8 Oct 2019 in National Assembly:
(b) A Sacco society shall, in the ordinary course of business exchange information on performing and non-performing loans as may be specified by the Authority and to such extent as may be prescribed through regulations made under the Act. The justification is to make provision that requires Sacco societies to share information on performing and non-performing loans amongst themselves. We have had in the past people who borrow money with an intention of not paying back. They move to one Sacco, bring it down and go to another Sacco and also bring it down. With the inclusion of this, we ...
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8 Oct 2019 in National Assembly:
Thank you, Hon. Temporary Deputy Speaker. I rise to support the Bill. I want to apprise the Members that what we have passed today is fundamentally important to streamline the sacco sector. As you have seen Kenya is a sacco society because we have so many saccos. Some which are doing very well while others are not. But with the enactment of this law we will streamline those which are not doing very well. I want to thank the Members. I second.
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8 Oct 2019 in National Assembly:
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1 Oct 2019 in National Assembly:
Thank you, Hon. Speaker. I want to confirm to the House that this matter is alive with us. In fact, today we met the multi-agency team. Over the weekend, we will be going to Mombasa to ascertain what they said. They tabled a Report on all the seized 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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1 Oct 2019 in National Assembly:
sugar location. We will go there to verify physically whether that sugar is there or not. So, the matter is very much alive with us. I will brief my good friend Simba Arati on the status and, if possible, he can also accompany us.
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2 Jul 2019 in National Assembly:
Thank you, Hon. Temporary Deputy Chairlady. Clause 2 is also in the Order Paper but may be you will come back to it. However, I beg to move:
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2 Jul 2019 in National Assembly:
THAT, Clause 3 of the Bill be amended in paragraph (b) by inserting the words “in Kenya” immediately after the words “assessment bodies”.
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2 Jul 2019 in National Assembly:
The justification is to provide recognition of the Service as the sole national body responsible for accreditation and to make provisions for mutual recognition and upholding of cross- frontier accreditation principles.
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2 Jul 2019 in National Assembly:
I thank you.
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2 Jul 2019 in National Assembly:
As you have noted, the Bill is a bit technical. I am happy that we still have a number of Members who would like to make some minor contributions on the same.
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