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{
"id": 1570422,
"url": "http://info.mzalendo.com/api/v0.1/hansard/entries/1570422/?format=api",
"text_counter": 313,
"type": "speech",
"speaker_name": "Sen. Osotsi",
"speaker_title": "",
"speaker": null,
"content": "Thank you, Madam Temporary Speaker, for the opportunity to also add my voice on this important Bill. This Bill seeks to amend various business laws, including the Investment Promotion Act, the Employment Act, the Land Act, the Anti- Counterfeit Act, the Affordable Housing Act and the Occupational Safety and Health Act. These laws are very important."
},
{
"id": 1570423,
"url": "http://info.mzalendo.com/api/v0.1/hansard/entries/1570423/?format=api",
"text_counter": 314,
"type": "speech",
"speaker_name": "Sen. Osotsi",
"speaker_title": "",
"speaker": null,
"content": "When you look at the Investment Promotion Act, this Bill seeks to provide for accreditation of facilitators of foreign investment. That is an important requirement, especially in terms of supporting foreign direct investment. It is important to register all people who facilitate foreign investors."
},
{
"id": 1570424,
"url": "http://info.mzalendo.com/api/v0.1/hansard/entries/1570424/?format=api",
"text_counter": 315,
"type": "speech",
"speaker_name": "Sen. Osotsi",
"speaker_title": "",
"speaker": null,
"content": "We have an upsurge of conmen who con investors. Investors come to this country with a lot of money to invest and create employment for our youth, but in the process of seeking for approval, they are conned their hard-earned money. Therefore, it is important to have a database of facilitators of investors especially for foreign direct investments, so that foreigners are not conned by some conmen and in the process this country ends up losing the much-needed foreign investment."
},
{
"id": 1570425,
"url": "http://info.mzalendo.com/api/v0.1/hansard/entries/1570425/?format=api",
"text_counter": 316,
"type": "speech",
"speaker_name": "Sen. Osotsi",
"speaker_title": "",
"speaker": null,
"content": "Madam Temporary Speaker, the amendment to the Investment Promotion Act also provides for issuance of investment certificate, as well as setting out conditions for determining whether any investment or related activity are beneficial to Kenya. It is important that investors who come to this country must be given an investment certificate after the Government has certified that whatever they are going to do will not contravene the law or have an adverse effect on our economy or Kenyans; it has to be beneficial. This will provide a system of determining that. We saw the case of Worldcoin (WLD) investors who came to this country and started taking biodata of Kenyans. That would not have happened if they went through the process of certification. So, this is an important amendment. The amendment to this Investment Promotion Act also requires that we have an Investment Promotion Authority to provide Government services at a centralized facility. This is also crucial for investors because they will have a centralized place where they can go to seek services, therefore, further avoiding all the troubles that foreign investors face."
},
{
"id": 1570426,
"url": "http://info.mzalendo.com/api/v0.1/hansard/entries/1570426/?format=api",
"text_counter": 317,
"type": "speech",
"speaker_name": "Sen. Osotsi",
"speaker_title": "",
"speaker": null,
"content": "The electronic version of the Senate Hansard Report is for information purposesonly. A certified version of this Report can be obtained from the Director, Hansard and AudioServices, Senate."
},
{
"id": 1570427,
"url": "http://info.mzalendo.com/api/v0.1/hansard/entries/1570427/?format=api",
"text_counter": 318,
"type": "speech",
"speaker_name": "Sen. Osotsi",
"speaker_title": "",
"speaker": null,
"content": "Madam Temporary Speaker, when you talk about the Employment Act, the amendment to this is basically trying to define the keywords like who is an employee, who is an employer and other terms like business process outsourcing. It also sets out the obligation of business process outsourcing companies. These are companies which are established here to offer services, mostly customer-related services to multinationals abroad. This is a huge business, but it has not been regulated before. So, this Bill will provide a process in which people will be engaged, contracted and possibly comply with the obligations under our laws. Madam Temporary Speaker, when it comes to the amendments to the Occupational Safety and Health Act, this will also provide further definition of the words, “employee, employer, workplace”, to provide recognition of remote locations as workplaces. This is very important, particularly for business outsourcing companies. The Business Laws (Amendment) Bill also seeks to amend the Affordable Housing Act in Section 2, by defining affordable housing scheme. It also introduces a new definition of the words, “administration fee, social, physical and urban infrastructure”. In my opinion, this is important, to provide clarity where we had ambiguities in the Affordable Housing Act, so that the fees that are charged, for instance, administration fees, are clearly defined in the law. The Land Act amendment amends Section 90 by reducing the timelines given to a chargee, to 40 days when dealing with affordable housing. It goes further to amend Section 96 of the Land Acts by introducing a new sub-section, which requires the chargee before exercising the power of sale to take 20 days while seeking to sell property. This is important, under the Affordable Housing Act. Madam Temporary Speaker, with those contributions, I support this Bill. Thank you."
},
{
"id": 1570428,
"url": "http://info.mzalendo.com/api/v0.1/hansard/entries/1570428/?format=api",
"text_counter": 319,
"type": "speech",
"speaker_name": "Sen. Mumma",
"speaker_title": "The Temporary Speaker",
"speaker": null,
"content": " Hon. Senators, there is no other speaker. I would like to thank Sen. Osotsi for your contribution to this Bill. This debate can continue tomorrow."
},
{
"id": 1570429,
"url": "http://info.mzalendo.com/api/v0.1/hansard/entries/1570429/?format=api",
"text_counter": 320,
"type": "heading",
"speaker_name": "",
"speaker_title": "",
"speaker": null,
"content": "ADJOURNMENT"
},
{
"id": 1570430,
"url": "http://info.mzalendo.com/api/v0.1/hansard/entries/1570430/?format=api",
"text_counter": 321,
"type": "other",
"speaker_name": "",
"speaker_title": "",
"speaker": null,
"content": "Hon. Senators, it is now 6.30 p.m., time to adjourn the Senate. The Senate, therefore, stands adjourned until tomorrow, Wednesday, 4th June, 2025, at 9.30 a.m."
},
{
"id": 1570431,
"url": "http://info.mzalendo.com/api/v0.1/hansard/entries/1570431/?format=api",
"text_counter": 322,
"type": "other",
"speaker_name": "",
"speaker_title": "",
"speaker": null,
"content": "The Senate rose at 6.30 p.m."
}
]
}