Page 17 - FULL MAGAZINE - KUSCCO.indd
P. 17
SACCO INDUSTRY WATCH
UNION ROARS BY LOBBYING FOR
ADOPTION OF POLICY
SASRA’s increase in levy unconvincing & has no legal backing, dire need for the adoption
of the sessional paper and need for stakeholder involvement in amendments
By Frankline Sunday
From left; Mrs. Mary Mungai, OGW, Commisioner of Co-operative Development, Dr. Chris Kiptoo, CBS, former acting Co-operatives PS,
KUSCCO Chairman, Mr. George Magutu and KUSCCO MD. Mr. George Ototo, MBS.
On August 31, 2018 KUSCCO held a consultative meeting to CO-OPERATIVE DEVELOPMENT POLICY
lobby for the adoption of the draft Co-operative Development The policy, drafted by the Ministry of Industry, Trade and
Policy of 2017, as a Sessional paper and highlight the "NNODQ@SHUDRHCDMSH?DRBNMSDLONQ@QXBG@KKDMFDRSG@SBN
Memoranda and position papers that it had submitted to the NODQ@SHUDDMSDQOQHRDRE@BD@MCCD?MDR@ONKHBXO@Q@CHFLRGHES
Government on various laws. towards a more proactive engagement between Government,
the Co-operative sector and other stakeholders in addressing
The meeting attended by various leaders in the Co-operative these challenges.
sector concluded with the Policy Position Paper being
presented to Dr. Chris Kiptoo,former acting Principal Secretary Among the issues it highlights are; the Government will
Ministry of Industry, Trade and Co-operatives. provide tax incentives for housing funded through housing
Co-operatives, the Government will determine new registration
The Paper sought to share the Union’s Policy positions as requirements to match emerging issues in the sector. On Co-
contained in three Policy Papers. The Policy Position Papers operative debt management; a feasibility study will be done
include: a fresh start for the co-operative movement; NM@?DBSDCL@QJDSHMFRNBHDSHDRVHSG@UHDVNEQDRSQTBSTQHMF
opposition to the increase in SASRA Levy as it will hamper or liquidating them; and issue guidelines that restrain Co-
OQNUHRHNMNE@?NQC@AKDKN@MR@MC&NUDQMLDMSHLONRHSHNMNM operatives to borrow within authorised borrowing limits.
co-operative governance.
SACCO Star Magazine[
