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"id": 247372,
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"type": "speech",
"speaker_name": "Dr. Kituyi",
"speaker_title": "The Minister for Trade and Industry",
"speaker": {
"id": 293,
"legal_name": "Mukhisa Kituyi",
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"content": " Thank you, Mr. Speaker, Sir. I will take the issues as they come. I started with a preamble that one of the limiting factors in my ability to do anything, particularly making radical decisions about Uchumi Supermarkets, was the fact that, as of the time that it collapsed, the Government shareholding was less than 10 per cent. Therefore, it was not an organization under my Ministry. It was not a parastatal. Secondly, it is broad Government policy that has been put in the public domain that the Government is de-investing from commercial enterprises. Parastatals which are of the nature of commercial enterprises are being sold out to the public through the Nairobi Stock Exchange, where possible."
}