18 Sep 2019 in National Assembly:
With those remarks, I support the Finance Bill as presented save for the substantive amendments which are being introduced and which may actually not fall within the ambit of a Finance Bill. I support to that extent. 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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11 Sep 2019 in National Assembly:
Thank you, Hon. Temporary Deputy Speaker. I rise to add my voice to the proposed amendment to the Public Finance Management Act. I support what has been brought to this House as a way of going around the impasse that we have just come out of between this House and the Senate. It is vitally important that the Division of Revenue Act is all the time actuated, acted on and the counties are given the share of revenue that should rightfully go to them. We had a stand-off between the two Houses when it came to the division and allocation ...
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11 Sep 2019 in National Assembly:
However, this Bill now comes in to ensure that counties do not suffer hardships as revenue is divided between the national Government and the counties. The National Assembly has been accused of stifling devolution, being against the counties and trying to ensure that they do not get sufficient revenue. Nothing could be farther from the truth than actually stating that this House does not support the counties and devolution per se. Therefore, this House did a scientific calculation of monies that have to be shared between the national Government and the counties. This is what is contained in the Division ...
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11 Sep 2019 in National Assembly:
With those remarks, I beg to support the Bill.
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11 Sep 2019 in National Assembly:
Thank you, Hon. Temporary Deputy Speaker. I rise to support the Motion for annulment of these Regulations. As has been ably presented by the Chairperson of the Committee on Delegated Legislation, in which I also sit. It is very clear that we have cogent grounds upon which these Regulations and gazette notices should be revoked.
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11 Sep 2019 in National Assembly:
It may appear very well intentioned that Biashara Fund is there to consolidated all the other Funds and come up with one stop shop where every desiring person walks in and gets money in form of a loan repayable on terms and conditions. But this is totally different from what we have in the three Funds, namely the Youth Enterprise Fund, the Uwezo Fund and the Women Enterprise Fund. I start by commending the Women Enterprise Fund which seems to be doing exceptionally well compared to the Youth Enterprise Fund and the Uwezo Fund.
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11 Sep 2019 in National Assembly:
We know very well the different circumstances under which these Funds were created. While the Youth Enterprise Fund and the Women Enterprise Fund were affirmative action, the Uwezo Fund was introduced under political circumstances. I will not go into this, but it remains a fact. However, it is also important that when regulation making authorities including Government departments make regulations, they must comply with the law. We have a problem here because these regulations breached not only the Constitution, but also two statutes, namely the Statutory Instruments Act and most importantly, the parent Act which is the Public Finance Management ...
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11 Sep 2019 in National Assembly:
estimation of the Committee, this did not seem to serve the purpose for which the three Funds were established. For example, if Biashara Fund is to be established, money is to be appropriated by the Government to a commercial bank which would lend the money to other lending institutions which would in turn lend the money to the citizens or those who are affected or the consumers of those regulations. Unfortunately, lending of money is always encumbered with collateral or security. This is where the first problem lies. It may totally be different and difficult for citizens to have collateral ...
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7 Aug 2019 in National Assembly:
Thank you, Hon. Temporary Deputy Speaker, for giving me this opportunity...
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7 Aug 2019 in National Assembly:
Thank you, Hon. Temporary Deputy Speaker, for giving me this opportunity...
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