21 Feb 2017 in National Assembly:
Thank you, Hon. Speaker. I would like to seek your guidance under Article 110 (1)(a) of the Constitution, which says: “In this Constitution, “a Bill concerning county government” means a Bill containing provisions affecting the functions and powers of the county governments as set out in the Fourth Schedule.”
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21 Feb 2017 in National Assembly:
Article 110 (3) of the Constitution says: “Before either House considers a Bill, the Speakers of the National Assembly and Senate shall jointly resolve any question as to whether it is a Bill concerning counties and, if it is, whether it is a special or an ordinary Bill.”
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21 Feb 2017 in National Assembly:
The Fourth Schedule of the Constitution says in part: “7. Trade development and regulation, including – (e) cooperative societies.”
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21 Feb 2017 in National Assembly:
Hon. Speaker, in the definition of this Bill on the amendment of regulation of SACCO Societies---
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21 Feb 2017 in National Assembly:
I thank you, Hon. Speaker.
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21 Feb 2017 in National Assembly:
Thank you, Hon. Speaker. I rise to support this Bill but, I would like to say that Clause 27(a) and (b) have issues. The rest of the Bill is okay. It is very good for the SACCOs in the country. We need to share credit. The SACCOs are now huge businesses. In fact, some SACCOs like Harambee SACCO are bigger than many banks in Kenya. Therefore, they need prudence in financial management. However, when we were consulting with stakeholders and the public, the SACCO movement had a big issue with Clause 27(a) and (b). They communicated to the Committee and ...
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21 Feb 2017 in National Assembly:
the name of our own SACCO and call it a deposit-taking SACCO. Each one of us deposits and saves money there. We can take credit and borrow from our own SACCO. The SACCO movement is so streamlined and the law is so good that what was left is the rest of the amendments which are very good. When you insist on Clause 27 (a) and (b), you will not be assisting the movement at all. You will just be over-legislating and over-burdening Kenyans. Even in the definition of “SACCO,” Section 4 of the Act clearly says that it is a ...
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21 Feb 2017 in National Assembly:
over-legislation. It is creating confusion and we need to work it out and look at the rest of the world. As I conclude, now that the interest rates have been capped and SACCOs have helped many Kenyans - they have the biggest deposits or savings in the country. It really helps the economy to work well. Most SACCOs work with the Co-operative Bank where they have shares. In fact, SACCOs, because of their mode of business, have made the Co-operative Bank very attractive. Most of us here bank with the Co-operative Bank, which is near us. It is built by ...
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15 Feb 2017 in National Assembly:
Thank you, Hon. Deputy Speaker for giving me an opportunity to support this very important Bill. I am a Member of the Departmental Committee on Agriculture, Livestock and Cooperatives. This Bill has been a subject in that Committee even at this time when we are making the Supplementary and the main Budget. Kenya has many ASAL areas where livestock rearing is done. We do not have stocks when we compare ourselves with Botswana whose systems were actually developed by Kenyan experts. In Botswana, they even know the number of livestock they have. Right now, they have six million cows. In ...
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15 Feb 2017 in National Assembly:
The moment we have a board which can take care of all these, because the biggest problem of animals is disease control, we will solve the problem.
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