. The conservatory orders allow… Tower Sacco has won temporary relief after the High Court barred the government from enforcing a directive that would have required large savings and credit cooperatives to replace direct member voting with a delegate-based governance model. The conservatory orders allow…