28 Nov 2019 in National Assembly:
Hon. Temporary Deputy Chairman, I beg to move:
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28 Nov 2019 in National Assembly:
THAT, Clause 7 of the Bill be amended in the proposed new subsection (4A) by deleting the word “shall” and substituting therefor the word “may”
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28 Nov 2019 in National Assembly:
The justification for this is the removal of the word “shall” to state “may” in subsection (4A). This allows the Chairman and the Members appointed under paragraphs 4 (e), (f) and (g) to be appointed from various disciplines other than insurance, finance, law and accounting.
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28 Nov 2019 in National Assembly:
(Roysambu, JP) seconded.
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21 Nov 2019 in National Assembly:
Thank you, Hon. Speaker. I ask Question No.501/2019 directed to the Cabinet Secretary (CS) for Lands and Physical Planning: (i) What is the status of ownership of Land Reference No.71/7 which was originally set aside for Kamuthi Farmers’ Co-operative Society Ltd. in Roysambu Constituency for public purposes? (ii) What action is the Ministry taking to cancel the illegal sub-division and fraudulent allocations of land hived off from the said public land? (iii) When will the Ministry issue title deeds to the members of Kamuthi Society and for the public utility?
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19 Nov 2019 in National Assembly:
Thank you, Hon. Temporary Deputy Speaker. May I congratulate the Leader of the Majority Party for expressly explaining to Members the gist and importance of this Bill. I wish to second this Bill by saying that the Competition (Amendment) Bill, 2019 proposes to amend various sections of the Competition Act No.12 of 2010, that is, sections 18, 24, 29, 31 and 70A of the Act. In particular, the proposals for amendment are in respect to: (1) The inclusion of abuse of buyer power as an area of inquiry under Section 18 of the Act which provides for market inquiries; (2) ...
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19 Nov 2019 in National Assembly:
Most of them have gone under because of delayed payments. Imagine of a situation where the suppliers of Tuskys, Naivas, and Nakumatt, Quickmatt and sugar companies like Mumias deliver their products to the supermarkets. Even after the supermarkets have completely sold out their products, and they can physically see and check on the shelves that the products they supplied have been sold out, they are still told to go for payments after three or four months. That is unfair. This Bill provides for ways and means of protecting suppliers so that we will have in place programmes where the supermarkets ...
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19 Nov 2019 in National Assembly:
You also know that in the recent past, several supermarkets have gone under. They include Uchumi and Nakumatt. Mumias Sugar Company has also gone under. All of them have gone under with not less than Kshs40 billion owed to Kenyan suppliers. When Kenyans are crying that there is no money in mashinani, one of the contributing factors to that is the fact that, companies have gone under without paying the suppliers. There are many companies I can mention that wound up without paying suppliers. Some of them are Uplands Bacon Factory, Chase Bank, Trade Bank and Imperial Bank. Other organisations ...
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19 Nov 2019 in National Assembly:
In addition to delayed payments, suppliers have faced unilateral termination of their supply contracts by powerful buyers when they demand for payments owed to them for goods supplied. Of course, the suppliers, especially the Small and Medium Enterprises (SMEs) have been exposed to huge debt portfolio due to late payment or non-payment. In some instances, the combination of non-payment and huge debts has led to the termination of the contracts and even closure of the SMEs. Further, the conduct by buyers that has made the operational environment more difficult for suppliers includes the transfer of costs and risks that should ...
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19 Nov 2019 in National Assembly:
According to the available data and statistics, not less than Kshs40 billion is owed by the collapsing banks and supermarkets. Those proposed amendments thus seek to empower the Competition Authority to take action on the basis of its own investigations into abuse of buyer power contract without having to rely entirely on presented claims like has been the case before. The new law will empower the Competition Authority, even on its own Motion, to do investigations. This further buttresses the abuse of buyer power provisions under the Act thereby increasing enforcement in this area in order to tackle the challenges ...
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