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{
    "id": 1055745,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1055745/?format=api",
    "text_counter": 303,
    "type": "speech",
    "speaker_name": "Nyaribari Chache, JP",
    "speaker_title": "Hon. Richard Tong’i",
    "speaker": {
        "id": 2611,
        "legal_name": "Richard Nyagaka Tongi",
        "slug": "richard-nyagaka-tongi"
    },
    "content": "We have to be careful. I know that His Excellency President Uhuru Kenyatta has gone out of his way to get foreign investors into the country. If we are not careful about the manner in which we handle this Bill, we will be sending wrong signals to the investors who may think that Kenya is a country that does not appreciate success; that you can be punished for succeeding, and that Kenya will interfere with your private business. That is not our strategy as Government. We do not want to be sending wrong signal to foreign investors who would have preferred to invest their money in this country because they believe we have what it takes to take this country to the next level. We have very innovative Kenyans. For record purposes, the M-Pesa innovation was developed by a very young man from my village in Kisii. Maybe, we also need to come up with a way of patenting that kind of knowledge. This young man has not been rewarded for the innovation. He is struggling out there and yet we know the kind of benefits we all get out of M- pesa, to both the economy and the company. Shareholders smile all the way to the bank and yet the innovator has not benefitted much."
}