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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.
A chama is an informal cooperative society that is normally used to pool and invest savings by people in East Africa, and particularly Kenya. [1] The chama phenomenon is also referred to as "micro-savings groups". "Chama" (also spelled kyama or Kiama in certain ethnic groups such as the Gikuyu) is the Kiswahili word for "group" or "body".
The Law Society of Kenya (LSK) is an organization mandated to advise and assist members of the legal profession, the government and the larger public in all matters relating to the administration of justice in Kenya. [2] It was established by an Act of Parliament – The Law Society of Kenya Act (Chapter 18 of the Laws of Kenya).
The following is a list of prominent companies and organizations with their main headquarters in Nairobi: . East African Breweries; Equity Group Holdings Limited; Gulf African Bank
The Nairobi Securities Exchange (NSE) was established in 1954 as the Nairobi Stock Exchange, based in Nairobi the capital of Kenya.It was a voluntary association of stockbrokers in the European community registered under the Societies Act in British Kenya.
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The bank was established in 1966, initially as a cooperative society. The banking license was granted in 1968. The Kenya Government directed all cooperative societies in the country to transfer their deposits to the Co-operative Bank of Kenya and that all cooperatives buy the bank's shares. In 1977, the bank opened its first subsidiary ...
Corporate law (also known as company law or enterprise law) is the body of law governing the rights, relations, and conduct of persons, companies, organizations and businesses. The term refers to the legal practice of law relating to corporations, or to the theory of corporations .