Jessica N. Mbalu

All parliamentary appearances

Entries 581 to 590 of 730.

• 9 Jul 2015 in National Assembly: This is a Bill which has been waited for long in this House. Hon. Kajwang’ spoke on behalf of the legal minds by virtue of the fact that he is a Member of the Committee on Justice and Legal Affairs. He articulated his issues very well. Of course, he gave a good soft landing to the lawyers, although he has said they have been denied Kshs50,000 for stamping the articles of association. With the corruption in this county, I am sure that the lawyers will still have opportunity to work and earn a living. It is a very good admission. view
• 9 Jul 2015 in National Assembly: This was a very positive admission to the business people who have been suffering, including Members of Parliament and women of this county; they have been having a lot of problems with Government bureaucracy in the course of trying to access knowledge on issues of memoranda and articles of association. This Bill seeks to address issues of requirement for memoranda and articles of Association in registration of companies. As long as a business person has what he requires, his company will be registered. I must thank the Chairperson of the Committee on Justice and Legal Affairs and his team. This ... view
• 9 Jul 2015 in National Assembly: I am talking on behalf of the lecturers of business units and entrepreneurship, having taught at the university. This is one of the chapters that gave us a lot of sleepless nights. I am happy to be in the 11th Parliament. We will bring some amendments to the Companies Act to favour businesses and entrepreneurs in this country. I concur with the Committee in amending the statute to allow one person to form a company. Business people and entrepreneurs have been having issues whenever they wanted to form companies because of the advantages of a company as compared to a ... view
• 9 Jul 2015 in National Assembly: At least now a single person can form a business. I, Jessica Mbalu, can form a company without using my sons’ names. The trend has been for people to include their sons and other persons in their company names. Under the current law, we could have company names like M/s Millie Odhiambo and Sons Limited or M/s Millie Odhiambo & Company Advocates. We have not even agreed on the shares. This Bill has been waited for, for a long time. It is a Bill which will bring a lot of positive change to business in this country, for example, by ... view
• 9 Jul 2015 in National Assembly: This Bill is timely. I must thank the 11th Parliament for making it easier for business people and entrepreneurs to register companies in Kenya. In this Bill, the differences between private limited companies and limited companies as described by the Chairperson of the Committee while moving debate, and further elaborated by the Leader of the Majority Party while seconding, are very clear. The electronic version of the Official Hansard Report is for information purposesonly. A certified version of this Report can be obtained from the Hansard Editor. view
• 9 Jul 2015 in National Assembly: Hon. Temporary Deputy Speaker, clauses 69 to 92 provide for how to convert a registered private company to a public company and vice versa. This one has been very well articulated and I think it is well decided. I also think that the beneficiaries are the business people of this country. With regard to the reduction of Kshs5 million to Kshs1 million as share capital this is really going to give a lot of positive advantage to the business people of this country. The Companies Bill, 2015 will be an Act of Parliament to consolidate and reform the law relating ... view
• 9 Jul 2015 in National Assembly: is really a Bill that has taken too long, but since they say God’s time is the best time, this is the best time for this Bill to be here. I am sure players are going to take advantage of it. It has enhanced the shareholders engagement. Better regulations will be prepared under this Bill in terms of registration, management and everything. It is easier now to set up a business. It will be easier for Wanjiku, Mutua, people of Kambu, Kibwezi, Machinery, Mtito- Andei, Ngwata and Masongaleni in Kibwezi East. It is Christmas for them. After we pass the ... view
• 9 Jul 2015 in National Assembly: Thank you, Hon. Temporary Deputy Chairman. I stand to support. I support the Office of the Secretary and Deputy. I want to make peace with the Leader of the Majority Party today if we pass this amendment, and if this is going to show support to the President in the fight against corruption. I must also appreciate the unity we have with the people of north eastern. They fought when we were removing Mr. Matemu. We want to be supported. This is going to give us time to relook at the secretariat. view
• 9 Jul 2015 in National Assembly: The Secretary and the Deputy Secretary’s Office should be vacant upon commencement of this Act. I can be a very good friend to the Leader of the Majority Party and the Chairperson of the Departmental Committee on Justice and Legal Affairs. view
• 9 Jul 2015 in National Assembly: Thank you. view