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"id": 1020494,
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"type": "speech",
"speaker_name": "Emuhaya, ANC",
"speaker_title": "Hon. Omboko Milemba",
"speaker": {
"id": 13328,
"legal_name": "Jeremiah Omboko Milemba",
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"content": " Thank you, Hon. Temporary Deputy Speaker, for this opportunity. I want to fully support this Report by the Committee and also thank the Chairman. Of course, as the Member for Embakasi East did state, this is a very strong Member of Parliament for Mvita. I hear that he has interest there, we wish him well if he has to become the governor. This Report is spot on and maybe it just shows the quality of person he is. Hon. Temporary Deputy Speaker, I will begin by stating the original reason why State corporations - sometimes called parastatals - were created. They were created specifically among other things to fit in places where individual or private businesses could not fit. Therefore, it was very important that the Government comes in to take care of those areas. With time, the economy expanded after we got our independence and there are very many areas where private enterprises are doing far much better than State corporations. State corporations have become irrelevant and it is high time that some of them are audited thoroughly with the intention of phasing out those that cannot sustain themselves and those which private entrepreneurs have taken over, like in the case of supermarkets. Originally, no individual Kenyan was able to invest strongly in supermarkets but with time they have come in and State corporations in the areas of marketing and trading have become irrelevant. So, this Report is timely and should be pushed to the very end so that we sieve State corporations that have remained to only suck the Government’s money, instead of making profits. They have outlived their importance and that is why this Report becomes very important. Of course, there are few that must remain even if they are making no profit, as they may be touching 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."
}