Entry Instance

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

{
    "id": 494324,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/494324/?format=api",
    "text_counter": 153,
    "type": "speech",
    "speaker_name": "Hon. Ng’ongo",
    "speaker_title": "",
    "speaker": {
        "id": 110,
        "legal_name": "John Mbadi Ng'ong'o",
        "slug": "john-mbadi"
    },
    "content": "Hon. Speaker, having said that, I wanted to actually to also support the Motion as moved by hon. Nicholas Gumbo. I think we need to thank and congratulate hon. Gumbo because apart from the Bill that you have just carried, I also want to carry the Companies Bill, which is actually 1,090 pages; these two Bills really are very important. This is because we have been complaining about unfriendly business environment. Without going to the details of the Companies Bill or the Insolvency Bill, this is the Bill that, after this House passes it, the business environment should be friendly for investment; it is not a Bill that we can rush. Hon. Speaker, remember that the Companies Act that has been in operation was passed in 1948. So, we are presented with a unique opportunity to do what all earlier Parliaments have not done. Therefore, I would not mind even if only five Members of Parliament contribute to some of these Bills, so long as those Members of Parliament prepare sufficiently to make us understand what is in this Bill. This is because you may give every Member a chance to contribute for ten minutes and before one advances even serious arguments which will help this House we proceed to the Committee of the whole House to make a decision. So, my view is that we support the Motion as moved by hon. Gumbo, so that this House will have a few of us who are prepared and who have read these two very important Bills to make contributions. Finally, hon. Speaker you know the Insolvency Bill is also very critical; actually this country has had a lot of problems, and businesses are struggling. Then before the shareholders know what is happening, their business is put under receivership. Before you know it, someone has already sold it without due consideration of the interests of creditors and shareholders. So, hon. Speaker, we are presented, as a House, with a unique opportunity to do what this country has been calling upon Parliament to do for so many years. Therefore, I support that we extend the time allowable for contribution to these Bills. Thank you."
}