Entry Instance

HTTP 200 OK
Allow: GET, PUT, PATCH, DELETE, HEAD, OPTIONS
Content-Type: application/json
Vary: Accept

{
    "id": 482771,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/482771/?format=api",
    "text_counter": 237,
    "type": "speech",
    "speaker_name": "Hon. S.S. Ahmed",
    "speaker_title": "",
    "speaker": {
        "id": 140,
        "legal_name": "Ahmed Shakeel Shabbir Ahmed",
        "slug": "shakeel-shabbir"
    },
    "content": "Hon. Chairlady, I rise to support this. The fact of the matter is that I cannot understand the objections. This is the Retirement Benefits Act for Kenyans. All along, we have had the Old Mutual, na wengine, from South African and England. When it comes to getting our retirement benefits, we have to go to the Crown Agents or elsewhere. There is nothing wrong with 60 per cent of Kenyans being in the retirement benefits industry. After all, the NSSF is 100 per cent locally owned; foreigners have really been conning us. We have some companies like Britam and other major companies that are more than 60 per cent foreign owned. I feel very strongly that if we allow this to go below 50 per cent or 40 per cent, all overseas banks, some of which we have never heard of here, are going to take over our Retirement Benefits Authority. We will have no control over those banks and they will take our money and be liquidated in some God forsaken country. So, I support this very strongly and urge my colleagues, let us be Kenyans. Kenyans have the power and the intelligence. After all, we are doing this all over the world. We have Kenyan companies doing this in Rwanda, Uganda and Tanzania. Why do we not do it in Kenya?"
}