Aden Bare Duale

All parliamentary appearances

Entries 9091 to 9100 of 17810.

• 18 Oct 2016 in National Assembly: Hon. Speaker, I beg to move the following Procedural Motion:- THAT, pursuant to the provisions of Standing Order No.30(3)(b), this House resolves to hold a Sitting today Tuesday, 18th October 2016, for not more than three hours commencing at 6.45 p.m. or such earlier time being not more than 15 minutes after the rise of the House. Hon. Speaker, for the benefit of Members, it is worth noting that I have moved the Motion in an amended form and not the one on the Order Paper. The import of this is to afford the House a window of opportunity to ... view
• 18 Oct 2016 in National Assembly: Thank you, Hon. Speaker. At least today, you moved and you did it very well in explaining why the Motion is amended. The reason we have another Sitting is because the able Chairman of the Departmental Committee on Justice and Legal Affairs has tabled the Report of the vetting of the nominee for the position of Chief Justice, Hon. Justice David Maraga. There are many issues which are tied to the appointment of that individual. In the event that the House approves his name, we will ask the President to formally appoint him tomorrow and he takes the oath of ... view
• 18 Oct 2016 in National Assembly: copy of the Report of the Departmental Committee on Justice and Legal Affairs on what they have said on the nominee. Read it and when we come for the second Sitting, you will contribute to the Motion based on what you have read and from an informed position. So, the matter is very simple. I am seeing only one leader from the other side; the other leadership is not around. Hon. Wanyonyi, you have a long way to become part of the leadership in the House. You know you are not a leader. You have a long way. So, you ... view
• 18 Oct 2016 in National Assembly: Thank you, Hon. Speaker, for making that correction. I was wondering whether Hon. Chepkong’a is now becoming the Chair of chang’aa and these other matters which belong to Hon. Kamama. view
• 18 Oct 2016 in National Assembly: Hon. Speaker, I beg to move that the Insurance (Amendment) Bill, 2016 be now Read a Second Time. It is my hope that Hon. Members have taken time to read this Bill. I would like to give brief highlights of the proposed amendments. At the back of the Bill, it shows sections in the principal Act which are being amended by this law. 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 Oct 2016 in National Assembly: Hon. Speaker, this Bill proposes to amend the Insurance Act to introduce a new phenomenon called Takaful insurance, which is an insurance based on group participation guaranteeing each of the member--- view
• 18 Oct 2016 in National Assembly: Hon. Speaker, there is too much noise. view
• 18 Oct 2016 in National Assembly: Thank you, Hon. Speaker. This Bill proposes to amend the Insurance Act and to introduce a new phenomenon called Takaful insurance. This is an insurance based on group participation, a group that guarantees each of their members against any defined law or damage. The Takaful insurance which is being introduced deals with facilitation on the issuance of regulations to cover the Takaful Insurance. This will enable the law to recognize Takaful insurance business and facilitate the financial inclusion of that type of business to our citizens and, more so, to people who profess the Islamic faith like me. The current ... view
• 18 Oct 2016 in National Assembly: The method of valuing the liability of an insurance company is well discussed in this Bill. How do you value the liability of an insurance company? Do you use the net premium valuation method, which is now found in law, or do you look at other parameters when undertaking a premium valuation? Currently, the only method provided in the Act for valuing the liabilities of an insurance company is the net premium valuation method. This Bill wants to introduce the use of other valuation methods as maybe prescribed by the Authority. The Bill is opening up this area to ensure ... view
• 18 Oct 2016 in National Assembly: Thank you, Hon. Speaker. I want to thank all Members who made very positive contribution. To correct the notion that Takaful Insurance is only found in Muslim world, you will find it in Malaysia, Indonesia and the Middle East. It is an Arabic word meant to define that type of insurance. It is just like the way the Cabinet Secretary (CS) for the National Treasury would go to the Middle East to float a bond. That bond would be called Sukuk . If you see Sukuk Bond, that is an Arabic word in the Muslim world that refers to the ... view