15.5 C
Nairobi
Friday, November 22, 2024
15.5 C
Nairobi
Friday, November 22, 2024

420 matatu Saccos operating illegally in Nairobi

About 420 matatu Saccos are operating illegally in Nairobi County, according to the National Transportation and Safety Authority (NTSA).

 NTSA statistics indicated there are only 272 registered matatu Saccos in the city, out of the 692 that are in business.

Meanwhile, the Acting Commissioner for Co-operative Societies Geoffrey Njang’ombe has ordered an inquiry into Kinatwa Sacco Society Limited’s affairs.

 In a gazette notice dated 10th February 2021, Njang’ombe said this follows a petition from its members.

 The inquiry will look into this transport society’s by-laws, working, financial conditions, governance structures, and the conduct of management committee, past or present members, or officers.

 This action has been taken in accordance with section 58, section 73 of the Co-operative Societies Act (Cap. 490) laws of Kenya.

 The inquiry ordered authorizes Joel Barbengi, Principal Cooperative Auditor, Headquarters, Nairobi, and Nicholas Muchoki, Co-Operative Officer, Embu County, to hold an inquiry within twenty (20) days at such place and time as may be expedient and duly notified by them.

 All officers and members of the Society’s attention is directed on costs of inquiry, recovery of costs of expenses, offenses, and surcharges.

 Kinatwa is a transport-based co-operative society with its headquarters located in Nairobi. It offers daily trips to Nairobi city from Kitui, Mwingi, Kibwezi Makindu, and Mombasa.

 It was established in 2001 by matatu owners from Nairobi and Kitui and offers transport, parcel delivery services and operates petrol stations.

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