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{
    "id": 863410,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/863410/?format=api",
    "text_counter": 288,
    "type": "speech",
    "speaker_name": "Emuhaya, ANC",
    "speaker_title": "Hon. Omboko Milemba",
    "speaker": {
        "id": 13328,
        "legal_name": "Jeremiah Omboko Milemba",
        "slug": "jeremiah-omboko-milemba"
    },
    "content": "I also noticed typos in the word ‘cooperatives’ but the Clerk’s Office will deal with that because there is a way in which it is written. The typos can be clearly seen. Moving forward, especially because the Chair is here, I notice that in this clause we are looking for ways to ensure that cooperatives are managed well, which I fully support, in terms of seizing licences of cooperatives that are being mismanaged. If a SACCO is being mismanaged and we withdraw its licence, I do not think there is need to close down the cooperative. This is because many of the Front Office Services Activities (FOSA) begin as cooperative societies. Today we have universities which are not remitting employees’ contributions to SACCOs. So, if such a SACCO fails, what happens? I will be bringing an amendment so that we do not completely withdraw the licence of such a cooperative society but we allow it to operate behind FOSA or SACCO societies. That will be good to virtually all the cooperatives in the country, so that… (Technicalhitch) Cooperative societies need to be protected. The interests that we saw come in through the Statute Law (Miscellaneous Amendments) Bill, talking about social impact members and others, is not in this Bill. The Members of this House should be hawk-eyed so that, as Hon. Kioni said, at no time should we find ourselves hijacked by new remarks. I support the Bill."
}