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"id": 974822,
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"type": "speech",
"speaker_name": "Kitui West, WDM-K",
"speaker_title": "Hon. (Ms.) Edith Nyenze",
"speaker": {
"id": 13513,
"legal_name": "Edith Nyenze",
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"content": "expensive for these start-ups to run business in Kenya because there are so many charges. Start- ups are expected to pay so many charges. The tax is also quite high as some businesses are highly taxed. As we open the doors for investors to do business, we should also mind our own Kenyans. We should encourage Kenyans to engage in business activities, since as I have said, there are no white-collar jobs. In this case, I am thinking of a way of reducing by a certain percentage the cost of starting small businesses for the youth. If it is taxes, the same way we have said that 30 per cent of the businesses should be given to youth and persons living with disabilities, we should also consider reducing the tax by a certain percentage, as well as the charges especially when starting small businesses for the first time. This will encourage them to do business since there are so many requirements. Again, as we open our doors for investors, we should also mind about the security. We might open so much when concerned about growing the economy, only to open doors for the wrong people. Security should be ensured so that we do not open doors for insecurity. I would also like to comment on taxation. Every time we say that we do not collect enough revenue. We should look into this proposed law to make sure that we do not exempt some businesses which are supposed to be giving us revenue. We should especially look at the SGR. The Bill encourages building of big storages for bulky commodities like grain when it comes to importation and exportation. This is very positive. The Standard Gauge Railway has been constructed, but if we do not have bulk storage, then we will not have enough storage for grain and other commodities in bulk. We should also be very keen when it comes to exemption from taxes. If we exempt very many and open it much, then we will lag behind as far as revenue collection is concerned."
}