Jaindi Kisero: How Mwalimu Sacco’s Spire Bank could rise

Spire Bank

A Spire Bank branch on Koinange Street in Nairobi in May 2020.


 

Photo credit: File | Nation Media Group

A crunch meeting of delegates of the gigantic Mwalimu National Sacco has been called this Saturday to discuss the state and fate of the loss-making Spire Bank — the troubled financial institution that the teachers’ body bought from corporate magnate Naushad Merali more than five years ago. Merali has since died.

Welcome!

You're all set to enjoy unlimited Prime content.