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"id": 435853,
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"type": "speech",
"speaker_name": "Hon. (Ms.) Kajuju",
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"speaker": {
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"legal_name": "Florence Kajuju",
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"content": "Hon. Speaker, in consideration of the East African Community Co-operative Societies Bill, 2014 the Bill makes minimal reference to the EAC Treaty and the relevant statutes governing SACCOs in individual partner states. It merely creates a regional co- operative society without providing how SACCOs will be inter-linked and regulated both within their countries and regionally. The mode of formation of the co-operatives is not clear as the integration component has not been addressed by the Bill. The Constitution of Kenya recognizes that SACCOs are a devolved function and, therefore, it is apparent that there will be divergent rules and regulations governing them from one county to another other."
}