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{
    "id": 349949,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/349949/?format=api",
    "text_counter": 696,
    "type": "speech",
    "speaker_name": "Mr. Onyancha",
    "speaker_title": "",
    "speaker": {
        "id": 126,
        "legal_name": "Charles Onyancha",
        "slug": "charles-onyancha"
    },
    "content": "Mr. Deputy Speaker, Sir, I also rise to support this Motion. The Government has been known to be a poor manager of the private sector. In trying to privatize the sugar industry, our Government is trying to get off business and do management of the Government and that is something commendable. Wherever we have gone and seen privatization working properly, we find that whatever institution has been privatized becomes more efficient and has improved management. There is good management in production and they start making good profits. They, thereafter, expand and create more employment. When we give shares to private investors, even if it is 51 per cent--- In this case, the Government intends to retain some proportion. We have not given it away. That is because as of now, there is no sugar company - except only one - that is paying taxes. When we privatize and those companies improve and start paying taxes, we, as the people of Kenya, own 30 per cent of it because we take 30 per cent of those profits from taxation. I, therefore, would like to encourage this exercise and also encourage - like other speakers - that at the time of privatization and thereafter, diversification into other areas like power alcohol, molasses, bagasse, electricity production and other areas should be considered. With those few remarks, I beg to support very strongly."
}