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{
"id": 159842,
"url": "https://info.mzalendo.com/api/v0.1/hansard/entries/159842/?format=api",
"text_counter": 633,
"type": "speech",
"speaker_name": "Mr. Chepkitony",
"speaker_title": "",
"speaker": {
"id": 13,
"legal_name": "Lucas Kipkosgei Chepkitony",
"slug": "lucas-chepkitony"
},
"content": "So, the Government should still pursue that policy of regulating the prices. We should move out of liberalisation because the oil companies are unable to respond to the low crude oil prices in the world market. This high prices of petroleum is affecting not only agriculture but all other industries. Our industries are not performing well. There is high cost of electricity which is affecting the industries. The tariffs for electricity are very high when compared with other countries in the Common Market for Eastern and Southern African (COMESA) and East African regions. Our industrial products are unable to compete effectively with other products from the other countries in the COMESA region. There is danger that our industries are going to close or relocate elsewhere."
}