Entry Instance

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

{
    "id": 698036,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/698036/?format=api",
    "text_counter": 114,
    "type": "speech",
    "speaker_name": "Hon. Kipyegon",
    "speaker_title": "",
    "speaker": {
        "id": 1453,
        "legal_name": "Johana Ngeno Kipyegon",
        "slug": "johana-ngeno-kipyegon"
    },
    "content": "that people brought to them. The appointment of board of directors was a big blunder. With the creation of those parastatals, the first issue would have been the regulations which were meant to be put in place so that when we are making appointments of directors, we do it diligently and with proper qualifications so that we have the right directors in those boards. One of my colleagues spoke about the board of directors in most of private companies and private banks. Those institutions pick the most qualified directors to run those private banks and companies. Unless under peculiar circumstances, you will not find those private banks or companies collapsing because of mismanagement by the boards. I think our boards, especially of parastatals, have been turned into political campaign tools, so that people who just get appointed in those particular positions are people who are thought to be politically correct, but are not completely qualified to run them. The creation of that particular body which will continuously look into the qualifications of directors and especially train the directors on particular positions they are holding in the parastatals will go a long way in streamlining the parastatals. Hon. Temporary Deputy Speaker, parastatals play a huge role in our economy. We have more than 300 parastatals which, with independent CEOs, play a major economic role in our country. Only half of them are moribund and others are surviving on money they get from the State."
}