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{
    "id": 226105,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/226105/?format=api",
    "text_counter": 231,
    "type": "speech",
    "speaker_name": "Prof. Anyang'-Nyong'o",
    "speaker_title": "",
    "speaker": {
        "id": 193,
        "legal_name": "Peter Anyang' Nyong'o",
        "slug": "peter-nyongo"
    },
    "content": "Mr. Temporary Deputy Speaker, Sir, I thank the Assistant Minister for a very comprehensive answer. However, I would like to raise two issues just for clarification. He said that the issue before the court in Uganda is a shareholders' disagreement. However, precisely because it is a shareholders' disagreement, could he clarify to the House whether this disagreement will affect the mobilisation of capital by the shareholders to be invested in the RVR? The whole essence of concessioning was that shareholders would mobilise sufficient 656 PARLIAMENTARY DEBATES April 17, 2007 capital to make the RVR efficient. As it stands, it looks, to me, as if the disagreement in Uganda is part and parcel of stopping the mobilisation of capital into the railways so that it can perform. Could the Assistant Minister really explain to us whether that is something that the Government or the KR, as a regulator, can look into and reassure Kenyans that, indeed, capital will go into the new venture? Finally, I am glad that the Assistant Minister accepts that the RVR is, indeed, inefficient. However, he observed that in terms of revenue, within the three months period that they have examined, the RVR has returned more revenue that the previous KR. However, the flip side of this is that more revenue is coming from a lower volume of goods being moved. This means that the RVR is charging a higher value per goods moved than the previous KR. This, essentially, means that people are moving away from the RVR and going to the roads which is what we have been trying to avoid in this country: Remove heavy haulage of goods on the roads and take them to the railways. What this South African is doing is charging more, moving less and not investing capital into the railways."
}