Entry Instance

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

{
    "id": 68209,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/68209/?format=api",
    "text_counter": 72,
    "type": "speech",
    "speaker_name": "7 Wednesday 22nd December, 2010(A) Mr. Magerer",
    "speaker_title": "",
    "speaker": null,
    "content": "Mr. Deputy Speaker, Sir, it is true that we have recommended Kshs6 as the peak value for wholesale margin and Kshs3 for the retailers. That is because within the wholesaling levels, we have several other aspects that contribute to the cost. Mr. Deputy Speaker, Sir, if you can allow me, I can just enumerate some of the areas that we envisage as part of the cost on the issue of building up the prices. One, we have taxes which are legal by Government entities. By that, we mean the Ministry of Finance, the Ministry of Roads, the Energy Regulating Commission (ERC) and others. We also have the transport charges cost by the KPC and we have also factored in the transportation by private business people who normally transport up to 20 per cent of all the fuel that is available in the country. We have also factored in some level of loses. You will agree with me that in the process of handling that commodity, there are bound to be loses. My Ministry has recommended the peak in terms of what is acceptable, assuming that the system is efficient. We have, therefore, factored in pipeline loses, depot loses and the rates on delivery, either at the wholesaling point or from the wholesale to retailers. All those have been computed in terms of the highest imaginable figures. That is why the Ministry has been able to advice the dealers to ensure that they are within the expected levels by the Ministry."
}