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{
    "id": 1060403,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1060403/?format=api",
    "text_counter": 182,
    "type": "speech",
    "speaker_name": "Dagoretti South, JP",
    "speaker_title": "Hon. John Kiarie",
    "speaker": {
        "id": 13322,
        "legal_name": "John Kiarie Waweru",
        "slug": "john-kiarie-waweru"
    },
    "content": "people who should be facilitators of business in this country are actually the biggest frustrators of the same. Everyone is talking about young people being innovative and creative. However, those who are ahead of these young people are actually intellectual property bandits. A young Kenyan will invent something, will discover something, but before they know it, someone who has more economic power might grab that idea, run away with it and not even pay for it. Other hoops that we are making our people jump are actually corruption in a way that you can never imagine. A recent study is telling us that Kenya Power and Lighting Company (KPLC), which is actually going broke today, has been buying electricity at Ksh23 per kilowatt hour from Independent Power Producers (IPPs) while they can buy the same kilowatt hour for 50 cents. It means that there is an individual making away with close to Ksh22.5 by just exploiting KPLC, which in turn exploits its people and frustrates businesses in this country. So, even as we talk about ease of doing business, it is good to deal with matters of a company sale. Hon. Temporary Deputy Speaker, it is going to be important for us to look at the stamp duty issuance. It is very important to relook the Companies Act. It is very important for us to look at the Small Claims Court Act. We will need to look further afield for the solutions that we need. Let us start thinking about how we educate the next generation of entrepreneurs in this country. How can our young people take advantage of what appears to us organically and for free? How can we utilize the land, the natural resources, the wind, and the sun that we have? If we do not educate the next generation to think like this, they will find themselves in the same rat race that we find ourselves in — young people over laden with degrees after degrees looking for work while we could have taught them to be critical thinkers and creators of wealth. Today, every young person is looking to getting employed after school. So, we need to go back to the basics and ask ourselves questions. If the world today is providing for us in the cyber and the physical space, how can we take advantage of the internet to do things today that can make our country prosper from what is organically ours? We need to change our mindset from thinking about an international investor who will come to Kenya to invest. As it is, that international investor, we are already frustrating him! Any individual will tell you that if they land in Kenya today, and they started to register a company, someone who has gone to Uganda or Rwanda will have done that, maybe, three or four weeks before the Kenyan one is able to do anything. However, I believe that our solutions will not be about us looking to the West or looking to the East; it is about looking internally. Our solutions can be found out of the natural resources that are availed to us. The biggest of them all is our population. If we prepared them for today and the future, Kenya can leapfrog to the front of the pile, so that we do not have to reinvent the wheel by going through the first, second and third revolutions to get to the fourth one. We can leapfrog to the front as a country and build the Kenya that we always wanted or dreamt about. I support the Business Laws (Amendment) Bill. I congratulate the Leader of the Majority Party for introducing it to the House."
}