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{
    "id": 831140,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/831140/?format=api",
    "text_counter": 237,
    "type": "speech",
    "speaker_name": "Nambale, ANC",
    "speaker_title": "Hon. Sakwa Bunyasi",
    "speaker": {
        "id": 2511,
        "legal_name": "John Sakwa Bunyasi",
        "slug": "john-sakwa-bunyasi"
    },
    "content": "Further, while we worry about questions of environment and particularly think of a country like India that we have mentioned, it has a strong institutional basis as the United States of America and Holland have in their co-operatives and associations. There are risks and gains in this system. The gains occur along the value chain from the time they leave the farmer to the time the last bag is sold. They internalise that through their co-operative system. That co- operative system, as it happened when warehouse systems were being developed, owns that chain. Whenever along that chain the benefits occur, they are internalised. We have a mafia in this country that owns those warehouses. You might wait thinking that you will go and draw down the benefits of the maize or whatever crop you had put in six months down the road when, in fact, the warehouse is empty - the goods have been sold at the secondary market. There will be litigation in courts which will take 10 years to settle. There are risks here. It is a great idea but the wrong time in a country that does not respect contracts; a country that doubts the Judiciary. We shall not be able to get anywhere. Our cases are taking too long. I am aware of this system. Global institutions had been pushing for this when they felt that the public sector management system of grain handling - although cotton has also been used The electronic version of the Official Hansard Report is for information purposes only. Acertified version of this Report can be obtained from the Hansard Editor."
}