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{
    "id": 1511229,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1511229/?format=api",
    "text_counter": 305,
    "type": "speech",
    "speaker_name": "Kinangop, JP",
    "speaker_title": "Hon. Kwenya Thuku",
    "speaker": {
        "id": 13380,
        "legal_name": "Zachary Kwenya Thuku",
        "slug": "zachary-kwenya-thuku"
    },
    "content": " Thank you, Hon. Temporary Speaker, for the opportunity to contribute. I was checking with the Clerk-at-the-Table to ensure I am still in the queue. First, I wish to take this opportunity to support this omnibus Business Laws (Amendment) Bill. I am very happy with this Bill because, for the first time, we are addressing issues that affect Kenyans directly. As much as I support the Bill, there are areas that I am uncomfortable with. As a legislator, I will propose amendments, especially on the issue of increasing the core capital of our banks to the tune of Ksh10 billion within a span of three years. That is very abrupt. It may be timely, but if we implement it within three years, it will be disruptive to the banking industry. Some upcoming banks were recently registered, and we must give them time to grow. Otherwise, they will be forced to close shop and leave the \"big boys\" to be the only players in"
}