James Gichuki Mugambi

All parliamentary appearances

Entries 41 to 50 of 73.

• 25 Jun 2020 in National Assembly: (Othaya, JP) seconded. view
• 4 Jun 2020 in National Assembly: Thank you, Hon. Speaker. As you are aware, we have done this Budget under very abnormal circumstances. For the first time, we have had this pandemic which has caused healthcare and economic crisis. Hon. Speaker, this is a budget of its own kind. Therefore, there has been a requirement to do a lot of balancing in so many sectors. It is a very strong point when the Leader of the Majority Party says that Members ought to look at the Budget and internalise it before they contribute. There are many things we have learnt during this moment that have informed ... view
• 4 Jun 2020 in National Assembly: Hon. Speaker, I support what the Leader of the Majority Party has alluded to and appeal to our Members to take copies of our Budget and spend time reading them so that we can make informed debates next week. I support. view
• 19 Sep 2019 in National Assembly: Thank you very much, Hon. Temporary Deputy Speaker. I was almost getting worried that your eyes were not seeing this far. view
• 19 Sep 2019 in National Assembly: Thank you, Hon. Temporary Deputy Speaker. I also want to join the rest of my colleagues in thanking the Committee on Finance and National Planning for a job well done, especially in considering the contentious issues and addressing them beforehand, in particular, the increase in the Capital Gains Tax, which it has retained at 5 per cent. This should be the spirit of committee workings. One issue that they should have considered is the issue of the Presumptive Tax. Presumptive Tax is a very discriminative tax because we all know that taxes are paid on profit. When you presume that ... view
• 19 Sep 2019 in National Assembly: banks when it comes to lending. We are reckless in our spending until we create such a huge deficit that everyday banks have a ready market for their funds because the Government has an insatiable appetite for borrowing. I believe if the Government reins in on its budget deficits, banks will lend to SMEs at a lower rate. We already know SMEs have other avenues of borrowing. They have the co-operative movement where they save and borrow at 12 per cent reducing balance. We already have the Government support through the Uwezo Fund, the Youth Enterprise Fund (YEF) and the ... view
• 19 Sep 2019 in National Assembly: Hon. Temporary Deputy Speaker, if we support SMEs through a proper fiscal framework, they do not need cheaper money from the banks than what they are getting today. We also need to think, as a House, and I am sure some of us will come with that framework, that today banks have seen a loophole. They are lending through digital platforms at rates that are unimaginable. Today, Fuliza has lent about Kshs80 billion to Kenyans at exorbitant rates of 5 per cent per month which works at 60 per cent per annum. Today, they do not want to be controlled. ... view
• 19 Sep 2019 in National Assembly: Hon. Temporary Deputy Speaker, I beg to support. I thank the Committee for a job well done. view
• 18 Sep 2019 in National Assembly: Hon. Temporary Deputy Speaker, I wanted to speak on the Banking (Amendment) Bill, and not this one. view
• 2 Apr 2019 in National Assembly: Hon. Temporary Deputy Speaker, I am consulting on a matter here with my colleague. Let me finish first. view