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"id": 1373695,
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"type": "speech",
"speaker_name": "Mwingi North, WDM",
"speaker_title": "Hon. (Eng.) Paul Nzengu",
"speaker": null,
"content": " Thank you very much, Hon. Temporary Speaker for this opportunity. I have some issues with this Bill on the way it has been structured. The levies that have been incorporated in this Bill are not supposed to be as such. It should be money contributed to a trust or fund in the same manner as the NSSF. This is so that once you have made contributions over the years, you can claim your contributions in the form of a house or savings just like NSSF does. If we are going to contribute monies and then people are going to apply for loans, which will be paid back, what happens to the initial capital that has been contributed? Does it mean that the government will divert that money to other uses? That is not being informed by this Bill. I ask the proponents of this Bill to look into that. I am aware that small business people are going to close down. They are already struggling to pay salaries, and an extra burden has been imposed on them – of matching the 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"
}