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"id": 1048912,
"url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1048912/?format=api",
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"type": "speech",
"speaker_name": "Sen. (Prof.) Kindiki",
"speaker_title": "",
"speaker": {
"id": 1046,
"legal_name": "Kithure Kindiki",
"slug": "kithure-kindiki"
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"content": "interventions in the social and economic sector have been achieved largely because of cooperative movement. It is not surprising that in counties and parts of Kenya where the cooperative movement has been fairly strong, the standards of living in those places have been high compared to parts of our country where the cooperatives culture is not strong. Therefore, the county government and devolution gives an opportunity for parts of our country that have not embraced cooperative culture to catch up with the rest of the country in terms of development. Madam Deputy Speaker, the Bill starts with the seven principles that are shared by cooperators around the world. It adds a few more principle and, therefore, is in line with international best practice in this area. Madam Deputy Speaker, I just want to raise a red flag. As much as we are celebrating the growth and exponential expansion of cooperative societies across our country, the wealth creation and the developmental advantages that have come with cooperative societies, we are seeing a worrying concern. This is whereby senior officials and directors of cooperative societies are living questionable lifestyles compared to the lifestyles lived by those that they lead. It only points to a challenge. I know recently in 2010 or thereabout, Parliament did pass legislation to establish the Sacco Societies Regulatory Authority (SASRA), but I do not think it is doing much. We continue to see the fleecing of members of cooperative unions in the housing sector that is to do with housing cooperatives and other sectors. Recently we have had issues with the other sectors in agriculture as well."
}