Francis Kigo Njenga

All parliamentary appearances

Entries 161 to 170 of 261.

• 19 Feb 2014 in National Assembly: Hon. Deputy Speaker, much as I agree with hon. Ng’ongo with regard to the interest rates, I also disagree with him. Unemployment did not come with the Jubilee Government. In fact, the wage bill we are talking about came along when we had the Serikali ya nusu mkate. That is when so many people came to inflate the wage bill. I am very sure that this is one of the promises that the Jubilee Government made, in order to create employment for our people. There is nothing better that could have been done than what is being done now. However, ... view
• 19 Feb 2014 in National Assembly: Government which is there, and I think hon. Ng’ongo will have to wait longer because come 2017, unemployment will have gone down and we might also get it. Hon. Deputy Speaker, I would like to talk about the Uwezo Fund. The Uwezo Fund as I look at it, even though we passed it and is quite good, if you look at Ksh50,000, what project can a youthful group or company do? That is why I am also calling upon the Government to encourage and bring in Savings and Credit Co-operative Societies (SACCOs) to sub-counties; SACCOs which can also be assisted. ... view
• 19 Feb 2014 in National Assembly: Hon. Deputy Speaker, with those remarks, I support the Bill. view
• 12 Feb 2014 in National Assembly: Hon. Speaker, I do support this Procedural Motion though, according to me and the way I see it, it should give the Mover more time to explain whatever he is telling the country and the House. When we give the Chairpersons such ample time, we also give debate direction. I believe that Members should also realize that we are many and if you exhaust whatever you are telling the House, the country and the world, then you give chances to others. All the same, I do support this Procedural Motion. view
• 5 Dec 2013 in National Assembly: Hon. Speaker I had also sought a Statement from the Chairperson of the Departmental Committee on Education, Research and Technology concerning the retired teachers from 1987 and before. The court awarded them some Kshs3 billion or Kshs4 billion. This was not done and I have not received any response despite the undertaking by the Chairperson to do so. On another issue concerning Rea Vipingo and minority interests that lost a lot of money through the delisting from the Nairobi Stock Exchange and lack of response and guidance by the relevant authority. Two weeks were given. If this is not addressed ... view
• 21 Nov 2013 in National Assembly: Thank you hon. Speaker, Sir. Pursuant to Standing Order No. 42(2)(c) I wish to request a Statement from the Chairperson of the Departmental Committee on Finance, Planning and Trade, regarding the proposed delisting of M/s Rea Vipingo Plantation from the Nairobi Stock Exchange (NSE). Hon. Speaker, several companies have been delisted from the NSE in the recent past. For instance, the takeover bid and un-listing of Unilever Tea two years ago and un- listing of Access Kenya a month ago. Unfortunately, the Capital Markets Authority (CMA) whose mandate is to foster capital market growth and deepening, has watched from the ... view
• 21 Nov 2013 in National Assembly: uncalled for delisting after take over. It is emerging that some of the delisting are suspect. Assets are grossly under-quoted in their financial statement. Hon. Speaker, the East African Cables has changed ownership twice. Recently, it reorganized its control and principal shareholding, without having to result to de-listing. In the Statement, the Chairperson should inquire into and report on:- view
• 21 Nov 2013 in National Assembly: (i) measures the CMA has put in place to safeguard minority shareholders from losses occasioned by delisting; and view
• 21 Nov 2013 in National Assembly: . (ii) whether the impending delisting of M/s Rea Vipingo is motivated by the firms’ underlying assets, and in so doing action being taken to stop such fraudulent delisting. view
• 21 Nov 2013 in National Assembly: Thank you. view