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{
    "id": 644056,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/644056/?format=api",
    "text_counter": 142,
    "type": "speech",
    "speaker_name": "Hon. Uhuru Kenyatta",
    "speaker_title": "His Excellency the President",
    "speaker": {
        "id": 168,
        "legal_name": "Uhuru Muigai Kenyatta",
        "slug": "uhuru-kenyatta"
    },
    "content": "Speakers, hon. Members and fellow Kenyans, my administration is investing not only in the immediate improvement of Kenyans’ lives but also in laying the future for the true prosperity that we seek. That is why we have made such bold investments in security, transport and infrastructure, energy, Information and Communication Technology (ICT), mining and agriculture. We all know that even while the national economy is growing strongly, it is still too small to fulfill our people’s aspirations for themselves and their families. Only a true transformation will do this for us. However, transformations are not easy. They are full of ups and downs, and it is a very hard path. Every Kenyan knows this from their own life stories how tough it is to save money for school or to start small businesses; how difficult it is to walk miles every morning to get to school and work, yet with undying hope in a better tomorrow, the Kenyan people persist in working hard in seeking to improve themselves and their families. My job as President, our job as Government, your job as legislators, is to walk with the people in that path of personal transformation, by ensuring that the country is transforming with our people. As we transform one individual at a time, we will fulfill the Nationalist Promise. In time, we will create a collective nation that is secure, prosperous, healthy and well educated in line with the covenant of our founding fathers. This Nationalist Promise that I keep referring to was not just about inspiration or citizenship; it was also a determination to combat poverty, ignorance and disease and that we were going to enable our people to make an honest living. These are the reasons that have driven my administration to now make it easier to register a company. Through the overhaul of the Companies Act, we have cut to a minimum the old stringent rules that once made it difficult for sole business owners to register as limited companies. Further reforms such as the passing of the Insolvency Act have improved the processes that are required for one to be in business in the formal sector. They have sought not to fiddle with existing approaches but instead transform the business landscape. Evidence of our success is that the World Bank’s doing business indicators show Kenyato be the third most improved country in the world. We, as a country, jumped almost an unprecedented 28 positions in their rankings. Nairobi, our capital city, was named the most attractive destination for foreign direct investment in Africa. Kenya alone on the African continent was singled out as one of the seven most promising emerging markets. This achievement is also part of our Nationalist Promise."
}