NAIROBI, Kenya July 2 – The Cooperative Alliance of Kenya (CAK) has known as on county governments to extend funds allocations in the direction of the promotion and growth of cooperative societies, citing their crucial function in advancing meals safety, rural wealth creation, and monetary inclusion.
Speaking throughout a media briefing forward of the 2025 Ushirika Day celebrations, CAK CEO Daniel Marube emphasised that counties being constitutionally mandated to supervise cooperative growth should prioritize the sector of their annual budgets.
“Counties ought to allocate extra sources to assist cooperative promotion, extension providers, capability constructing, good governance, and worth addition,” stated Marube.
He added that the United Nations has additionally urged member states to strengthen the cooperative mannequin by means of satisfactory annual funding, aligning with the continued International Year of Cooperatives (IYC) beneath the theme “Cooperatives Build a Better World.”
Marube additional appealed to the nationwide authorities to enact progressive legal guidelines and supply stronger coverage assist to boost the expansion of cooperatives throughout the nation.
Cooperatives proceed to play a big function in Kenya’s socio-economic growth.
They allow entry to reasonably priced credit score, assist employment, and contribute to housing growth, with entities just like the Kenya Mortgage Refinancing Company recognizing their impression on reasonably priced housing.
Cooperatives are anticipated to contribute as much as 25 % of reasonably priced housing models nationwide.
In the lead-up to Ushirika Day, a blood donation drive shall be held on Thursday, July 3, on the Kenyatta International Convention Centre (KICC), in collaboration with Kenyatta National Hospital and the Kenya National Blood Transfusion Service.
County-level celebrations are scheduled for Saturday, July 5, whereas the nationwide celebrations and awards ceremony will happen in Nairobi on July 12.
Ushirika Day celebrates the resilience and contribution of cooperatives to nationwide growth, consistent with the federal government’s Bottom-Up Economic Transformation Agenda (BETA).