Entry Instance

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

{
    "id": 699710,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/699710/?format=api",
    "text_counter": 135,
    "type": "speech",
    "speaker_name": "Hon. Shidiye",
    "speaker_title": "",
    "speaker": {
        "id": 2070,
        "legal_name": "Mohamed Muktar Shidiye",
        "slug": "mohamed-muktar-shidiye"
    },
    "content": "Today, English is the richest language in the world because it has embraced other languages. The word “ Hashish ” is an English word originating from Arab. There are many Kikuyu, Somali and Arabic words which have been taken up in English. So, English is rich because it has borrowed words from other languages. That is why we must domesticate the word “ Takaful” as an English word. In America we had “ergonomics of economics”. Those words never existed but somebody coined them. Those are important things that need to be addressed. The other thing we need to do is to educate Kenyans on insurance, especially the benefits of insurance. Recently, we saw the Government doing a pilot project on cattle and livestock insurance. The Takaful is also engaged in livestock insurance in the villages, which to me is a game changer for many pastoralists. So, we need to support this Takaful and also the fast- tracking from 90 days to 30 days. This is important because time is of the essence. Kenyans lose money and time; time is money. So, IRA must come with good rules which must be adhered to. We must look at the capital ratios of those companies which are being licensed. There must be a follow up. If they do not do so it means many will be losing their money. That means there will be under dealings. When these companies collapse, Kenyan people will lose. So, it is important that we support this Bill. It has come at the right time. We have been waiting for it. When you have an accident and you are not paid--- The Takaful product will ensure that at the The electronic version of the Official Hansard Report is for information purposesonly. A certified version of this Report can be obtained from the Hansard Editor."
}