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{
    "id": 472905,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/472905/?format=api",
    "text_counter": 287,
    "type": "speech",
    "speaker_name": "Hon. (Prof.) Nyikal",
    "speaker_title": "",
    "speaker": {
        "id": 434,
        "legal_name": "James Nyikal",
        "slug": "james-nyikal"
    },
    "content": "Hon. Temporary Deputy Speaker, I think the setting up of the National Mining Corporation is a good step to ensure that our nation as a whole has a stake in the resources and the funds that will come from minerals and mining. However, I want to sound a warning. Many of our State corporations, particularly the ones that handle a lot of money, have actually been a disappointment. In the social security and social protection sector, corporations have been used as milking cows and the citizens have not benefitted much. We have to look at this law carefully and protect the interests of the citizens when this corporation is put in place. Hon. Temporary Deputy Speaker, Clause 28 of this Bill allows for foodstuffs, minerals and metal commodities exchange. I think this is extremely necessary to ensure that whoever discovers minerals allows the mineral to be utilised. This is extremely important. It is also important as this Bill has provided that there will be a tribunal. There is no doubt that where you have minerals and great wealth there will be lots of disputes, and so setting up a tribunal is extremely important. However, as the Bill is now, the procedures and other details about the tribunal have not been put in place; I believe that these can be contained in regulations."
}