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{
    "id": 1285765,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1285765/?format=api",
    "text_counter": 187,
    "type": "speech",
    "speaker_name": "Sen. Kisang",
    "speaker_title": "",
    "speaker": {
        "id": 2263,
        "legal_name": "William Kipkemoi Kisang",
        "slug": "william-kipkemoi-kisang"
    },
    "content": "I believe, even as a lawyer, while working for CRA, he should have gained a lot of knowledge in terms of the economy and that will be useful for him. The current Governor of the Central Bank is an economist. The deputy governor is a banker and Mr. Andrew Mukite Musangi is a lawyer. So, I believe this is a very good team that should be able to steer CBK and even tell us what happened. Why did De La Rue also relocate from our country? We lost a lot of employment opportunities for our youths when that particular plant closed. Mr. Speaker, Sir, one of the things that I also want him to look into very closely if he gets approved is the morale of the employees of the CBK because it is very low. This is because there was a lot of nepotism in the last regime. He needs to rejuvenate the morale of the employees so that they can work and help them deliver the mandate that they have been given. Mr. Speaker, Sir, on cryptocurrency or the blockchain, I think there are regulations that are supposed to have been passed a while ago. This particular sector needs to be regulated. I believe the Chair and his team should be able to come up with regulations so that Kenyans can be comfortable in trading in cryptocurrency. Finally, I remember towards last year’s election, the retired President had given an Executive Order that we raise the limit of cash withdrawals from a million to about Kshs2 million or Kshs3 million. Mr. Speaker, Sir, up to now, the CBK has not actualised it. So, I believe and hope that as soon as this particular Chair of this Board reports, he will open up so that our people can trade easily without filling out so many forms when you go to the bank to withdraw more than a million from your account. Mr. Speaker, Sir, I support."
}