Abdul Rahim Dawood

All parliamentary appearances

Entries 91 to 100 of 773.

• 21 Sep 2021 in National Assembly: Thank you, Hon. Speaker. I want to join the petitioners, Hon. Mule from Matungulu and the other petitioners. I remember the issue of prices of fuel came to the Departmental Committee on Finance and National Planning when I was a Member of the Committee, and as a Committee we had declined the 16 per cent VAT. We had said that it should have been zero-rated. Due to a memorandum, it was reduced from 16 per cent to 8 per cent. We need to rethink the memorandums that are brought to this House because we cannot overturn any law. Getting two-thirds ... view
• 19 Aug 2021 in National Assembly: Thank you, Hon. Speaker. I would like to comment on the first and the second petitions. Mr. Ireri has rightly put it that farm implements should be zero- rated. We should even see how we will improve on the agrarian economy because that is the way to go for this country. We should be food sufficient within the next 15 to 20 years. Hon. Speaker, regarding the second Petition, I remember when the Cabinet Secretary (CS) for Finance and the National Treasury was here to give the Budget Speech. He said that all pending bills should be cleared before the ... view
• 18 Aug 2021 in National Assembly: Thank you, Hon. Speaker. I join my colleagues in commenting on this Petition. I think it is very important. You cannot be studying for many years and then you are told your course is not accredited. There was a time a couple of years back when there was an issue with the Institute of Engineers. There was even one with the Kenya School of Law. People study courses for a purpose and if that purpose is not fulfilled, we are curtailing their rights. So, I believe this one should be sorted out and accreditation should be given to the people ... view
• 18 Aug 2021 in National Assembly: Thank you, Hon. Deputy Speaker. I want to join my colleague in supporting the Petition. We cannot do double jeopardy in the sense that somebody has already been jailed or convicted. Then, when they go looking for a job to fend for themselves, this is indicated in the Certificate of Good Conduct. So, anybody who has been convicted for less than two or three years or fined less than Kshs100,000, this should not be indicated in the Certificate of Good Conduct as a criminal conviction. Otherwise, I support the Petition. view
• 18 Aug 2021 in National Assembly: Thank you, Hon. Deputy Speaker. I appreciate the other Members not being there, so that I can at least move my Bill. This is the Kenya Deposit Insurance (Amendment) Bill (National Assembly Bill No. 43 of 2020). This Bill has taken me three years because I brought it to Parliament in 2018. It has stayed, gone to the Departmental Committee on Finance and National Planning and the Budget and Appropriations Committee and got lost along the way. This Bill is for the people. We are trying to change what is given to depositors who have deposited money in banks which ... view
• 18 Aug 2021 in National Assembly: Hon. Deputy Speaker, the issue we are dealing with here is to raise the amount that a person can deposit into a bank account. When I presented it to the Departmental Committee on Finance and National Planning, the Budget and Appropriations Committee (BAC) and the Parliamentary The electronic version of the Official Hansard Report is for information purposesonly. A certified version of this Report can be obtained from the Hansard Editor. view
• 18 Aug 2021 in National Assembly: Budget Office (PBO), they made a proposal and looked at the pros and cons of this Bill. There are so many people out there with money. The value of money has declined such that people will have not less than Kshs500,000 in their accounts. What happens is that if somebody has put Kshs600,000 into a bank account and the bank collapses, that money will never be refunded because he will get only Kshs500,000 at the current rates because of the Regulations. However, what if the Regulations are changed by the CEO or the Central Bank of Kenya (CBK), because that ... view
• 18 Aug 2021 in National Assembly: Today all the presidential candidates are speaking about small people’s economy, be it the Deputy President, the former Prime Minister, Hon. Musalia Mudavadi and Hon. Kalonzo Musyoka. They are all talking about the common person and the economy. However, once we do not have a structure where depositors can get back their money, it is a drawback and will not work. view
• 18 Aug 2021 in National Assembly: The PBO did an analysis of this Bill and came up with very good suggestions. They said that once this Bill is enacted, people will have confidence in putting their money into bank accounts. At the moment, people can only deposit up to Kshs500,000 and keep the rest of their money in their houses or somewhere else that is not profitable or safe. The PBO came up with a chart where they said if this law is enacted and deposits are in the accounts, the first year we will get an extra 20 per cent as savings in the banks ... view
• 18 Aug 2021 in National Assembly: I have even proposed in this amendment that if somebody has two or three accounts, they should not be consolidated. Each account should stand on its own. That is the trust accounts. The Kenya Deposits Insurance Corporation (KDIC) gives money to individual accounts and not consolidated ones. I am requesting my colleagues that we should pass this Bill into law. Today if you were to ask any small trader, be it in Gikomba, Meru in Gakoromone or the Small and Medium-Term Enterprises (SMEs), they will not have less than Kshs500,000 in an account. This is because probably they have sold ... view