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{
    "id": 967888,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/967888/?format=api",
    "text_counter": 508,
    "type": "speech",
    "speaker_name": "Central Imenti, JP",
    "speaker_title": "Hon. Moses Kirima",
    "speaker": {
        "id": 13317,
        "legal_name": "Moses Nguchine Kirima",
        "slug": "moses-nguchine-kirima-2"
    },
    "content": "are supposed to pass through public participation. The CBK nowadays issues regulations even without considering how they will affect the common man on the ground or even the businessman who intends to open his business somewhere to assist the community and himself. I am saying so because if you look at the law as it is now, for a pastoralist, or a livestock farmer who also plants coffee or tea to get, say, Kshs1 million, he or she requires to sell one bull, one he-goat and obtain some little earnings from coffee. There is no agreement made when you are selling your bull. It is all about a willing buyer and a willing seller. After selling, you can go to a SACCO somewhere and you get your Kshs200, 000. Together with the proceeds from the sale of the bull, it becomes Kshs1 million. When you take it to the bank, it will require you to produce an agreement showing what you sold or what you did to acquire the Kshs1million. They have forgotten that the Kenyan currency has been devalued to the extent that the Kshs1 million of today is not the same as the Kshs1million of the 1970s. The CBK has taken Kenyans for granted by issuing regulations and orders which are impeding business development in Kenya. The Committee on Delegated Legislation has even more work to do, other than the one which they have done now, on how to prevail upon CBK because of these rules and regulations they use. For one to withdraw Kshs1 million, he or she must explain where it came from. They are forgetting that if you are doing any little business, for example, construction or you want to buy some spare parts of a vehicle, sometimes they cost more than that. I wonder whether we are in the same Kenya where we talk of freedom of business, free enterprise and developing a 24-hour economy. Is it possible with these kinds of regulations? This House should come up with legislation to give the CBK direction on what it is supposed to do. We have given it so much freedom. Some of the regulations are an impediment to business in Kenya. Something must be done about CBK because it has become an impediment to business entrepreneurs in Kenya. One can operate a business anywhere in Kenya provided he is a Kenyan. When I want to open a business in Lodwar, why should I consult CBK? Why should I consult CBK that I want to open a business in Mombasa, Meru or Kisumu? If the Constitution allows me to settle anywhere, why can I not start business there? These regulations are an impediment to the development of Kenya. We cannot develop with these kinds of regulations. Such were meant to impede progress by Africans during the colonial rule. Africans could not open business in Nairobi, Mombasa, Kisumu, Eldoret or other big towns then. The regulations were maintained and decorated in one way or the other. They have now been imposed to us by the black colonialist who sits in big offices and continues to step on the heads of those people who matter much. To conclude, since we are going on recess, I wish the Members of this House a good recess. Let us go back to the people who elected us. They want to see us to be with them, especially over Christmas so that, at least, they can hear what we have been doing throughout the year. It is raining everywhere in Kenya and if you drive carelessly like you do in Nairobi, you will be swept away by flash floods. We will be very sorry to be contributing here because an MP 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."
}