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{
    "id": 863383,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/863383/?format=api",
    "text_counter": 261,
    "type": "speech",
    "speaker_name": "Nambale, ANC",
    "speaker_title": "Hon. Sakwa Bunyasi",
    "speaker": {
        "id": 2511,
        "legal_name": "John Sakwa Bunyasi",
        "slug": "john-sakwa-bunyasi"
    },
    "content": "The advantage of having an ICT-based system as opposed to manual or semi-manual systems is like shining a bright spotlight in a fairly murky area to see what is going on. The SACCOs are institutions of trust like banks meaning that you put in your resources with the expectation that the leadership in there will not only look after your resources but also grow them for you. There are people who beyond what they might earn on their pensions, if any, their principal savings and basket for retirement is in the SACCOs. It is important that SACCOs function well. In addition, as has been stated by my colleagues earlier, it can be a way in which you progressively build your capital base. You can start off by buying a bicycle. It may end up building a home before you retire. These are really important instruments in the transformation of our communities – working or not working. It is really important that they are regulated in a way that is fair, effective and efficient also. Using ICT is one way in which you can sort of cut through and see where the mess is. Lack of networks in the country might be an inconvenience but it is not an overriding obstacle. You can have stand-alone modules that you can do on your computer and simply upload them as reporting time comes. That way, it will get into the system. The difference will be that you will not have instant feedback and instant information but, when it comes up, they will be able to get it, analyse it and upload it to the system so that it becomes part of the database of the system. It is possible to do that. Many places in this Republic including the most remote areas have computers. People have computers and all manner of information and communication gadgetry. I do not think that will be a hindrance. The fact that it should be mechanised electronically needs to be compulsory so that we do not get any institutions in some corners of the country that are still in the old and archaic way that might introduce doubt and lack of confidence in the development of these extremely important institutions."
}