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"id": 1283553,
"url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1283553/?format=api",
"text_counter": 268,
"type": "speech",
"speaker_name": "Kikuyu, UDA",
"speaker_title": "Hon. Kimani Ichung’wah",
"speaker": null,
"content": "Hon. Temporary Speaker, under this new privatisation Bill, we will seek to ensure strict timelines to implement a privatisation programme. For instance, if you are privatising a technology-based company, you do not take five, six, seven, eight, nine or 10 years. So, by the time you seek to privatize, that company's value has dropped to almost negligible value, and therefore the public loses value. If it becomes an Act, the intent of this Bill is to ensure that we derive maximum value at the right time out of the state-owned enterprises we seek to privatize. I hope Members will support this Bill to ensure we never lose value. The electronic version of the Official Hansard Report is for information purposesonly. A certified version of this Report can be obtained from the Hansard Editor."
}