18 Aug 2016 in National Assembly:
When you establish a fund for the youth, we should not do it with a single intention of keeping the youth busy and keeping them away from interfering with the ruling class or the
view
18 Aug 2016 in National Assembly:
. Those programmes must be well thought-out. The first and core principle that should lead to the formation of such funds will be on the empowerment of the youth. We need to have a well-defined way of advancing those funds so that we can promote good ideas in the youth. That way, we can have good business start-ups that graduate from micro to small and from small to medium. It is only after doing that, that those funds will have any meaning. Otherwise, if we establish funds and give people money which we do not monitor, and the money is ...
view
18 Aug 2016 in National Assembly:
So, I would like to encourage the Government to ensure that, that is done for parastatals as well. We cannot keep on funding parastatals day in, day out. The Government may fund them 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
18 Aug 2016 in National Assembly:
for the first three to four years. From studies which have been done, it is clear that the turn- around or the break-even period for a start-up business is between 36 and 48 months. So, parastatals should not be funded longer than that. They should get money through the spirit of entrepreneurship from within to generate their own income and capital, and move to sustainability. The idea of sinking money into parastatals is like sinking money into bottomless pits and it is not going to help us to achieve sustainable development goals.
view
18 Aug 2016 in National Assembly:
I would like to conclude by quoting Mahatma Gandhi who said: “There is enough for everybody’s needs, but there is not enough for everybody’s greed.” We have a problem in this country where, either as prominent or rich, we are still operating at the basic level of needs. We are not going to the higher level needs. We are always looking for money after money and money after money. How does it make me different to get Kshs1 billion more if I have Kshs50 billion in my account? Let us aspire to help institutions grow so that we can help ...
view
16 Aug 2016 in National Assembly:
Hon. Speaker, I had contributed to this Bill.
view
16 Aug 2016 in National Assembly:
Thank you, Hon. Temporary Deputy Speaker. I am happy to finally get an opportunity to make my contributions on the PAC Report. From the outset, I want to congratulate the Chair of the Committee who has done an excellent job and made a good presentation. By extension, I thank the Committee for the good work.
view
16 Aug 2016 in National Assembly:
To start with, I would like to say that the work of PAC and PIC in this House is critical in ensuring that this country moves forward to eliminate corruption in all systems. It is for this reason that we are lagging behind as Parliament because today we are discussing Volume 1 of PAC Report of the 2013/2014 Financial Year. The year we were sworn in and today, we are in our final stretch - the fifth year of our service as Members of this House. The electronic version of the Official Hansard Report is for information purposesonly. A certified ...
view
16 Aug 2016 in National Assembly:
The single most important purpose for auditing is to ensure that there is value for money in whatever investments our Government makes. It is one thing to audit, and confirm that money has been spent properly and another to audit the real implementation of projects on the ground. For us to establish the value for money, the final auditing must be augmented by fiscal audit of the intended purpose of the finances. This Government has adopted a project-based budgeting process and accounting .If you are having a project-based budgeting process or initiative, then you also need to have a project- ...
view
16 Aug 2016 in National Assembly:
As I conclude, Parliament should not be allowed to debate and legislate in vain. Once we produce a Report such as this, we need to have timelines on when we expect the recommendations to be implemented. If there are some recommendations for some people to be held accountable, let us be told when that will happen. Let us have other agencies who are supposed to implement recommendations held responsible for lack of implementation. It is for this reason - and I am very happy to hear from the Chair - that there is a collaborative effort between PAC, PIC and ...
view