Gladys Wanga

All parliamentary appearances

Entries 231 to 240 of 1718.

• 22 Sep 2021 in National Assembly: Hon. Temporary Deputy Speaker, with those many remarks, I thank Members of the Departmental Committee on Finance and National Planning for their dedication to this process. I also thank the Leader of the Majority Party and Members of the House for their support. I also thank the Clerk of the National Assembly and the Speaker. view
• 22 Sep 2021 in National Assembly: With those many remarks, I beg to second. view
• 11 Aug 2021 in National Assembly: Thank you, Hon. Temporary Deputy Speaker. I would like to make my submissions on the Constitution of Kenya (Amendment) Bill that has been brought forward by Hon. Florence Mutua. I would like to express my support. view
• 11 Aug 2021 in National Assembly: Nominations are a very thorny issue within political parties; the timing of nomination is even thornier. When we changed to the 2010 Constitution, the timing for nominations was changed because the system of nomination earlier was seen to have been abused to reward cronies and cronyism. So, it was changed so that nominations are done way before elections are held. So the names of Members to be nominated to the National Assembly and the Senate are given way earlier. After 2010, this system of nomination way before election has been tested and what has come about is that very sharp ... view
• 11 Aug 2021 in National Assembly: I support this amendment Bill. Let us tighten the systems for nomination but go back to a situation where after election we see those who have tried, weigh them and see who has as the Building Bridges Initiative (BBI) was proposing that when you make the effort and the Independent Electoral and Boundaries Commission itself weighs you as to how many votes you are able to get when you contested, then from there you are taken on nomination not for cronyism and not for tokenism but for the effort that you have made in order to get yourself somewhere. view
• 11 Aug 2021 in National Assembly: I thank Hon. Florence Mutua for working through this Constitution (Amendment) Bill and for bringing it. I give it my unreserved support. Thank you, Hon. Temporary Deputy Speaker. view
• 11 Aug 2021 in National Assembly: Thank you, Hon. Temporary Deputy Speaker, for giving me this opportunity. I beg to move that the Central Bank of Kenya (Amendment) Bill (National Assembly Bill No. 10 of 2021) be now read a Second Time. It is important to give a brief background on the genesis of this Bill. As you may recall, this Bill was initially sponsored by the late Hon. John Oroo Oyioka. It was then the Central Bank of Kenya (Amendment) Bill (National Assembly Bill No.21 of 2020). At the time of the demise of the late John Oroo Oyioka, and may the Lord rest his ... view
• 11 Aug 2021 in National Assembly: from a newer one to pay the older one. Therefore, there is a crisis of over indebtedness that has emerged, especially among our younger population. It is because of the availability of this credit. Over and above that, there also has been public concern around the issue of the pricing of these products. The issue of pricing is also a key issue. As we were conducting public participation, it emerged that some of these lenders charge interests as high as 150 per cent. Therefore, when people are not able to cope with the interest rate, you just take your line, ... view
• 11 Aug 2021 in National Assembly: sure we regulate the sector, but at the same time we do not kill innovation. We should not strangle sectors that are new through regulation. If you make the process too tedious and too tight, you can strangle innovation and kill a sector that is growing. Clause 4 provides for powers of the Central Bank to make regulations among other issues such as licensing of digital credit providers. Clause 7 of the Bill provides for transition. It is important for the digital lenders to know how much time they have between the time of passing this law and the time ... view
• 11 Aug 2021 in National Assembly: requirements or why there would be minimum liquidity requirements for digital lenders as is the case for deposit-taking financial institutions such as banks. Therefore, you must have liquidity requirements so that the bank does not collapse with the money of their clients. The committee took note of some of these concerns by the stakeholders and when we move to Committee of the Whole House, we will be making suggestions as to how we can strike a balance between regulation and keeping innovation up. But the committee together with the data protection agencies were very concerned about measures to be taken ... view