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{
    "id": 578534,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/578534/?format=api",
    "text_counter": 471,
    "type": "speech",
    "speaker_name": "Hon. Ganya",
    "speaker_title": "",
    "speaker": {
        "id": 18,
        "legal_name": "Francis Chachu Ganya",
        "slug": "francis-ganya"
    },
    "content": "Government. Because of this, it is a good concept and it is a good Bill that we should support as Kenyans. In a nutshell, it will promote ease of doing business in Kenya and make us competitive when we compare ourselves with other countries. If we want to grow our economy by double digits as we desire, then these enabling laws must be in place for us to spur our economic growth. It also promotes private sector development in our nation. This will also result in socio- economic development in the entire country. It will achieve this by having this State Corporation and it will be resourced by revenues that we will collect during registration of businesses and companies in our country. I hope it will be sustainable and it will be able to resource itself instead of depending on the Exchequer every year to run its operations. This State Corporation will provide the necessary institutional capacity that will improve efficiency and effectiveness in operations of our Government especially when it comes to registering of companies in our nation. I have a problem with the board of directors in terms of the tenure of office. In most State corporations in Kenya, members have tenure of about three years, but this Bill proposes five years. There is no rationale given why this is exceptional. I had a chance to serve as a director once in this country and most of our terms were for three years. I served as a director for the National Cereals and Produce Board of Kenya (NCPB) when Kibaki came to power many years ago. Hon. Temporary Deputy Speaker, again, I hope that the Directors will be sourced so that we get very competent Kenyans who can enable us to realize the objectives of this Bill. In the spirit of devolution, I hope that those State corporations will be decentralized so that all the 47 counties will have some branches or an office whereby people can go and register their companies or businesses. If we are to grow, we must grow holistically whereby all parts of Kenya are resourced and provided with facilities to ensure that we realize the objectives of this Bill."
}