Dr. Bonny Khalwale

All parliamentary appearances

Entries 9561 to 9570 of 9741.

• 12 Jun 2008 in National Assembly: On a point of order, Mr. Speaker, Sir. view
• 12 Jun 2008 in National Assembly: Mr. Speaker, Sir, the Minister has just concluded the Report on how the country performed economically arising from the Budget that he read to this House in the Ninth Parliament. I recall that when he read that Budget, the Ninth Parliament was so uncomfortable that they forced the Government to bring the Budget Bill. This Bill was dealt with up to the Second Reading only that it did not come out of the House Business Committee (HBC) for the Third Reading. In that reading, he has also talked about the performance of the economy which is covered in the Economic ... view
• 12 Jun 2008 in National Assembly: Mr. Speaker, Sir, my point of order is this: According to international standards of Parliamentary practice, Economic Surveys are normally tabled one month in advance so that by the time the Minister reads the Budget, hon. Members are not in the dark. Could the Chair rule on what we are going to do in respect of the issue of the Budget Office? This is because we are in the dark. Money keeps on being skewed in the allocation. Regions that have serious disparities are not benefiting from the Budget. view
• 11 Jun 2008 in National Assembly: Thank you, Mr. Speaker, Sir. I would like to thank you for allowing this Motion. I also congratulate the Vice-President, Minister for Home Affairs and Leader of Government Business for thinking that there is need for us to have this adjournment. I support the Motion and also send my condolences. Mr. Speaker, Sir, when I think about hon. Kipkalya Kones, he comes from a special pool of politicians in this country. Allow me at this moment to also pay tribute to those particular politicians, because they are men and women of actions and not just words. Mr. Kones was a ... view
• 10 Jun 2008 in National Assembly: On a point of order, Mr. Deputy Speaker, Sir. The issue that is about to be responded to by the hon. Assistant Minister is very important. It is so important that the Public Accounts Committee (PAC) has ordered for a special investigation into the Initial Public Offer (IPO) of Safaricom Limited and Telkom. Mr. Deputy Speaker, Sir, I am seeking the indulgence of the Chair - and I have discussed with the Assistant Minister - that we defer this Ministerial Statement until that special audit is concluded. That is because it is raising very important issues; including the fact that, ... view
• 10 Jun 2008 in National Assembly: Thank you, Mr. Deputy Speaker, Sir. view
• 10 Jun 2008 in National Assembly: Mr. Deputy Speaker, Sir, in both the prospectus and what the Assistant Minister is calling the addendum, there was a deliberate effort not to inform the investing public of one risk. That risk was that there was a debt of Kshs68.8 billion that investors were actually buying into. Could the Assistant Minister tell us why they misled the public? The public got into this IPO without having been told that there was this risk. Secondly, Mr. Deputy Speaker, Sir, when the Government wanted to sell Safaricom, it wanted to sell 40 per cent of its shareholding. The refusal by the ... view
• 10 Jun 2008 in National Assembly: Mr. Deputy Speaker, Sir, the Public Investment Committee (PIC) of the Ninth Parliament gave out a Report with clear recommendation that this Safaricom IPO should not go ahead. However, because the Assistant Minister wants to be told whether any action was taken to discourage this IPO from going ahead, he should be informed that he has in his office--- His boss is still the same one who was there at that time and he had this information. He should have respected the recommendation by the PIC. A few days before this sale was concluded, a company called Alkazar Capital was ... view
• 10 Jun 2008 in National Assembly: On a point of order, Mr. Deputy Speaker, Sir. The hon. Assistant Minister has admitted that he does not have enough information. This issue is so important and so urgent that only yesterday when Safaricom floated its shares on the NSE, within a period of less than 24 hours, the shares have now dropped. I have just listened to the reports from the NSE and it is now Kshs7.15. Yesterday it was Kshs7.35. This matter is so urgent that the audit that the Public Accounts Committee (PAC) has now ordered for should be given an opportunity with full co- operation ... view
• 10 Jun 2008 in National Assembly: Mr. Deputy Speaker, Sir, would I be in order to--- view