Entry Instance

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

{
    "id": 570556,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/570556/?format=api",
    "text_counter": 236,
    "type": "speech",
    "speaker_name": "Hon. Musimba",
    "speaker_title": "",
    "speaker": {
        "id": 1804,
        "legal_name": "Patrick Mweu Musimba",
        "slug": "patrick-mweu-musimba"
    },
    "content": "less profits which are distributable to individual investors. New stories will emerge on how to relate with people like Bill Gates and Mark Zuckerberg, whom markets helped and their companies achieved a lot of capacity and share growth. I am very happy to have learnt that Rwanda picked from our proposal and was ranked top 30th in the world in terms of business attractiveness. This will take us to a new hilt. The transition will ensure that Kenya becomes a strong pillar not just in the region because we are targeting a market of 120 million people. Probably it will approach 200 million people, if we include Ethiopia. With the sound legal basis that we are setting forth here, we will realize these figures. This will also open up things like futures trading, which I mentioned earlier. Our debt levels are currently astronomical. Our people who are undertaking importation and exportation are really challenged, especially with such a weakening Kenya Shilling. The companies will now be able to chart out their own ways of moving through and measuring up. Looking at the public companies and the new threshold that has been put at around Kshs6.5 million for incorporation, it provides a new window especially within the new constitutional dispensation. It is important that we look at the counties and encourage them to develop county parastatals that will be able to do PPPs with their own locals in terms of mobilizing themselves and mobilising small entrepreneurs, who are there to actualize the socio-economic revolution that we are about to herald. Those rights are enshrined in our Constitution. The issue of timelines is very important. Talking about registration, we must put timelines so that as soon as someone ascribes to the forms and fills them up, they are bound by the 48 hours timeline. Entrepreneurs see opportunities, marshal the necessary resources and assume the risks and returns because opportunities sort of pass in the air. If you delay in collecting a certificate for registration, a tender will not stay in abeyance waiting for you. The nature of business is dynamic and your partners are always revolving. You will find that your strategic partners for today end up becoming your strategic competitors. It is important to pick on these timelines and see how to move this great nation forward. I want to thank the Members of the Departmental Committee on Justice and Legal Affairs. I am sure that we will canvass more on this Bill before the Third Reading."
}