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"id": 1007371,
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"type": "speech",
"speaker_name": "Gatanga, JP",
"speaker_title": "Hon. Joseph Nduati",
"speaker": {
"id": 13338,
"legal_name": "Joseph Nduati Ngugi",
"slug": "joseph-nduati-ngugi-2"
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"content": "Although we have reviewed these regulations, they are still not favourable to our people, especially the youth and upcoming businesspeople. We will continue to see the Chinese do the works for many years. First, tender security that we keep talking about but does not add any value. You want our people to tender for jobs yet most of them are poor. You expect them to have cash bonds and bank guarantees, where are they going to get this money? We must do away with this if we want to help the youth. Performance security is one thing that has frustrated many Kenyans who have done very well in other sectors. I would like to demonstrate that. The government entity would require you to provide a performance bond of 10 per cent, which is Ksh100 million. To start that job, because you do not have Ksh100 million, you will want advance payment. You will again be required to secure that advance payment, at about 10 per cent, which works out to Ksh100 million again. So, to start a job which is worth Ksh1 billion, and here we pass jobs worth billions, you will require Ksh200 million. Very few of us have that kind of money. Hon. Murugara, I know you are well endowed and you can afford this. But for most of us, it would be very difficult. That is why I am saying as Parliament we pass regulations which are going to frustrate our people. We should not sit here to pass regulations which frustrate our people. I want to assure you, because we are beginning a new financial year tomorrow and we are going to tender for roads, you will not see our people participating. I like what the first President of this country did when he came to office. To support our businessmen, he used to advance them money to start jobs. There was nothing like performance security. And when it was there, it would be deducted in three equal instalments, which was very easy. So this is something that we need to review. That is why you see our youth refusing to join Technical Vocational Educational and Training Institutions (TVET). Where are they going to work? They know two or three years after college, they will be working for a Chinese The electronic version of the Official Hansard Report is for information purposesonly. A certified version of this Report can be obtained from the Hansard Editor."
}