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{
    "id": 1254215,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1254215/?format=api",
    "text_counter": 166,
    "type": "speech",
    "speaker_name": "Prof. Njuguna Ndung’u",
    "speaker_title": "The Cabinet Secretary, National Treasury and Economic Planning",
    "speaker": null,
    "content": "Betting, gaming, prize competitions and lotteries are addictive in nature and have negative socio-economic effects on society. To discourage participation in those activities by Kenyans, especially school-going children, I propose to the National Assembly to increase the rate of Excise Duty on betting, gaming, prize competition and lotteries from the current rate of 7.5 per cent to 12.5 per cent. There has been an increase in the importation of fish into the country, which has negatively affected the local fish industry. To promote and protect the local fish industry, which provides livelihood to many Kenyans, I propose to the National Assembly to introduce Excise Duty on imported fish at Ksh100,000 per metric tonne or 10 per cent of the excisable value, whichever is higher."
}