{"id":1030586,"url":"http://info.mzalendo.com/api/v0.1/hansard/entries/1030586/?format=json","text_counter":280,"type":"speech","speaker_name":"Sen. Wambua","speaker_title":"","speaker":{"id":13199,"legal_name":"Enoch Kiio Wambua","slug":"enoch-kiio-wambua"},"content":"Thank you, Mr. Temporary Speaker, Sir. In support of the Statement by Sen. Were, I would like to say two things. One, there is a time after the disputed 2017 General Elections that a section of this country which supported a particular political leaning was called upon not to consume Safaricom services. For reasons best known to me, I opposed that call because I am a firm believer that you cannot criminalize innovation. Secondly, there is a serious matter on whether Safaricom is still entirely a communication company or a banking institution. This distinction should be made as soon as it is practically possible. I would suggest that Safaricom is split into two. Safaricom the communication company, regulated by the Communication Authority of Kenya (CAK) and the M-Pesa division regulated by the Central Bank of Kenya. That way, we will infuse sanity in this country and attract more players in the industry. I hear many people say - I have reasons to believe that it is true - that Safaricom has become more powerful than the regulator. It is both financially and logistically too strong to CAK—"}