11 May 2017 in National Assembly:
Thank you, Hon. Temporary Deputy Speaker for this opportunity. I want to take this opportunity to contribute to this Bill which the President signed sometime in 2014. I think there has been a delay. This Bill should have come earlier because there has been a delay. Nairobi is one of the best cities in the region and, therefore, establishing Nairobi International Financial Centre here is a bit late. We should have done this much earlier. I am saying this because I had the benefit of working for a multinational company about 10 years ago. I was the Export Sales and ...
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11 May 2017 in National Assembly:
Sometimes back, the late Mwalimu Julius Nyerere of Tanzania used to ask: “Why go to UK, when you can go to Nairobi? Nairobi is as good as the UK”. He used to talk about this about 15 or more years ago. Therefore, we are late and we should move very fast to actualise this. I suggest that the Leader of the Majority Party fast tracks this so that by the time this Session of the 11th Parliament ends, we should have passed this Bill. Looking at the composition of the members of the Steering Council behind this Bill, because of ...
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11 May 2017 in National Assembly:
Sometimes back, the late Mwalimu Julius Nyerere of Tanzania used to ask: “Why go to UK, when you can go to Nairobi? Nairobi is as good as the UK”. He used to talk about this about 15 or more years ago. Therefore, we are late and we should move very fast to actualise this. I suggest that the Leader of the Majority Party fast tracks this so that by the time this Session of the 11th Parliament ends, we should have passed this Bill. Looking at the composition of the members of the Steering Council behind this Bill, because of ...
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11 May 2017 in National Assembly:
The advantage of this Centre is that we have a lot of labour both professionals and middle class. Those opportunities will come with benefits. I can see congestion increasing in Nairobi. The traffic which is a nightmare to us will be sorted out. That means infrastructure and security will be improved.
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11 May 2017 in National Assembly:
The advantage of this Centre is that we have a lot of labour both professionals and middle class. Those opportunities will come with benefits. I can see congestion increasing in Nairobi. The traffic which is a nightmare to us will be sorted out. That means infrastructure and security will be improved.
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11 May 2017 in National Assembly:
Last but not least, I want to say that given the importance of this, I hope that we will fast track this so that we can pass this Bill as fast as possible. My worry is corruption. We hope this will not be our undoing in this noble idea of setting Nairobi as a financial centre. Corruption is one of the biggest problems in this country but I believe that you and I should be in the forefront to fight the vice so that we can get respect and confidence from the international community because of this setup in our ...
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11 May 2017 in National Assembly:
Last but not least, I want to say that given the importance of this, I hope that we will fast track this so that we can pass this Bill as fast as possible. My worry is corruption. We hope this will not be our undoing in this noble idea of setting Nairobi as a financial centre. Corruption is one of the biggest problems in this country but I believe that you and I should be in the forefront to fight the vice so that we can get respect and confidence from the international community because of this setup in our ...
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11 May 2017 in National Assembly:
establishment of this will improve our Gross Domestic Product (GDP). My biggest problem, which I believe is also your problem as a Kenyan is corruption. I hope we will be able to tackle this vice. As it is, Kenya is well placed geographically. Everybody else feels that this is where we are supposed to be. As somebody mentioned, we are the third biggest economy in Africa and with this, we shall surpass South Africa and Nigeria. This will make us top in the region. Our national carrier, Kenya Airways, will do more business hence create more employment for our people. ...
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11 May 2017 in National Assembly:
establishment of this will improve our Gross Domestic Product (GDP). My biggest problem, which I believe is also your problem as a Kenyan is corruption. I hope we will be able to tackle this vice. As it is, Kenya is well placed geographically. Everybody else feels that this is where we are supposed to be. As somebody mentioned, we are the third biggest economy in Africa and with this, we shall surpass South Africa and Nigeria. This will make us top in the region. Our national carrier, Kenya Airways, will do more business hence create more employment for our people. ...
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10 May 2017 in National Assembly:
Thank you very much. I was greeting my friend, Hon. Eng. Gumbo and wish him well to what just happened. Hon. Speaker, I want to support this amendment. First, Section 31 of this proposal is quite explicit and I think if this is implemented, that thing will be good. The fact that the licensing board, at least, will not license any insurance company unless it is satisfied that the capital and the assets are adequate is one thing that is good in this amendment. It will deter cases where if such insurance companies happen to insure some clients, there will ...
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