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{
    "id": 1353437,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1353437/?format=api",
    "text_counter": 303,
    "type": "speech",
    "speaker_name": "Masinga, Independent",
    "speaker_title": "Hon. Joshua Mwalyo",
    "speaker": null,
    "content": "Instead of that, we should put money in tea, coffee and cotton so that the cotton that we import today can be produced locally. This way, the local manufacturers like Rift Valley Textiles (Rivatex) East Africa Limited can have the raw materials to use locally instead of importing yarns from abroad, which is paid for with the foreign exchange. I would like us to rethink in terms of producing locally what we import from abroad. We should plant a lot of rice so that in the future, we do not import rice. We should empower our production in the edible oils from our local manufacturers so that the raw local materials can be produced locally. We can do so many things as a country to save our foreign currency. The other thing is we need to control our debt. Our appetite for borrowing now should be minimised. It is important for us to rethink as a country, where we need to cut? Where do we need to minimize our expenses so that we do not borrow every now and then so as to decrease waste of resources? The other day I saw industrial parks being built in every county where we have no consultants to be seeing the kind of work that is being done nor the quality of work being supervised for the industrial parks. We have the project manager from the public works who are not being utilized in those industrial parks because the county government is saying they have the capacity to supervise the industrial parks construction, which is not true. Therefore, we need to direct money where we can earn a lot of foreign exchange. We need to encourage anybody that is growing food for export like the horticultural crops for example French beans and flowers or anything that goes abroad and earns us foreign exchange. That is where the Government needs to give them more subsidy and tax holidays. Anybody starting an export company should be given some tax holidays so that they can pay taxes after earning and getting some profits. This way we will have some reserves in our foreign currency. With those few remarks, I support what we are doing as a country for production of local products. We need to put money into this, and more so in the coffee and tea industries."
}