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{
    "id": 740558,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/740558/?format=api",
    "text_counter": 152,
    "type": "speech",
    "speaker_name": "Hon. A.B. Duale",
    "speaker_title": "",
    "speaker": {
        "id": 15,
        "legal_name": "Aden Bare Duale",
        "slug": "aden-duale"
    },
    "content": "Hon. Speaker, at the outset, I want to thank my colleagues for their immense contribution. These are just few amendments to help improve on the operationalisation of the Companies Act 2015 just to make sure that we tie the knots and create strong corporate governance to show how both public and private companies and those listed in the Stock Exchange are managed. Secondly, as I said earlier, Kenya being part of the global market and being a country under the leadership of President Uhuru Kenyatta, a country that wants to attract investment, it is imperative that all the laws relating to companies must be in line with the global trends and global best practices. These amendments are basically geared towards that, where we expect directors to make full disclosure and shareholders have remedies in the event a company collapses or where a director can cause a liability to that company. I totally agree with Hon. Neto, my very good friend from the last Parliament, on the definition of a spouse. There are many definitions and there are many ways you can describe your other half. I am ready to accommodate his other definition whether you call them partner or"
}