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{
    "id": 416732,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/416732/?format=api",
    "text_counter": 116,
    "type": "speech",
    "speaker_name": "Hon. Gikaria",
    "speaker_title": "",
    "speaker": {
        "id": 2489,
        "legal_name": "David Gikaria",
        "slug": "david-gikaria"
    },
    "content": "Thank you, hon. Deputy Speaker. First of all, let me start by thanking my party chairman, hon. Sakaja, for bringing these timely amendments for purposes of assisting our youth. Like hon. Mbadi had said earlier--- Even if we actualize the 30 per cent and have it as law, there are some acts and laws that will still be barriers to our young people and for the affirmative action to be undertaken. As it has been pointed out, the issue of registration or the Companies Act needs to be looked into so that we do not have youths coming all the way from North Eastern to do registration. We need to look at that so that our youths can register their companies without necessarily having to come to Nairobi. The famous Donde Bill addressed how to rationalize the interest rates, because if you look at the youth fund or Uwezo Fund, there is limited capital that the youth can get. We need to look at the possibility of bringing back the Donde Bill, which will address the issues of interest rates, so that we can encourage the young people to borrow from the banks without necessarily having to pay very huge interest rates. I totally agree with hon. (Ms.) Amina Abdalla that you will find multinational companies getting subsidies or low rates from their countries, yet they are competing with companies in Kenya who depend on these very punitive loans. If we could be able to address the few issues, the amendments which hon. Sakaja has brought will come of age and be able to assist our youth. As much as the 30 per cent is small, it is a better start for the youth, women and people with disability to provide national procurement. However, we also need to give some sensitization. It is a challenge to us Members of Parliament, that every time we go back to our constituencies, we need to assist these groups understand what is available to them and the laws to abide by. Most of our youth do not even know the process of registering a company to enable them to get the tenders. There are some tenders that the young people cannot undertake, but recently you have seen the tender advertisements and most of the Government institutions and companies are putting exclusive tenders just purely for these groups. This is the right direction to take, leaving these groups to compete amongst themselves. With these multi-national tenders, we also need see how we will involve the young people. For example, the standard gauge railway, we need to advise the companies that as much as they are being given the tenders, there are supplies of some materials which do not require expertise. If a multi-national company is given a big tender, then it is important for the Ministry concerned to encourage the contractors to tender some supplies, within the contract to these groups. This will go a long way to encourage the youth to participate in the big tenders. Hon. Katoo had talked about the company profile. It is true that most of these youth have registered recently and do not have any company profile. They have also not been able to meet the conditions that have been put on the tender advertisements which The electronic version of the Official Hansard Report is for information purposesonly. A certified version of this Report can be obtained from the Hansard Editor."
}