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"id": 719475,
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"type": "speech",
"speaker_name": "Hon. Dawood",
"speaker_title": "",
"speaker": {
"id": 2572,
"legal_name": "Abdul Rahim Dawood",
"slug": "abdul-rahim-dawood"
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"content": "I support the Privatisation (Amendment) Bill. People running the Privatisation Commission are not doing a good job. They should be sent home. Privatisation of corporations have been done half-way. We put so much money into these corporations but our shareholding goes down instead of rising. In the morning during a Committee meeting, there was a Supplementary Budget of Kshs500,000 to be pumped into Uchumi Supermarket. For how long are we going to pump money into Uchumi Supermarket that keeps going down the drain? We must offload State corporations that are not making money because we will be wasting the taxpayers’ money if we hold onto them. This country has so many parastatals. There was a policy paper done in the first year of the Jubilee Government but we have unfortunately done nothing about these parastatals. We have to get the bull by the horns and get control of these parastatals. Yesterday, we had a meeting with the Ministry of Tourism which has nine parastatals under it compared to South Africa which has two parastatals yet it has a bigger tourism industry. Parliamentarians and the country leadership should have a way of doing away with these parastatals that are not of help to us. This commission and other provisions in the Bill will help us to move ahead with privatisation. There are many State corporations that are partially owned by Government but we hardly get dividends from them. The State should do its core mandate of providing services. We should streamline and remove parastatals. People elected to be chairmen of boards should not be people we know. They should be applying. People who run our boards are not qualified. These chairmen should not be political appointees. They should be able to articulate issues of 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."
}