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{
    "id": 814309,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/814309/?format=api",
    "text_counter": 270,
    "type": "speech",
    "speaker_name": "Kiharu, JP",
    "speaker_title": "Hon. Samson Nyoro",
    "speaker": {
        "id": 13370,
        "legal_name": "Samson Ndindi Nyoro",
        "slug": "samson-ndindi-nyoro"
    },
    "content": " Thank you very much for this chance to contribute to this Motion. At the outset, I support. Land is a very important resource and factor of production. As you know, and as it has been said before, land is a very important resource and factor of production, when talking about everything we do as a country. Whether we talk about economic development or social justice, in all areas land is vital. I am sure I do not have much time and I will go directly to my points. I have read what this Bill seeks to achieve. One, from the Committee’s observations the principal object of this Bill is to provide an elaborate framework for governing compulsory acquisition process. Clause 6 states that the market value of land shall be considered in calculating the land value index in addition to other specified principles. The reason why I have referred to those two is because as you know in our country every other time we are departing from the competitive economy and moving to more of a command system. This is where the Government directs investments, production and pricing of commodities and services. This is because the competitive nature of our economy is more or less failing. The oil sector has left it to the competitive forces to bring up prices and the cartels to fix prices. That is why we now need such kind of a fallback position. Even fixing of prices in this country ought to have been left to the market forces to determine them because the market is not homogenous."
}