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"id": 1262232,
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"type": "speech",
"speaker_name": "Sen. Tabitha Mutinda",
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"content": "Thank you, Madam Temporary Speaker. Let me start by really appreciating my colleague Sen. Crystal Asige for a wonderful Bill that she has moved before this House. I really appreciate her passion, dedication and all the hard work that she puts in all that she tables before this House. Congratulations and keep up the positive spirit. It is very encouraging to the young generation. It is very positive. Let me start by mentioning that it I high time as a nation we appreciated matters innovation, not just in Kenya, but also in East Africa and the world. It is a moment and time of technological advancement in this country. It is in this Bill that I have heard the Senator talk about innovation in conjunction with the technology, which is in place. This comes out very well because we get different products, either tangible or intangible, through different innovations. This is a platform that will help our youth generate revenue in correct and right ways. When we encourage and allow them to have platforms where they can be guided on different entrepreneurial skills. They are then able to be much more meaningful and expand their economic levels without being employed. Nonetheless, everything requires a lot of encouragement and guidance. In this Bill, Sen. Crystal Asige has also mentioned about funding research. She has talked about setting aside 15 per cent for research. Research is a very key component in any organization or industry. It is at this moment that you can get the best results. An organization can establish its vision, mission and goals that needs to be achieved. As I have said, research is a very key factor. I like it that it is in this Bill. It guides learners during incubation on which best practices in terms of business that entrepreneurs can engage in and how they can expand businesses. Different businesses expand differently. There are those businesses that are product based while others are service based. Therefore, growth levels of different types of businesses will depend on incubation offered and factors such as environment. Madam Temporary Speaker, as a student of business, please allow me speak about the concept of PESTLE analysis. Political stability is key. Our youths have been sometimes engaged in environment that is not conducive. For any business to succeed, it requires a stable political space. This is actually a good time because everything is fine. We are from politics and the environment for politics is stable. The PESTLE talks about political, economic, social, technological, legal and environmental aspects. Sen. Crystal Asige has talked about this technology in the Bill. We are at a time where we use our gadgets, especially phones to transact business; do purchases and make payments. It is a wallet transaction because everything is on our phones simply because of technology. We also have technology in terms of the applications that are within the gadgets that we use."
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