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{
    "id": 1495537,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1495537/?format=api",
    "text_counter": 421,
    "type": "speech",
    "speaker_name": "South Mugirango, UDA",
    "speaker_title": "Hon. Silvanus Osoro",
    "speaker": null,
    "content": "There are key observations by the Committee during consideration of what arose during the formulation of this Bill on the clarity of the cooperative structure. The Bill introduces a tier structure for cooperatives, which has now primary, secondary, federation, and an apex cooperative. This is to streamline the operations and represent members’ interests effectively at different levels. The question of alignment with devolution also arose from the committee’s observation. It emphasises on cooperation between the national and county governments. It makes sure that it aligns with devolved governance structures and principles by empowering counties to participate in cooperative oversight and support. The observation also was on the enhanced governance and financial management, where the Bill seeks to address governance challenges such as transparency, accountability, which also include the establishment of supervisory boards and nomination committees in cooperatives. On addressing sectoral challenges, governance and financial resilience, the Bill aims to improve the cooperative governance by embedding principles of transparency and strong financial oversight, thereby protecting members' investment. Market access and capacity building is also another point. Through clear operational structures, cooperatives will better access markets and resources. Enhanced training for cooperative members and leaders is also prioritised to elevate sector standards. The other vital point is the economic and social impact of this particular Bill. By empowering the local communities, the Bill is positioned to significantly benefit rural communities, and this is done by strengthening local cooperatives, thus contributing to job creation and economic empowerment at the grassroots. The long-term sustainability is also a very important virtue and factor in this Bill. The provisions in the Bill, including the development of a cooperative development fund, aims at ensuring that cooperatives remain economically sustainable and environmentally responsible. As I conclude, it is important to inform and notify Members that the Bill is very crucial for sustainable, competitive cooperative sector aligned with the national cooperative policy. By passing this legislation, the National Assembly will have supported a modern cooperative sector that upholds cooperative principles, strengthens economic inclusion, and fosters unity across Kenya. I, therefore, wish to request Hon. Members to support the Bill so that we can have a comprehensive legal framework for promotion, management, and regulation of cooperatives in Kenya in a devolved governance structure. With those remarks, I beg to move and request the substantive Leader of Majority, who is back in the House, to second the Bill. Thank you, Hon. Temporary Speaker."
}