24.6 C
Nairobi
Wednesday, October 16, 2024
24.6 C
Nairobi
Wednesday, October 16, 2024

State forms taskforce to spearhead Co-operative policy implementation

Acting Co-operative Commissioner Geoffrey Njang’ombe has said National Co-operative Policy Taskforce members will soon be announced.

Members will be drawn from the Council of Governors (CoG), Sacco Societies Regulatory Authority (SASRA),  Kenya Union of Savings  and Credit Co-operatives (KUSCCO), Co-operative Alliance of Kenya (CAK), Co-operative Bank and CIC  Insurance Group.

Cabinet Secretary in charge of Co-operatives Peter Munya is expected to gazette the appointment any time soon.

A stakeholders forum is slated for November 4th to November 6th this. It will be held in Naivasha, where co-operative stakeholders will discuss the implementation process.

The taskforce is expected to draft laws to govern the co-op sector in line with the policy guidelines within 90 days.

The Cabinet approved the cooperatives policy last year.

The Co-operative policy is expected to overhaul management of co-operatives management in the country with an aim of promoting Co-operative Societies for Industrialization.

Among other things the co-operative policy is expected to deepen use of ICT in the vibrant movement.

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