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{
    "id": 152959,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/152959/?format=api",
    "text_counter": 216,
    "type": "other",
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    "content": "Lastly, Mr. Deputy Speaker, Sir, the objective is to broaden ownership. The Government wants to get out of production and facilitate the private sector to carry out those functions. I want to advise the leadership and the farmers that when the privatization exercise rolls out, they should be the majority shareholders. The Government is going to facilitate farmers and other stakeholders involved in the sugar industry to acquire shares so that they will not only be selling cane and making profits, but they will also earn from the shares that they will hold in those factories. Mr. Deputy Speaker, Sir, the case in Mumias is where farmers bought the shares but, because of poverty, they sold the shares and now the factory is in the hands of other people who may not necessarily have the interests of the farmers at heart. Therefore, it is a lesson that we have learnt. We must insist that, at least, 30 per cent of the factory must be in control, in terms of shareholding, of the farmers."
}