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{
    "id": 474761,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/474761/?format=api",
    "text_counter": 664,
    "type": "speech",
    "speaker_name": "Hon. Ogolla",
    "speaker_title": "",
    "speaker": {
        "id": 1264,
        "legal_name": "Gideon Ochanda Ogolla",
        "slug": "gideon-ochanda-ogolla"
    },
    "content": "Thank you, hon. Deputy Speaker for saving me from our leaders in the House. With regard to the issue of off-loading stock to at least 20 per cent when a mining right has been given for, say, four years, again, here there is a problem that the Bill must look at. The Bill stipulates that the off-loading arrangement should be done at the stock exchange. When it is done at the stock exchange, chances of conflicts arising are very high. This is because it is free for all at the stock exchange and yet you want to look at the issue of royalties and what finally gets back to the host communities. If this is not looked at, there are going to be conflicts. At the stock exchange, anybody from anywhere will buy the 20 per cent off-loading stock. Then on the issue of payment of royalties to the host communities or counties, I believe that the Bill has not come up with this arrangement in terms of how this is supposed to be done. However, a lot of care and attention must be put in this because this is where we are going to have all manner of problems, particularly with the hosting counties or areas where deposits are found. This must be considered in a very serious manner. Hon. Deputy Speaker, there is a whole issue of complaints about the role of the Cabinet Secretary in all this. Rather than the involvement in terms of appointments and many other things that are there, I see the whole issue of the position of the Cabinet Secretary being so much in terms of the amount of regulation that this Bill requires. The Bill is saying that every single time, there has to be a regulation that the Cabinet Secretary must bring around."
}