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"id": 49901,
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"speaker_name": "Dr. Oburu",
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"speaker": {
"id": 194,
"legal_name": "Oburu Ngona Odinga",
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"content": "Mr. Temporary Deputy Speaker, Sir, most of the State corporations which are supported by the Government are non-profit making and are either regulatory or provide service to members of the public. For those which are involved in commercial activities, some make profit and contribute to the Government coffers and some make losses and, therefore, do not contribute to the Government coffers and are lined up for privatization. Very soon, they are going to be privatized. The Government is going to dispose them off. Like the hon. Member has mentioned, the balance sheets of some parastatals, for example, sugar factories, show that they are not making profit. That is why they do not contribute to the State coffers. If they happen to make any profit, they are required by law to make contributions in terms of dividends to the Government."
}