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{
    "id": 243081,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/243081/?format=api",
    "text_counter": 165,
    "type": "speech",
    "speaker_name": "Mr. Mwenje",
    "speaker_title": "The Assistant Minister for Co-operative Development and Marketing",
    "speaker": {
        "id": 257,
        "legal_name": "David S. Kamau Mwenje",
        "slug": "david-mwenje"
    },
    "content": " Mr. Deputy Speaker, Sir, I can sign it right here. I do not know how he got an unsigned answer because it should be signed, unless he got it through some other means. Mr. Deputy Speaker, Sir, I beg to reply. (a) I am not aware that almost 75 per cent of the co-operative societies are on the verge of collapse due to mismanagement and uncontrolled loans. Out of the current 11,000 registered co- operative societies, over 7,000 are, indeed, active. That is approximately 65 per cent of the total registered co-operative societies. The difference, which is 35 per cent is dormant and this may be attributed to:- (i) Liberalisation, which affected the cereals marketing societies. (ii) Accomplishment of the primary objectives, for example, farm purchase and housing co- operative societies. In order to control borrowing by societies, the law has been amended, giving my office powers to approve maximum borrowing by societies. (b) I am also not aware. However, as a result of the ongoing reforms in the agricultural sector, most farmers are now re-activating their co-operative societies because of the improved producer prices and improved governance as a result of the amended Co-operative Societies Act. (c) The agricultural marketing societies were mostly affected due to market liberalisation, low producer prices, delayed payments, poor governance and subdivision of societies into unviable 1996 PARLIAMENTARY DEBATES July 12, 2006 economic entities. The rural SACCOs were also affected due to poor governance."
}