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{
    "id": 776272,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/776272/?format=api",
    "text_counter": 195,
    "type": "speech",
    "speaker_name": "Hon. Ichung’wah",
    "speaker_title": "",
    "speaker": {
        "id": 1835,
        "legal_name": "Anthony Kimani Ichung'Wah",
        "slug": "anthony-kimani-ichungwah"
    },
    "content": "I have seen adverts on television saying “ ploti maguta maguta ”. To translate that from Latin, it means that they are selling plots that are very oily. The oil in the plots is in how liquid they make you once you buy them. A lot of Kenyans are being duped to buy land that is unserviced, largely inaccessible, and land on which you cannot farm or even inhabit since it is not serviced at all. This Sessional Paper talks to that aspect of the Government using its resources to service land and make sure there is sewer, roads, electricity and water. Therefore, this encourages private developers to come and develop housing that will be affordable to many Kenyans working in this City and other urban areas, but cannot afford housing. People are duped to buy those “ ploti maguta maguta ” in areas that are not accessible and this ties up a lot of capital. Kenyans are working hard to save and invest in property because they have a desire to own a home for their families, but they end up buying plots in areas that they will not be able to build in the near future. Therefore, it is all tied-up capital and it is idle capital. Therefore, this is not just about housing. It is also speaking to a very good culture that Kenyans have unlike many other people in Africa. You must give Kenyans credit. They have a very good saving culture. The growth of the SACCO sector speaks volumes of our saving culture. You saw me consulting with the Chair of the Departmental Committee on Transport, Public Works and Housing. I also had opportunity yesterday to attend the vetting process for the nominee for the PS, Housing, who incidentally happens to have been my classmate at the only school in Kenya, namely, Alliance High School."
}