{"id":1080098,"url":"http://info.mzalendo.com/api/v0.1/hansard/entries/1080098/?format=json","text_counter":247,"type":"speech","speaker_name":"Homa Bay CWR, ODM","speaker_title":"Hon. (Ms.) Gladys Wanga","speaker":{"id":590,"legal_name":"Gladys Atieno Nyasuna","slug":"gladys-atieno-nyasuna"},"content":"This clause applies to the Thin Capitalisation Rule. What we are trying to do as a Committee is to exempt institutions where interest is both their profit and business. Those are banks and financial institutions licensed under the Banking Act and also the Micro, Small and Medium Enterprises (MSMEs). It is so that MSMEs do not fall in the trap of the new Thin Capitalisation Rule."}