Aden Bare Duale

All parliamentary appearances

Entries 10611 to 10620 of 17810.

• 10 Mar 2016 in National Assembly: Hon. Speaker, I beg to move the following Procedural Motion:- THAT, pursuant to the provisions of Standing Order 49(2)(a), this House resolves to rescind its decision of Tuesday, 16th February 2016 (Afternoon Sitting) regarding the appointment of Members to the Budget and Appropriations Committee. Hon. Speaker, following the rejection of the names of the reconstituted Members of the Budget and Appropriations Committee on 16th February 2016, we are left with three options. In the HBC that took place this week, that agenda was brought as a substantive agenda to discuss this matter. The matter that was brought to the House ... view
• 10 Mar 2016 in National Assembly: The second issue is that the budget-making process is supposed to be a function of both coalitions of the whole House. Within the Liaison Committee, it is a club that is mainly composed of the Jubilee Coalition with only two members of CORD coalition - the Chair of the Public Accounts Committee (PAC) and the Chair of the Public Investments Committee (PIC). A number of Members have said that their Bills are unable to move because members are not efficient. The third issue is on reconstituting the 52-member Budget and Appropriations Committee. That, again, in the third year, I have ... view
• 10 Mar 2016 in National Assembly: There are only two issues. If you have nothing to contribute, then wait for the Question to be put. I have a lot to contribute. Hon. Speaker if you could protect me from the Member for Luanda who always has a boundary dispute with Hon. Olago Aluoch--- This is not about the boundary between Maseno and Luanda. This is about serious business. You better spend that energy and time to solve the Maseno-Luanda boundary dispute. view
• 10 Mar 2016 in National Assembly: Hon. Speaker, either way, the budget-making process will continue. Those of us who are in the Liaison Committee have no choice because you have sent the Budget there. As leaders, sometimes, we must rise to the occasion. We cannot even have the Budget to be discussed by only one section of the House. Hon. Speaker, I think we agreed and deliberated on that. One of the issues that came up was a provision in the Constitution regarding Private Members’ Bills. In as far as Article 114 of Constitution is concerned; it is not very explicit in that it should be ... view
• 10 Mar 2016 in National Assembly: Thank you, Hon. Temporary Deputy Speaker. I really wanted this House to have more time to ventilate on this Bill. This is a matter which has a history dating back to the year 2000. view
• 10 Mar 2016 in National Assembly: As I support the Banking (Amendment) Bill 2015, I would like to declare that, personally, I have no loans with any bank. But my family businesses have loans. Let us call a spade a spade and rise to the occasion. The matter before us is serious. The banks in this country make billions of shillings of profit before tax. For example, in 2013, Kenya Commercial Bank (KCB) made Kshs17.7 billion profit, while Standard Chartered Bank made Kshs14.3billion profit. Barclays Bank of Kenya made a profit of Kshs12.3 billion in 2014, while Centum Investments Limited made Kshs8.8 billion. In the same ... view
• 10 Mar 2016 in National Assembly: cent of the best rates set by the CBK. The CBK lending rate has been reducing at a fast rate. It is currently at 8 per cent. You have seen the media and the political class, including the Deputy President, asking why the interest rates are not coming down. Hon. Temporary Deputy Speaker, when the crude oil prices across the world come down, it is, at least, reflected with a reduction of fuel prices. So, why is it that when the Central Bank of Kenya (CBK) rates reduce, they do not translate into the reduction of interest rates by banks? ... view
• 10 Mar 2016 in National Assembly: He is a Catholic the way I am a Muslim. He is a Catholic of another sect. view
• 10 Mar 2016 in National Assembly: If you allow me, I am not in a Baringo public rally. I am in the House. That sect within the Catholic faith is very rigid. That cannot be transferred to the running of the CBK. The CBK has to be run according to the Central Bank of Kenya Act. So, the stakeholders must be given a chance to contribute to this Bill. The KBA must come in. We must curb high interest rates if we want to save our people. We passed the Anti-Terrorism Bill which guides us on how to trace money from proceeds of terrorism. This House ... view
• 10 Mar 2016 in National Assembly: Assets Recovery Bill. We have a Governor of CBK who wakes up one morning and sends a memo to all the banks which says:- “Any Kenyan who wants to deposit Kshs500,000 must fill a form.” It is as if he is appearing before the Director of Public Prosecutions (DPP) or the Director of Criminal Investigation Department (CID). Any Kenyan who wants to withdraw Kshs1million must also fill another form as if he wants to get a certificate of good conduct. All those ladies who are doing small businesses in Gikomba Market are no longer banking their money. It is being ... view