All parliamentary appearances
Entries 261 to 270 of 387.
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6 Apr 2010 in National Assembly:
Mr. Deputy Speaker, Sir, no interest at all. I have nothing to declare. I have the interest of the worker and the employer at my heart.
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6 Apr 2010 in National Assembly:
Mr. Deputy Speaker, Sir, he was paid an amount of Kshs844,000. This money was credited to account 093028473. The notice of pay was credited to account No.016135542 and leave pay was also credited to account No.016135542
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13 May 2009 in National Assembly:
Mr. Speaker, Sir, I beg to reply.
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13 May 2009 in National Assembly:
(a) Ms. Lucy Wambui Maguruâs services were terminated by Console Base, an agent of the Kenya Ports Authority. She was paid on notice and two days worked, making a total of Kshs15,720 vide Barclays Cheque No.103025, which was legally due to her. She was the only female employee in her section though the company has an overall workforce of 89 employees, of which 26 are women. Ms. Lucy Wambui Maguru was engaged as a driver on a renewable contract of six months. No other terminal dues were payable apart from the notice and the days worked. Her services were terminated ...
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13 May 2009 in National Assembly:
Mr. Speaker, Sir, the hon. Member contacted me this morning and gave contrary views about the sacking of Ms. Lucy. I promise to investigate this case.
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13 May 2009 in National Assembly:
Mr. Speaker, Sir, you will appreciate that there are so many such cases coming to my Ministry. I have told the labour officers to be alert on such cases and respond to them as they come. However, you must understand that the Ministerâs hands are tied. If there are cases that the Ministry is not able to solve through our officers, the advice has always been that you seek redress at the Industrial Court.
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18 Feb 2009 in National Assembly:
Mr. Temporary Deputy Speaker, Sir, I rise to make the following Ministerial Statement. The first issue is the status of Kshs2.3 billion that the National Social Security Fund (NSSF) invested through Discount Securities Limited. The NSSF invested through Discount Securities Kshs2.3 billion between August, 2004 and 2007 to purchase shares on its behalf. The total cost of delivered shares is Kshs1.1 billion while the cost outstanding share certificate is Kshs1.2 billion. Out of the undelivered value of Kshs1.2 billion, Discount Securities Limited has acknowledged owning the National Social Security Fund's (NSSF) shares of Kshs517,841,000, while disputing Kshs683,302,000. The NSSF maintains ...
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18 Feb 2009 in National Assembly:
Secondly is the role of Managing Trustee's Investment portfolio of NSSF. The Managing Trustee is the Trustee of the Fund by virtue of his appointment as per Schedule 1 of the NSSF Act which provides for the composition of the Board of Trustees. The Managing Trustee is the Chief Executive Officer of the NSSF and is responsible for the Board of Trustees. The Managing Trustee shall be responsible for the implementation of the Funds investments policies and also chair the Management Investments Advisory Committee of the Fund. He shall also be responsible for the day- to-day operations of the Fund.
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18 Feb 2009 in National Assembly:
The third issue is the role of the Investments Manager and his functions. The roles of the Investments Manager under the Investments Policy are as follows:
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18 Feb 2009 in National Assembly:
To provide guidelines and policy for formulation of the allocation and implement investments related decisions of the Board of Trustees and Investment's Advisory Committee; to follow consistent and thorough processes making, security selections, providing due diligence and research reports to the Investments Committee when required; to maintain all documents and records; to value the Fund's assets as required and provide valuation reports; to arrange for safe custody at all times for all titled assets of the Fund and the name of the Fund in liaison with the General Manager, Finance and the Investment Finance Manager, Corporation Secretary.
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