{"id":145727,"date":"2026-07-04T11:02:52","date_gmt":"2026-07-04T11:02:52","guid":{"rendered":"https:\/\/chezaspin.com\/blog\/kindiki-lauds-cooperative-sector-says-savings-surpass-ksh1t\/"},"modified":"2026-07-04T11:02:52","modified_gmt":"2026-07-04T11:02:52","slug":"kindiki-lauds-cooperative-sector-says-savings-surpass-ksh1t","status":"publish","type":"post","link":"https:\/\/chezaspin.com\/blog\/kindiki-lauds-cooperative-sector-says-savings-surpass-ksh1t\/","title":{"rendered":"Kindiki lauds cooperative sector, says savings surpass Ksh1T"},"content":{"rendered":"<p><strong>Deputy President Kithure Kindiki has underscored the scale and influence of Kenya\u2019s cooperative movement, noting that the sector has grown into one of the most crucial drivers of financial inclusion.<\/strong><\/p>\n<p>Speaking during the 104th National Ushirika Day celebrations marking the World Day of Cooperatives in Nairobi, Kindiki said the country has about 14 million cooperative members, with 8 million of them enrolled in SACCOs.<\/p>\n<p>He further noted that SACCOs collectively hold more than Ksh1 trillion in savings.<\/p>\n<p>\u201cCooperatives enable pooling of resources and sharing of risk to build enterprise and create wealth,\u201d he stated.<\/p>\n<p>Kindiki added that the government is pursuing reforms to strengthen governance structures within the sector.<\/p>\n<p>He announced that President William Ruto will within one month assent to the Cooperatives Bill as part of the intended reforms to enhance transparency and accountability in management of cooperatives.<\/p>\n<p>\u201cThe Government is implementing reforms to create more transparent, better governed, and professionally run, financially resilient and technology driven institutions,\u201d Kindiki said.<\/p>\n<p>He added that the government\u2019s broader vision is to position cooperatives as stronger engines of economic transformation, particularly in supporting inclusive growth and development across the country.<\/p>\n<p>The post <a href=\"https:\/\/www.kbc.co.ke\/kindiki-lauds-cooperative-sector-says-savings-surpass-ksh1t\/\">Kindiki lauds cooperative sector, says savings surpass Ksh1T<\/a> appeared first on <a href=\"https:\/\/www.kbc.co.ke\/\">KBC Digital<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"<p>Deputy President Kithure Kindiki has underscored the scale and influence of Kenya\u2019s cooperative movement, noting that the sector has grown into one of the most crucial drivers of financial inclusion. Speaking during the 104th National Ushirika Day celebrations marking the World Day of Cooperatives in Nairobi, Kindiki said the country has about 14 million cooperative [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-145727","post","type-post","status-publish","format-standard","hentry","category-uncategorized","entry"],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"","jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/chezaspin.com\/blog\/wp-json\/wp\/v2\/posts\/145727","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/chezaspin.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/chezaspin.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/chezaspin.com\/blog\/wp-json\/wp\/v2\/comments?post=145727"}],"version-history":[{"count":0,"href":"https:\/\/chezaspin.com\/blog\/wp-json\/wp\/v2\/posts\/145727\/revisions"}],"wp:attachment":[{"href":"https:\/\/chezaspin.com\/blog\/wp-json\/wp\/v2\/media?parent=145727"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/chezaspin.com\/blog\/wp-json\/wp\/v2\/categories?post=145727"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/chezaspin.com\/blog\/wp-json\/wp\/v2\/tags?post=145727"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}