Amina Abdalla

All parliamentary appearances

Entries 1261 to 1270 of 2343.

• 16 Jul 2014 in National Assembly: In addition to revenue sharing between counties, the national Government and communities, we will be demanding a community development plan from the investors for purposes of ensuring that we are able to get the best for our communities. view
• 16 Jul 2014 in National Assembly: In addition to revenue sharing between counties, the national Government and communities, we will be demanding a community development plan from the investors for purposes of ensuring that we are able to get the best for our communities. view
• 16 Jul 2014 in National Assembly: Hon. Speaker, the other issue that I want to highlight was on the fact of local equity participation in those companies. On some of our neighbouring and other African counties where local community participation is meant to have directors who are indigenous in those companies, we feel that, that is not sufficient. We agree to some extent with the proposal by the Mover regarding the fact that local equity participation should be open to more Kenyans. It was essential that after four years of operation, every large investor should be in the stock exchange. However, the experience we got by ... view
• 16 Jul 2014 in National Assembly: Hon. Speaker, the other issue that I want to highlight was on the fact of local equity participation in those companies. On some of our neighbouring and other African counties where local community participation is meant to have directors who are indigenous in those companies, we feel that, that is not sufficient. We agree to some extent with the proposal by the Mover regarding the fact that local equity participation should be open to more Kenyans. It was essential that after four years of operation, every large investor should be in the stock exchange. However, the experience we got by ... view
• 16 Jul 2014 in National Assembly: In that regard, this Bill gives our country 10 per cent free carrier meaning that in every investment in the sector, the Government of Kenya or the Republic of Kenya will own 10 per cent automatically. 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
• 16 Jul 2014 in National Assembly: In that regard, this Bill gives our country 10 per cent free carrier meaning that in every investment in the sector, the Government of Kenya or the Republic of Kenya will own 10 per cent automatically. 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
• 16 Jul 2014 in National Assembly: Hon. Speaker, in recognizing that some of these investments are very strategic, we have opened a window to the effect that, if our Government chooses to invest in the mining sector beyond the 10 per cent, it will be able to do so. However, because we want to ensure that the environment is fair to investors, they will be doing so at an arm-length approach so that they pay market value for whatever they want after the 10 per cent. We hope that we will be able to convince Members so that we are able to get to that point. view
• 16 Jul 2014 in National Assembly: Hon. Speaker, in recognizing that some of these investments are very strategic, we have opened a window to the effect that, if our Government chooses to invest in the mining sector beyond the 10 per cent, it will be able to do so. However, because we want to ensure that the environment is fair to investors, they will be doing so at an arm-length approach so that they pay market value for whatever they want after the 10 per cent. We hope that we will be able to convince Members so that we are able to get to that point. view
• 16 Jul 2014 in National Assembly: We have been able to deal with something that was not in the Bill. We hope that Members will allow us to state categorically that no investor will be allowed to start any activity if they have not compensated the owners, be it private land, public land or community land, so that we do not have many cases that require arbitration between an investor and land owners. view
• 16 Jul 2014 in National Assembly: We have been able to deal with something that was not in the Bill. We hope that Members will allow us to state categorically that no investor will be allowed to start any activity if they have not compensated the owners, be it private land, public land or community land, so that we do not have many cases that require arbitration between an investor and land owners. view