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Deputy President Kithure Kindiki, Co-operatives Cabinet Secretary Wycliffe Oparanya and Cooperative Alliance of Kenya Chairman Macloud Malonza during the national Ushirika Day celebrations in Nairobi, on July 4, 2026. [DPPS]
The government has reaffirmed its commitment to modernising Kenya's cooperative movement through proposed legislation and increased public investment to strengthen governance, protect members' savings, and accelerate the sector's contribution to economic growth.
Deputy President Kithure Kindiki said the Cooperative Bill, currently before Parliament, is expected toalign the sector's legal framework with the realities of a rapidly evolving economy, where cooperatives manage billions of shillings in member savings, undertake major investments, and increasingly embrace digital technologies.
Speaking during the national Ushirika Day celebrations in Nairobi on Saturday, Prof Kindiki urged Parliament to fast-track the Bill, saying it will improve governance, accountability, and professionalism while safeguarding more than Sh1 trillion in savings held by over eight million Sacco members.
