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{
    "id": 216549,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/216549/?format=api",
    "text_counter": 114,
    "type": "speech",
    "speaker_name": "Mr. Khamasi",
    "speaker_title": "",
    "speaker": {
        "id": 300,
        "legal_name": "Daniel Lyula Khamasi",
        "slug": "daniel-khamasi"
    },
    "content": "Thank you, Mr. Temporary Deputy Chairman, Sir, for giving me an opportunity to say a few things about the taxation measures that the Minister intends to put in place. I would like to support what the previous speakers have said and in, particular, what Prof. Anyang'-Nyong'o has just said about industrial sugar. I believe the reasons we are being given are not good enough. I think the main reason, in my view, and that has happened in the past, is just to open up flood gates for the importation of white sugar by sugar-daddies under the guise of industrial sugar. That is the real reason! I think we must be on the watch out. The Minister must tell us exactly how he is going to protect sugar companies from importation of domestic white sugar. Mr. Temporary Deputy Chairman, Sir, I want to say one or two things about a matter that nobody has touched on. Those are the proposed amendments to the Insurance Act. Last year, we made an amendment to provide cash and carry in respect of fire and motor vehicle insurance cover. The Ministers says he was very happy with it because it yielded dividends. He now wants to spread that to all forms of insurance covers. I do not think that is the way to go. That is denying many people from getting the necessary cover that they may want to buy. Effectively, what that means is to go across the counter, pay your premium and get a cover by either the insurance company giving you a cover note, or issuing you with a policy. Having been in that industry, I know what that is all about. The ordinary mwananchi who buys a vehicle worth about Kshs600,000, Kshs800,000 has to June 28, 2007 PARLIAMENTARY DEBATES 2145 pay across the counter a premium worth probably Kshs100,000. That money is not readily available. You are saying that, if that is not done, then somebody is breaking the law. Why is it necessary that we must put our insuring public at great pains to pay their premiums across the counter, when they can be able to negotiate with insurance companies to pay at reasonable rates and at reasonable periods to get the cover? I do not think this is necessary for the Government. It is between the insurance company and the insured. It is for them to agree on the mode of payment of the premium."
}