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{
    "id": 577213,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/577213/?format=api",
    "text_counter": 776,
    "type": "speech",
    "speaker_name": "Hon. Moi",
    "speaker_title": "",
    "speaker": {
        "id": 2689,
        "legal_name": "Kipruto Moi",
        "slug": "kipruto-moi"
    },
    "content": "Thank you, Hon. Temporary Deputy Chairman. Number one, as much as I would like to commend Hon. Korir for his patriotism, if we say foreign companies must give 30 per cent of their shareholding to Kenyans by birth, we will be discriminating against those who are Kenyans by registration. I could have a son who was born in the United States of America and 18 years later he moves to Kenya and becomes a citizen by registration. Number two is the fact that imposing 30 per cent local shareholding on any foreign company is very extreme. People who want to put their money in a venture are going to be extremely wary of just picking on any shareholder. If I were to support the Member, the local shareholding would be less than 30 per cent or none at all."
}