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"speaker_name": "Kigumo, JP",
"speaker_title": "Hon. (Ms.) Wangari Mwaniki",
"speaker": {
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"legal_name": "Ruth W Mwaniki",
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"content": " Thank you, Hon. Temporary Deputy Speaker. I rise to second the Motion. This policy aims at creating a vibrant co-operative sector that will develop or be a vehicle for economic transformation of our country, particularly in the rural areas. This House may recall a time when we had a very powerful commissioner of co-operatives. What this Paper seeks to do is to align the old co-operative legal mechanism with the Constitution. Under the Fourth Schedule of the Constitution, the co-operative sector was devolved to the county governments. However, you realise there are huge co-operatives like the Mwalimu Sacco, the Police Sacco and the Harambee Sacco that may not necessarily belong to one county as such. There is also SASRA that provides mechanisms for regulating financial co-operatives. So, the policy that this House seeks to adopt will create a mechanism where the national government will collaborate with county governments. There will be mechanisms for consultations and re-aligning areas where the national government will create policy and oversight mechanisms. Promotion of development in the rural areas will be done by the county governments, so that even the special circumstances within which those co-operatives operate under can be taken into account. Hon. Temporary Deputy Speaker, the Chair who has just moved that Motion gave examples of Brazil and South Africa, where the Ministry visited to kind of bench mark. However, I would like to give an example of Germany. At a time when there was a biting recession in the world, Germany’s economy remained intact because of a strong Sacco movement where the base was sufficiently sensitised to save money. So, whenever there is recession, the people in Britain hold the money. The impact of global recession has not affected the Germany economy. That is why in the 1970’s, when our county had not been shaken by the effects of liberalisation, the cooperative sector supported our economy and it remained strong. So, we need to strengthen our cooperative movement. The cooperative movement was hardly hit by the liberalisation policies then but it is now time to enhance it and make it stronger as a vehicle for economic transformation. I also want to give an example of Japan. It has used a similar model as our cooperative sector. They have driven industrialisation. Various small segregation of equipment is then brought together and assembled to make a car like Toyota. Corporations like Mitsubishi are producing components that are used to make Boeing air planes in the USA. Seventy per cent of Boeing’s components are made of small aggregates equipment produced by similar organisations equivalent to our cooperative societies in Japan. So, once passed, this policy will provide an enabling The electronic version of the Official Hansard Report is for information purposesonly. A certified version of this Report can be obtained from the Hansard Editor."
}