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"speaker_name": "Hon. Kanini Kega",
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"legal_name": "James Mathenge Kanini Kega",
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"content": "Thank you, Hon. Temporary Deputy Chairman. I totally support. Of course, most of this money which is going to the State Department of Co-operatives is recurrent but, fundamentally, we also have some money that is going to the Sacco Societies Regulatory Authority (SASRA), which is the authority that regulates the co-operatives. Most of the Members here can attest to the fact that they, somehow, benefited from the co-operative societies that were there during those days. You remember that there was a number that you would take to your secondary school and the headmaster would admit you because they knew that, that number belongs to a co-operative society and they knew for sure that, that money would be paid. What happened? Most of the co-operatives are on their deathbeds because they are not being regulated. Take for example, the concerns given by Hon. Milemba. There are some miscellaneous amendments that have been proposed. I want to assure you that even before they are tabled before the House, we will reject all of them when that time comes. We said that we need more consultations. We have taken that into consideration. About Kshs500 million will go towards the Strategic Reserve. In Kenya, whenever we talk about the Strategic Reserve, we only talk about maize. There are other food items that we can keep as reserves. We have given Kshs500 million to the Kenya Co-operative Creameries (KCC) to store milk in powder form. This is a huge support but we need to give more money to SASRA. Most of the SACCOS and co-operative societies are going down because of mismanagement. We will give more resources in future to SASRA so that all those institutions are kept in check. We need to restore the lost glory that co-operatives had when we were growing up."
}