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Economic advisory council will serve as the highest advisory body to CAK and provide strategic guidance on policy and sector-wide reforms. [Courtesy]
Leaders in the cooperative movement are considering the establishment of an economic advisory council of chairpersons to enhance governance, coordination and policy engagement across the sector.
The proposal was made during a two-day meeting convened by the Cooperative Alliance of Kenya (CAK), which brought together chairpersons and vice chairpersons from savings and credit cooperatives (Saccos), as well as the agricultural, housing, consumer, and other cooperative subsectors.
The stakeholders believe that, if established, the council will serve as the highest advisory body to CAK and provide strategic guidance on policy, governance standards, and sector-wide reforms.
