Of course this is after clear communication of their plans/growth strategy/whether they will increase dividend payments/how they will split the shares once they list on nse(I need info on that) up to 2023. Oh and I was also told that they gave 3% bonus dividend for memebers with savings accounts or sacco deposits. Though they did not clarify whether this is added to the 7% to make it 10% or its 3% of the deposits/savings.

True, its currently a 'funga macho and roll dice' situation. It is annoying that even when you visit one of their branches, the customer service does not offer you the information. Isnt there a law stating that this information should be shared with shareholders? Because I'm sure there is something we can do. They cant keep shareholders in the dark and operate like everything is ok.

I like that they try to be innovative, for example, their focus on chamas and SMEs (remember their TV show Unaitas Chamas?). They are trying to be a bank and the moratorium put by CBK slowed them down (not Unaitas' fault however). I also like that their dividends are 'low' therefore sustainable compared to other saccos which give 12%-15% but have rumors of mismanagement; the high dividends are meant to attract more to the slaughterhouse.

That being said, I feel they should really try to be a 'proper' bank and leave behind sacco tendencies. They are not Metropolitan sacco or other those funny saccos. For example, the new CEO is Martin Muhoho but Tony Mwangi has never updated his Linkedin profile that reads he is still CEO. If you google, for a minute you will be confused who really is the CEO. Small stuff but very annoying and tells you a lot about how they run their things. The financial reports are never availed on time and you almost have to beg to get them.

I still have my shares, most of which were from reinvesting the dividends but the last two years nimekula hizo dividends. All my money will go to NSE/other investments until post-2022 as I have more faith there than Unaitas.

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@xtina: I'm missing FY2016 and FY2017 financial reports. Are you in a position to share?

Unfortunately due to quarantine manenos I'm stuck somewhere without access to my personal laptop but I do have them, all the way from 2014. But you can try requesting from the physical branch's customer care or email them (which is a completely ridiculous way of getting financial statements).

Why are you selling?

Kindly can you send it all to me at bmuks2001-at-yahoo-dot-com

UNAITAS................Any information about AGM 2021??