Co-operative leaders are calling for tax relief.
Githunguri Dairy Co-operative vice chairman Gathungu Kahunyo Saccos pay high taxes, especially on mortgage facilities, they gave to members compared to commercial banks.
Gathungu said that the government should relook into the matter and create a level playing ground for the Saccos.
“We would like to be on the same playing field as the commercial banks because we are operating like banks but when it comes to some issues we are unable to sort them out, “Gathungu said.
He pointed out that Saccos have no clearing house disadvantaging them.
GDC Sacco Chairman Joseph Mburu said that when regulations are being formed towards the cooperative movement there is no framework that allows someone from the cooperative for representation.
“We know there are technical people in the government, we are the people on the ground and we should be incorporated during the regulations-making process,” he said.
Gitau called on the government to channel the hustler fund through saccos as most people in the villages have accounts in saccos.
They were speaking during the launch of Githunguri Dairy and Community Foundation recently.
