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{
    "id": 472097,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/472097/?format=api",
    "text_counter": 72,
    "type": "speech",
    "speaker_name": "Sen. Billow",
    "speaker_title": "",
    "speaker": {
        "id": 260,
        "legal_name": "Billow Adan Kerrow",
        "slug": "billow-kerrow"
    },
    "content": "Mr. Speaker, Sir, the clarification sought by Mr. Kajwang about profits, I have also made it very clear that the high profits being earned by banks is a matter of concern not just by the Government but the whole country. This matter has been raised. It is unacceptable. Even when the economy is not performing, the single sector that performs well in terms of profitability is, in fact, the banks. I want to clarify that it is only 42 per cent of the data that has been earned here that is interest earned from banks. The majority of their profits, 52 per cent come from outside interests which have been earned from those loans. It comes from Government securities and other non- interest incomes. It is important to clarify as we mentioned earlier that the Government must start--- 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."
}