Govt to reintroduce Cooperatives Bill that was rejected by last parliament

By Obegi Malack

The National government has agreed to re-introduce the cooperative bill which was rejected by last parliament.

Cooperatives and micro, small and medium enterprise cabinet secretary Simon Chelugui said they are committed to reintroduce the bill after a meeting with the council of Governors in Mombasa.

Bungoma Governor Kenneth Lusaka who is also the chair of the agriculture committee in the COG applauded the CS saying the bill will see the cooperative movement create jobs and contribute to growth of the economy.

He said some of the challenges being experienced in the sector are as a result of outdated laws and practices which need to be changed.

“There is a need to review the SACCO Societies Act in its entirety to ensure it is aligned to the Constitution of Kenya 2010 and recognizes the role of County Governments, he said.

The cooperative movement control about 43% of Kenya’s gross domestic product (GDP) Cooperative Societies in Kenya employ more than 300,000 people, over and above providing opportunities for self-employment to many more.

Sharing is caring!

Not Allowed