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{
    "id": 981975,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/981975/?format=api",
    "text_counter": 376,
    "type": "speech",
    "speaker_name": "Sen. Orengo",
    "speaker_title": "The Senate Minority Leader",
    "speaker": {
        "id": 129,
        "legal_name": "Aggrey James Orengo",
        "slug": "james-orengo"
    },
    "content": " Thank you, Madam Temporary Speaker. This is a very straightforward Bill. As we noticed, in the other Orders, there were Bills that were coming from the National Assembly for further consideration which originated from the Senate. This is a Bill coming from the National Assembly, and we have not hesitated giving consideration to this Bill. Before talking about Savings and Credit Co-operatives (SACCOs), generally, the corporate society movement in Kenya has been a pacesetter in the continent, and even to the rest of the world. Kenya has been known for its corporate movement particularly in the field of agriculture. Over time, we have seen the growth of this sector, the SACCOs, which are a category of corporate societies as originally designed and contemplated. This Bill is significant in the sense that it makes some certain changes which I think are critical in this growing and expanding industry. The Mover of this Bill, the Senate Majority Leader, has basically touched on the amendments, their importance, the reasons for the amendments and the consequence of those amendments. I may not say more, save to add the following: Owing to the significance of this sector, the amendments that are proposed in Clause 2 of the Amendment Bill are critical The electronic version of the Senate Hansard Report is for information purposesonly. A certified version of this Report can be obtained from the Hansard Editor, Senate."
}