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{
    "id": 1346290,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1346290/?format=api",
    "text_counter": 182,
    "type": "speech",
    "speaker_name": "Kikuyu, UDA",
    "speaker_title": "Hon. Kimani Ichung'wah",
    "speaker": null,
    "content": "There is a lot of negative propaganda being propagated about the Privatisation Act. Some people are saying that the Government assets are being sold for a song or that there are hidden deals. The law that we passed is very clear on the process of divestiture and how to identify assets that the Government will divest from. It also stipulates how the Government will divest, whether it is through IPOs like what was done with Safaricom and the Kenya Electricity Generating Company (KenGen), or through the input of a strategic investor, or leasing assets like sugar companies in western Kenya and parts of Nyanza. The Government will lease those assets so that Kenyans can derive value from them."
}