7 Nov 2018 in National Assembly:
Thank you, Hon. Temporary Deputy Chairman. At this juncture, we are debating what Hon. Duale has said. Whatever Hon. Kioni has said is part of the debate. The way you amend a Motion is different from the way you amend a Bill. You can amend a Motion on the Floor as you move on, but you cannot do that with a Bill. You must circulate the amendments to a Bill. In this context, his comments were good, but he has been overtaken. It does not harm because the critical thing here is a degree. You do not just get a ...
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7 Nov 2018 in National Assembly:
( Off-record).
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7 Nov 2018 in National Assembly:
Thank you, Hon. Temporary Deputy Chairman. I beg the active Hon. Members to listen to me. This is a very serious amendment. It can even lead to death. It is only KEMSA that we have confidence in. I have worked in the pharmaceutical industry before, with multinational corporate organisations. Some of the private commercial entities go to an extent of repackaging the drugs and even change the expiry dates. This evidence has been there. You went to KEMSA and saw a drug with short expiry duration. That is genuine. When you go to private companies, you will find they have ...
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7 Nov 2018 in National Assembly:
They are the ones who are pushing for this amendment. We oppose this. We should only rely on KEMSA or the Mission for Essential Drugs and Supplies (MEDS) which is owned by the church. So, we either say the Authority or we go to MEDS. If you open up and allow private firms to come in and you talk of significant price difference, they will go and collude. This country has parallel imports that come into this country. We want to compromise the life of
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7 Nov 2018 in National Assembly:
We better remain with KEMSA and if not, we go to MEDS which is a faith-based institution. Otherwise, you are playing with the lives of Kenyans. I oppose, oppose and oppose. I thank you.
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7 Nov 2018 in National Assembly:
Thank you, Hon. Temporary Deputy Speaker. Indeed, this is a very important Bill that is long overdue. I listened carefully when it was being moved and seconded. Indeed, it is true that matatu SACCOs have nothing to do with this Bill. Those ones are being regulated by the Ministry of Industry, Trade and Cooperatives. This Bill is focusing on the SACCOs doing the front office activities, whereby they are focusing on the quasi-banking aspect. I am happy to note that the issue of the Banking Act has been brought in. When you look at the Micro-Finance Act where we have ...
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7 Nov 2018 in National Assembly:
Cooperatives play a very critical role in the economic development of this country. As the Chair of the Departmental Committee on Trade, Industry and Cooperatives has clearly put it, the SACCO industry right now has an asset base of more than Kshs1 trillion. The SACCOs are way bigger than some banks. Surprisingly, directorship of those SACCOs is based on how much you have saved. In terms of academic qualification, some directors do not even understand or interpret a basic financial statement. I am happy to note that one of the amendments is going to put some qualification of the directors. ...
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7 Nov 2018 in National Assembly:
framework is implemented. It is long overdue. I know it overstayed in the other House, the lower House. We are requesting the Senators to speed up when this Bill finds its way there. I do not know whether it will go back. We do not want to go into mediation. We are humbly requesting them to look at this Bill objectively. We are not debating for purposes of competing on which House is higher than the other. We are debating and legislating for public good of this country. Having said that, I also want to briefly mention something crucial the ...
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7 Nov 2018 in National Assembly:
With all due respect Hon. Chairman, you know I lead as I follow on matters legislation. He knows that. When you look at the history of SACCOs in this country, they started from the agricultural sector. That is how they started. So, I am properly in order when I try to link SACCOs to maize. There is so much relevance. The electronic version of the Official Hansard Report is for information purposes only. Acertified version of this Report can be obtained from the Hansard Editor.
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7 Nov 2018 in National Assembly:
It is a good Bill. We should support it. We must strengthen the regulations. I was just getting disappointed because we also take the proceeds of maize that we get to the SACCOs, for deposit-taking. That is why I am saying the Government’s price of Kshs2,300 is a pity. They are not concerned about the welfare of the common mwananchi . They should increase the price to Kshs3,500. That is because the proceeds go to the deposit-taking SACCOS. I am trying to bring the linkage so that you see the relevance. Thank you, Hon. Temporary Deputy Speaker. I support.
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