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{
    "id": 401511,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/401511/?format=api",
    "text_counter": 226,
    "type": "speech",
    "speaker_name": "Sen. (Dr.) Khalwale",
    "speaker_title": "",
    "speaker": {
        "id": 170,
        "legal_name": "Bonny Khalwale",
        "slug": "bonny-khalwale"
    },
    "content": "Madam Temporary Speaker, I am very sorry. This is the only time that I have made that mistake. I am not sure whether this is because of the testosterone that is flowing through my brain this morning. However, I want to plead with colleagues that this is a practical thing. When you borrow money, you do so knowing that you will break even and repay it. Some people may say that this Senate is being unrealistic by lowering the rates from 10 per cent to 3 per cent. Farming is not like any other businesses. I know that most of you have businesses. Farming is a speculative business. The term “speculative” means that a farmer can plant ten acres of maize mixed with beans. You speculate on the assumption that rains will come on time and that they will be pure and not accompanied with other disasters. But what happens in some of the years? You find that in a particular season, the rains fail and so the crops fail or the rains come late and so the crops fail or the rains come on time but they come with hailstones which destroy the crops which fail. What is more, the rains can come with other disasters like a storm and flatten the entire plant and the crop fails. In some cases, you will find that in certain seasons, rains come with army worms. In fact, this is such a common thing in Nyanza, some parts of the former Western 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"
}