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{
    "id": 719600,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/719600/?format=api",
    "text_counter": 231,
    "type": "speech",
    "speaker_name": "Hon. Manje",
    "speaker_title": "",
    "speaker": {
        "id": 1669,
        "legal_name": "Joseph Wathigo Manje",
        "slug": "joseph-wathigo-manje"
    },
    "content": "the Government business enterprises are not governed by the cardinal rule of business which is profit. It is governed by other things. So, if we want to improve the efficiency of our parastatals, we should privatise them as much as possible. The other reason we should privatise is because there is a lot of political interference. World over, government parastatals are normally affected by the political situation in the country. Many governments would like to do the projects within their term, meaning that they would put people using political considerations as opposed to economic considerations. The other thing is the shareholding. You will find that it cannot open itself to pure competition like any other enterprise because the shareholding is the Government. Whether it is performing or not, that interest of having dividends is not there. That is where we should forget about this. With those few remarks, I support this and say we should continue amending until we get a good Bill that will make sure that at least we privatise our organisation and move with speed because they are delaying our country. We are spending a lot of money to facilitate and to give enterprises that are not performing chances. Remember the money that we gave Kenya Airways instead of privatising to some extent or maybe leaving the Government with a small majority so that it can offer efficiency. I support. Thank you."
}