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{
    "id": 479205,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/479205/?format=api",
    "text_counter": 324,
    "type": "speech",
    "speaker_name": "Hon. Angatia",
    "speaker_title": "",
    "speaker": {
        "id": 2153,
        "legal_name": "Ayub Savula Angatia",
        "slug": "ayub-savula-angatia"
    },
    "content": "Thank you, hon. Temporary Deputy Speaker. I stand to support the Motion to annul Regulation 24(2) of the NCA Regulations 2014 for the following two reasons. One, the penalty of 50 per cent looks punitive at this time when we are encouraging the youth to register companies, especially construction companies, to deal with projects of classroom construction at the constituency level using the Constituencies Development Fund (CDF) funds. The NCA should actually move ahead and register more construction companies involving the youth and encourage them do business at the constituency level using the CDF cash, and even waive the penalty of Kshs20,000. The poverty level in the village is too high. A youth in the village cannot afford normal living standards like clothing and food. Where will he afford to get the penalty of Kshs20,000 to Kshs50,000? They should move further and remove the penalty completely for the lower cadre of registration under the NCA that involves the youth, so as to encourage them start businesses and improve the economy of this country. Hon. Temporary Deputy Speaker, you realize that in this country, there are double taxations on various issues. Look at the VAT. It is charged at 16 per cent. A youth who has no seed capital is investing for the first time. He has taken a loan from the bank and he defaults on these provisions of NCA and he is supposed to pay Kshs50,000. The bank charges an interest on what he has taken. At the end, what will he earn? So, I support the Report and it should go further and eliminate all these costs at the level of the youth. Progressive businessmen can be charged higher than even Kshs20,000, but for the youth, I would suggest that we erase this thing. I support the Motion."
}