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{
    "id": 293675,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/293675/?format=api",
    "text_counter": 158,
    "type": "other",
    "speaker_name": "",
    "speaker_title": "",
    "speaker": null,
    "content": "Mr. Speaker, Sir, for a long time, the Nairobi Securities Exchange (NSE) has been used by fairly large companies to access capital among other things. The high threshold in law has denied the small and medium enterprises (SMEs) the opportunity to access long-term and relatively cheap capital as well as raising their profiles through participation in the Central Depositories and Settlement Corporation (CDSC). In order to address this problem, I propose to amend the law to create a framework for growth, enterprise market segment within the NSE targeting SMEs. We have two different securities settlement infrastructures. One is based at the CDSC and the other at the CBK. However, international best practice points to a single"
}