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{
    "id": 383848,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/383848/?format=api",
    "text_counter": 32,
    "type": "speech",
    "speaker_name": "Sen. Nobwola",
    "speaker_title": "",
    "speaker": {
        "id": 13116,
        "legal_name": "Catherine Mukiite Nabwala",
        "slug": "catherine-mukiite-nabwala"
    },
    "content": "Madam Temporary Speaker, I beg to move:- THAT, aware that the level of unemployment among youths in Kenya is over 70 per cent and rising; concerned that the formal sector is unable to generate sufficient formal employment for college graduates, resulting in far reaching ramifications to the economy and society across all counties in Kenya; noting that the youths are unable to venture into private enterprises because of lack of access to affordable credit; the Senate urges the Government to take urgent and immediate steps to ensure legislation is enacted to provide for the establishment of a Graduates Enterprise Fund to offer revolving interest-free loans to unemployed graduates in all the 47 counties. Madam Temporary Speaker, my Motion is very clear. In the inaugural speech by the President, it caught his eye because of the concern that the country has towards our youths who are out there on the streets and who have been involved in many activities that are against the morals of the society. Therefore, this Motion seeks to find solutions to the problems of unemployment among the youth in all counties in Kenya. It specifically responds to the question: What does it feel like to produce graduates whose employment is not guaranteed? Graduate employment and under-employment imply that investments in education and training are not yielding the desired results as the products of these investments are not being put into productive use, leading to lack of or low earnings, poverty, a reduced taxation base and high welfare cost since the unemployment graduates are forced to rely on their families for support. The establishment of the Graduates Enterprise Fund (GEF) in all the 47 counties is a realistic and practical intervention in addressing the problem of youth unemployment in Kenya. Past initiatives, including the Youth Enterprise Fund which was launched in 2006 by the central Government to address the rising youth unemployment in the country as well as provide youth entrepreneurs with capital for business startup did not create the number of jobs and businesses that were envisioned. The electronic version of the Senate Hansard Report is for information purposes only. A certified version of this Report can be obtained from the Hansard Editor, Senate."
}