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{
    "id": 866622,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/866622/?format=api",
    "text_counter": 124,
    "type": "speech",
    "speaker_name": "Tigania West, JP",
    "speaker_title": "Hon. John Mutunga",
    "speaker": {
        "id": 13495,
        "legal_name": "John Kanyuithia Mutunga",
        "slug": "john-kanyuithia-mutunga"
    },
    "content": "In the East African region, Kenya is the only country that has banks across the region and they have an internal communication system. They need to link across the region. To make it easier for them, we need to have harmonised approach to the information and communication system that is going to be used. I am sure they incur a lot of costs across the region this time but harmonisation will help develop standard operating procedures that are cutting across the region and so the importance of this particular provision. The other issue is making the operation costs lower and curbing cybercrime which is rampant across the region. So, when we have common regulations and standard operating procedures, it is going to be easier for the East African regional initiatives to work and develop systems that will be cheaper, more efficient and effective so that institutions and business entities can communicate better. Opportunities for Kenya are many and I do not need to enumerate all of them."
}