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{
    "id": 78594,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/78594/?format=api",
    "text_counter": 320,
    "type": "speech",
    "speaker_name": "Mr. Raila",
    "speaker_title": "The Prime Minister",
    "speaker": {
        "id": 195,
        "legal_name": "Raila Amolo Odinga",
        "slug": "raila-odinga"
    },
    "content": " Hon. Yinda wanted to know what conditions the Government will put to foreigners who have come to invest in the country, and whether those foreigners will offer shares to local citizens. I know that in some countries, it is mandatory for foreigners to offer shares to local citizens. I am not quite sure whether that, itself, has advanced the economic development of the people in those countries. We know that partnerships are negotiated freely in a free enterprise society. So, we encourage our citizens to enter into joint ventures with foreigners who are coming to invest in our country. But we also want them to venture on their own because capital is now available locally. I know that some of our people are shy when it comes to taking risks. Taking a risk to venture into the private sector is a big problem. That is why I was saying that Members of this House must join the Government in trying to create a culture of risk- taking, rather than a culture of employment mentality that says: “Just put me somewhere”. The culture that “I must be employed somewhere” is what we must discourage, so that the private sector can thrive in our country."
}