State fast-tracking Cooperatives Bill to modernise sector

President William Ruto is expected to sign the bill into law within a month, a step that would overhaul the sector to make it more transparent, efficient and technologically capable...

✨ Key Highlights

Kenya's government is fast-tracking a new Cooperatives Bill aimed at modernizing the sector, with President William Ruto expected to sign it into law within a month.

The bill seeks to enhance transparency, efficiency, and technological capabilities within cooperative societies.
Key stakeholders include Deputy President Kithure Kindiki and the Kenya Kwanza administration.
The reforms are crucial for protecting the savings of over 8 million Kenyans who have deposited over 1 trillion shillings in SACCOs.