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"id": 1224804,
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"type": "speech",
"speaker_name": "Dadaab, WDM",
"speaker_title": "Hon. Farah Maalim",
"speaker": null,
"content": " Hon. Temporary Speaker, this Motion is long overdue. In this country, the problem we have is what we call ‘elite capture of the economy and the country itself’. The elite I am talking about is the political one. Kenya Power used to be a Government parastatal. It did a fantastic job, initially, when it was fully owned by the Government. It had very few strategic investors at some stage. Later on, the political elite, who control this country, opened it up for privatisation in line with what was called the Structural Adjustment Programmes (SAPs). The architects of the SAPs were the First World and the donor communities. The idea was that when the continent’s countries got Independence, they did not have capital necessary for the black people to engage in business. These things were controlled by foreigners. The Government had to create parastatals that were going to protect both the consumers and the system of the day."
}