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"type": "speech",
"speaker_name": "Hon. Ichung’wah",
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"legal_name": "Anthony Kimani Ichung'Wah",
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"content": "which you will borrow against. Deposit-taking, in the real meaning in the banking sector, is where you go and deposit your money that is withdrawable. People in the matatu business and those in the retail markets are forming SACCOs. Every other Tom, Dick and Harry in this country will form a SACCO and collect deposits that are not regulated from Kenyans. There is every reason why Central Bank of Kenya (CBK) regulates banks. It is because banks are taking deposits from members of the public."
}