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{
    "id": 1518735,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1518735/?format=api",
    "text_counter": 200,
    "type": "speech",
    "speaker_name": "Shinyalu, ANC",
    "speaker_title": "Hon. Fred Ikana",
    "speaker": null,
    "content": "This is a very important Bill that has been proposed by my brother and neighbour, Hon. Shinali, on gold processing. Allow me to start by restating a very well-known fact that Kenya is a very rich country in the amount of gold deposits that are spread across the country. The gold deposits in the country are spread and are not limited to just Shinyalu and Ikolomani. There are many gold deposits in Migori, Turkana and many other parts of this country. I second this Bill because it creates a framework through which we shall ensure that our young people and investors who are in the field of gold mining will generate resources and gain full value of the potential that exists in this sector. One of the key issues that is being addressed by this Bill is sustainability and safety. We realise that every so often there have been incidents of many deaths that are occasioned by collapsing gold mines not just in Shinyalu, but also across the country. The issue of safety has been well addressed in this Bill. We are hopeful that if Parliament enables us to enact this legislation, we shall ensure that the safety of our young men who are involved in gold mining is safeguarded. Hon. Temporary Speaker, you will realise that most of those who are engaged in that business are exploited by the bigger players. Why is that so? It is because we do not have sufficient legislation to safeguard their interests in ensuring that the value attained from the raw materials that they extract from the gold deposits is accrued back to them. This Gold Refinery Bill shall ensure that the gold sold from this country is sold in processed form and not as raw material, thus generating foreign exchange for the country, creating additional employment positions for many unemployed youths, and stabilising our currency, which has been volatile recently."
}