All parliamentary appearances
Entries 1041 to 1050 of 1784.
-
26 Mar 2019 in Senate:
Madam Temporary Speaker, during the time we visited various counties, there were some that felt that these natural resources should not be exploited. This is because,
view
-
26 Mar 2019 in Senate:
The electronic version of the Senate Hansard Report is for information purposesonly. A certified version of this Report can be obtained from the Hansard Editor, Senate.
view
-
26 Mar 2019 in Senate:
unfortunately, when natural resources are being exploited and utilised, sometimes it comes with dire effects. For example, if it is through mining, we may find that there are poisonous substances that stream down to the river and cause people to have diseases, etcetera .
view
-
26 Mar 2019 in Senate:
It was important, therefore, to try to bring within a scheme, a Bill that will help and benefit the communities to exploit the natural resources. It will also help them feel part and parcel of these natural resources.
view
-
26 Mar 2019 in Senate:
The Bill has three very key components in its various parts. The first is to ensure that there is an overarching body that is in charge of natural resources across the various counties. In the first Bill, that is, The Natural Resources Benefit Sharing Bill, 2014, it had been put as an authority. When the Bill went to the National Assembly, it was termed a money Bill, we suspect maybe partly because of having an authority. In this Bill, 2018, we have changed to a commission, body or organisation that already exists, called the Commission on Revenue Allocation (CRA) that ...
view
-
26 Mar 2019 in Senate:
Madam Temporary Speaker, other extremely key institutions that are created are at the county and ward levels specifically, a community benefit sharing organisation and committee to ensure that even where revenue is put into place--- If we look at the Mining Bill that was recently passed, it actually moved forward to make allocations of 70 per cent to the national Government, 20 per cent to county government and 10 per cent to local communities. However, the mechanism to do that is missing.
view
-
26 Mar 2019 in Senate:
I have seen various statements coming from the Floor, and I think Sen. Mwaruma is also bringing one. This is where we know a resource is being utilised and money is coming in, but the structure for ensuring that it finally lands to the people in the communities is missing.
view
-
26 Mar 2019 in Senate:
Two communities have been created. We have the local community benefit sharing and the county benefit sharing, who coordinate with the CRA and liaise with the revenue collecting body, that is, the Kenya Revenue Authority (KRA), to ensure that at the end of the day, the resources, funds, royalties and anything that comes actually goes to the communities.
view
-
26 Mar 2019 in Senate:
Madam Temporary Speaker, when we started conceptualising this Bill, we met with the various stakeholders and participants to consider what royalties are and how exactly we calculate them. To avoid making it complicated, we even do not talk about royalties only, but just benefit sharing. Therefore, whatever is coming in, be it money or in kind, the idea is to encourage the community to gain. When we do that, we are encouraging the community on the other hand to take the matter even more seriously and be able to work across the board.
view
-
26 Mar 2019 in Senate:
The second important component is in Clause 8, where the Bill now creates the formula for revenue allocation within the various counties. The allocation is made clear. Now in revenue and benefit sharing, we are talking about a Sovereign Wealth Fund. Many other Bills have gone through without necessarily focusing on the Sovereign Wealth Fund directly. Since natural resources exist for the current generation and the ones to come, it is very critical to have a fund put aside, that is the royalty fund that will take care of the natural resources and also a future fund for other people ...
view