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{
    "id": 1271611,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1271611/?format=api",
    "text_counter": 142,
    "type": "speech",
    "speaker_name": "Sen. Seki",
    "speaker_title": "",
    "speaker": {
        "id": 13598,
        "legal_name": "Samuel Seki Kanar",
        "slug": "samuel-seki-kanar"
    },
    "content": "Mr. Speaker, Sir, I rise pursuant to Standing Order No.56(1)(b) to make a Statement on the Activities of the Senate Standing Committee on Trade Industrialization and Tourism for the period commencing 1st April, 2023 to 30th June, 2023. During the period under review, the Committee held a total of 21 meetings. The Committee considered the following Bills- (1) The County Licensing (Uniform Procedures) Bill (Senate Bills No.9 of 2022). The Bill seeks to establish standard uniform procedures for licensing by county governments. The Bill mandates national and county governments to adhere to the need to protect consumers and provide access to information on conditions for issuance of licenses, cost-effectiveness in the licensing process and prevention of multiple licensing processes. The Committee processed the Bill and tabled its report in this House on 12th April, 2023. The Bill is currently at the Committee of the Whole stage. (2) The Startup Bill (Senate Bills No.14 of 2022). This Bill seeks to provide a framework to encourage innovation and incentivize the establishment of startups through incubation programmes and a streamlined administrative mechanism for registration and operations. The objectives of the Bill include, among others, to promote an enabling environment for the establishment, development, conduct of business, and regulation of startups. The Committee processed the Bill and tabled its Report in this House on 16th April, 2023. The Bill is currently at the Committee of the Whole Stage. Regarding legislative proposals and pre-publication scrutiny, the Committee undertook pre-publication scrutiny of the following two legislative proposals- (a) The Street Vendors (Protection of Livelihood) Bill, 2023; and, (b) The Price Control (Essential Goods) (Amendment) Bill, 2023. The Committee held a one-day retreat on Tuesday, 16th May, 2023, to consider the two legislative proposals and approved them to proceed for publication. Concerning Petitions, during the period under review, one Petition was presented on 30th May, 2023, by Sen. Wakili Sigei, regarding fraudulent dealings at Diageo Plc, East African Breweries Limited (EABL), Kenya Breweries, and UDV (Kenya) Limited. In consideration of the Petition, the Committee held engagements with the Petitioner, Mr. Nicholas Rono and the Chief Executive Officer (CEO) of Capital Markets Authority (CMA). In the Petition, the Petitioner raised pertinent questions about safeguarding Kenyans’ shareholding in publicly listed companies against competition from international investors. The Petitioner requested the Committee to allow the review of the prayers in the Petition, to which the Committee agreed to provide a holistic trail of the inherent gaps in the transactions relating to mergers, acquisitions and takeovers. The Committee held a meeting with the CMA to substantiate the issues raised in the Petition regarding the Authority’s approval of the acquisition of additional shares by Diageo Plc."
}