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{
    "id": 1038014,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1038014/?format=api",
    "text_counter": 416,
    "type": "speech",
    "speaker_name": "Kitui Central, WDM-K",
    "speaker_title": "Hon. Makali Mulu",
    "speaker": {
        "id": 1955,
        "legal_name": "Benson Makali Mulu",
        "slug": "benson-makali-mulu"
    },
    "content": "and such other taxes. When we have agreements where we avoid double taxation, it means that the country becomes attractive to investors, be they local or foreign. As I listened to my colleague from Molo talking about Mauritius, I realised that the more attractive you make your country by having a favourable tax regime, the more you attract investors. That is why we are saying that through this Motion, we can easily make our country as attractive as Mauritius. When an investor wants to decide whether to invest in Kenya or Mauritius, the first thing they would look at is the tax regime. The next thing that is considered is infrastructure. You and I, Hon. Speaker, have been to Mauritius. You know the kind of infrastructure that exists in that country. The other thing is what the Leader of the Majority Party was talking about, that is, ease to do business. Kenya used to rank 80, but now we rank 56. Rwanda, our neighbour, ranks 32. If I have money and I want to invest, I will look at the ease of doing business index. If I find Rwanda is more favourable than Kenya, obviously, I will go to Rwanda before I come to Kenya. That is why this agreement is very important to our country. We need to put Kenya at a place where any investor who wants to invest will always be attracted to invest in Kenya. We might not be able to reach Mauritius for now as it is ranked first or second in terms of ease of doing business. I support this Motion so that we start putting our country on the right track in terms of ensuring that double taxation is avoided as much as possible. That way, we will attract investors to come to Kenya."
}