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{
    "id": 482441,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/482441/?format=api",
    "text_counter": 241,
    "type": "speech",
    "speaker_name": "Hon. Angwenyi",
    "speaker_title": "",
    "speaker": {
        "id": 326,
        "legal_name": "Jimmy Nuru Ondieki Angwenyi",
        "slug": "jimmy-angwenyi"
    },
    "content": "more tax revenues before we get to the sharing bill. For example, 60 per cent of the revenue raised from Nyanza Province comes from Kisii and Nyamira. So, before we share out with Siaya, Homabay and others, we should get 10 per cent of the revenue collected from Nyanza first before we begin sharing equally among the counties. The aspect of mines has been clearly addressed in this Bill. We have now discovered oil and gas in this country. There are a lot of minerals in Taita Taveta and Kakamega. In this Finance Bill, the taxation measures should be such that it encourages the local people to exploit some of those minerals and of course pay taxes to the country and create wealth. However, it has not been clearly stated here how the source counties will benefit from the exploitation of the minerals in those counties. The other aspect which has not been addressed well is the one which gives investors incentives to invest in this country in industries thus creating jobs. The biggest problem that we have in this country is unemployment of our youth. It is the time bomb in this country. This morning I read that 72,000 students are going to be admitted to our public universities. In four years’ time we are going to have 72,000 graduates from our universities and yet we have no jobs for them! We should create a system and environment where we encourage investment in our country in various industries which are labour intensive, for example, textiles so that we create jobs for our people. Otherwise, they are going to cause a revolution in this country. Hon. Temporary Deputy Speaker, I did some study on some of the countries on how they have created jobs. I went to a place called Hong Kong. I was taken round and I asked: Where do this people go after 7.00 a.m.? They arrive in towns around 7.00 p.m. They took me to their cottage industries which are labour intensive. That is where these people disappear to only to come back at 7.00 a.m. One of the three factories they took me to see was a textile mill. They told me that they make clothes and they wear some. Once they are worn out, they export them to Kenya as mitumba. If we could create textile mills in the country so that we do not import, we would create more than 50,000 jobs. They took me to another factory which prepares pins – the ones we use in our staplers and so on. They told me they had an order from Kenya worth US$1 million. They have employed more than 1,000 people in that factory. They took me to a third one where they make candles. They told us that they had three factories in that city that manufacture candles. They told me that they had an order of US$2.5 million from Kenya. That industry has employed more than 2,000 people. So, our tax measures should give 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."
}