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{
    "id": 919628,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/919628/?format=api",
    "text_counter": 789,
    "type": "speech",
    "speaker_name": "Nominated, ANC",
    "speaker_title": "Hon. Godfrey Osotsi",
    "speaker": {
        "id": 13172,
        "legal_name": "Godfrey Osotsi",
        "slug": "godfrey-osotsi"
    },
    "content": " Thank you, Hon. Temporary Deputy Speaker. As I have said, I have read the Report. One thing that has come out very clearly is that the Committee did a very good job in trying to assess the PIIP that had been proposed by KQ. I have a lot of reservations after going through the Report. KQ had proposed that we have a Special Purpose Vehicle (SPV) which will operate, manage and develop JKIA for a period of 30 years. They will basically own 100 per cent of that SPV. In other words, it meant that KQ was going to take over JKIA. The Committee’s proposal is similar to what KQ had proposed. The only difference is that, currently, the ownership is at 100 per cent by the Kenyan Government. But under SPV, the ownership would be by KQ, which is a private company. As you have rightly pointed out, Hon. Temporary Deputy Speaker, it is a major source of concern that KQ was a national company which was privatised and now we are turning it back to a nationalised company. The Committee has not been very clear on that. That will send a negative perception as to the success of privatisation in this country. Bear in mind that we have had public companies which were doing so well, but they collapsed as soon as they were privatised. One example is the Mumias Sugar Company. It was doing so well as a public company. The moment it was privatised, it went down. We are seeing the same scenario with KQ. If you go through the Report - and I agree with the Committee - it highlights the reasons KQ is not performing well. If the reasons why KQ is not performing well are very clear in the Report, why do we want to nationalise it again? Why can we not deal with those reasons? One reason is that compared to other countries in the region - for example, Ethiopia and Rwanda - we still charge landing fees."
}