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{
"id": 1060184,
"url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1060184/?format=api",
"text_counter": 325,
"type": "speech",
"speaker_name": "Wambura, Seme",
"speaker_title": "Hon. (Dr.) James Nyikal",
"speaker": null,
"content": "are there. Instead of taking steps to help the citizens get the business licences and move the country, they think they are doing them a favour! So, any effort towards making starting a business in Kenya easier is welcome. Therefore, I support this bid. If you are going to do things online, it is much easier although sometimes there are problems with slow connectivity and networks. However, you have to do returns to various authorities, including the Kenya Revenue Authority, the National Social Security Fund, the National Hospital Insurance Fund and others. Again, all these authorities, though necessary, if things can be made easier, then it will be extremely useful in terms of promoting business. This Bill, as the Mover has said although it looks big, is actually pretty simple. They have identified certain areas that need to be looked into in various businesses. If you look at the issue of the use of a company seal, it is addressed under Clauses 2, 8 and 12. We are talking about the use of company seals. Clauses 14 and 17 again talk about the company seal. So, a good job has been done, that is, issues are being relooked. If you look at the timing of payments, you find that one has to start with NHIF. They are talking of the 9th day. It is the same thing for the NSSF. Indeed, things have been harmonised and I like that. Any issue that has been picked has been harmonised through all the laws. I think that is really the way to go. The issue of the seal has been done throughout. The issue of when you should make payments has been done throughout. Under clauses 18 to 59, the Insolvency Act, time is introduced so that when you are going to be insolvent, you are, at least, given time before the credit runs nil on you or your company. I think that is extremely important. There are small payments that you do not have to go through the court to make. I think this proposed law makes that extremely easy now. On claims, people get tired of making small claims and leave them. For that reason, there are a lot of unclaimed assets. In fact, we had to set up the Unclaimed Financial Assets Authority because of the small claims and the long processes of recovery. One might as well forget about them! So, if we make it easy, people will make those small claims on their money. Look at the examples of those of us who travel. You buy something and then for the tax return, you just fill a form at the airport. You put it in a box and you come back to this country and within a month, you get your refund. I think we should make things as easy as that. I support this Bill."
}