John Mbadi Ng'ong'o

All parliamentary appearances

Entries 3301 to 3310 of 7480.

• 18 Aug 2015 in National Assembly: So, I want to conclude by saying that I have no doubt in my mind that any State entity should be overseen by the National Assembly. That should happen for decency. If the two Houses get engaged in the same exercise and they arrive at two different conclusions, it will cause confusion and unnecessary fights between them. I want to conclude from where I begun; that the people of Kenya need to decide to make the Senate the Upper House. I say this with a heavy heart because I see the Senate engaged in a very useful exercise. However, I ... view
• 18 Aug 2015 in National Assembly: Thank you, Hon. Deputy Speaker, for giving this opportunity to contribute to the Finance Bill of 2015. It should be appreciated that after we have prepared our Estimates of income and expenditure, and we know how much we intend to spend, the need arises for us to explain how that expenditure will be financed. One of the sources of finance is our internally generated revenue, which comprises of ordinary revenue and other revenues that are generated locally through taxation. If you cannot get enough from that, you can go to borrow internally or externally. Hon. Deputy Speaker, looking at the ... view
• 18 Aug 2015 in National Assembly: Hon. Deputy Speaker, I think he wants to tell me that the Bill is already on the Floor of the House. view
• 18 Aug 2015 in National Assembly: Hon. Deputy Speaker, I can easily guess because he was my junior in school. I almost know his thinking. view
• 18 Aug 2015 in National Assembly: If we are going to borrow heavily in the external market, borrowing is going to be high. There is a concern as it has been raised by Central Bank of Kenya about our level of indebtness. Many experts have raised concerns with our borrowing. The World Bank and the International Monetary Fund (IMF), which have been telling us that we have not exhausted our borrowing capacity, have started showing concern. For us to realise economic growth, we need to slow down on borrowing. That is a challenge. view
• 18 Aug 2015 in National Assembly: I want to go to the specifics of the Bill. With regard to the Banking Act, this proposed amendment for increasing the capital base is something this House needs to reject. I am not persuaded by the argument that the problems we face in the financial sector are attributable to low capital. A lot of them are attributable to clear cases of fraud and mismanagement of some banking institutions. I do not see why we you should ask someone for Kshs5 billion in 2018 to start a bank. Up to recently, it was just Kshs0.5 billion and we increased it ... view
• 18 Aug 2015 in National Assembly: the reason we had to repeal the entire Value Added Tax (VAT) Act in 2013, if I am not wrong, was because we had had very many piecemeal amendments to this VAT law which made the law inefficient, ineffective and nonoperational. Therefore, I think the Government and the Treasury should avoid amending the VAT Act through the Finance Bill. If there is need for amendments to the VAT Act, we need to bring comprehensive amendments which are well thought out and not done by impulse. I am for the idea of charging 6 per cent as withholding VAT. I support ... view
• 18 Aug 2015 in National Assembly: not reached its efficient limit in terms of usage of our resources. Therefore, we should not allocate more money to this Ministry until we are sure that they are putting the money that they generate from fuel levy to good use. Thank you, Hon. Deputy Speaker. view
• 4 Aug 2015 in National Assembly: On a point of order, Hon. Deputy Speaker. view
• 4 Aug 2015 in National Assembly: Hon. Deputy Speaker, I am asking for your ruling and direction on the conduct of committee members. This House forms committees to do business on its behalf. Seriousness needs to be shown by committee members, especially when a Report of a committee 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