All parliamentary appearances

Entries 1 to 7 of 7.

  • 24 Apr 2014 in National Assembly: Hon. Temporary Deputy Speaker, I also stand to support this amendment to the Public Finance Management (PFM) Act. I support this amendment to the extent that it will allow our country to start participating in the international capital markets. I want to observe that this is an exercise that should have taken place a long time ago since Kenya has enjoyed a lot of long-term peace. We should have gone into the international capital markets and taken credit for the peace that this country has had for a very long time. However, it is not late because, as the country ... view
  • 24 Apr 2014 in National Assembly: The other thing is that most lenders look for track record and the more we delay in taking this step, the more we fail to have any track record that will help us borrow cheaply in future. So, this should be the beginning and it is important that other private investors, other than our Government, should go into the international capital market because we cannot build our roads. We cannot build our factories without long-term loans. It is true all over the world that at the moment there is a lot of international capital moving into various regions and sooner ... view
  • 24 Mar 2014 in National Assembly: Hon. Temporary Deputy Speaker, I also stand to support this amendment to the Public Finance Management (PFM) Act. I support this amendment to the extent that it will allow our country to start participating in the international capital markets. I want to observe that this is an exercise that should have taken place a long time ago since Kenya has enjoyed a lot of long-term peace. We should have gone into the 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
  • 24 Mar 2014 in National Assembly: international capital markets and taken credit for the peace that this country has had for a very long time. However, it is not late because, as the country showed in the 2007/2008-- - When we had a lot of problems, we quickly sorted out ourselves and we are still an island of peace. This is what will inform the rate that will be offered on the sovereign bond. It is difficult anywhere in the world to have a country develop from short-term or medium-term bank loans. It has never happened anywhere in the world. I think this is a move ... view
  • 9 Oct 2013 in National Assembly: Hon. Temporary Deputy Speaker, Sir, I also stand to congratulate the Committee on Finance, Planning and Trade for a job well done. One of the falsehoods that we hear in this country is that when you put your money in a bank, it is never safe. This is informed by the fact that many people are not aware of the functions of the current Deposit Protection Board. The amendments which have been brought in this new institution include partly that the Insurance Corporation will bring financial literacy by educating people that once you put your money in a bank, it ... view
  • 9 Oct 2013 in National Assembly: certain level. We know that most of our savers are small-savers. So, this is job well done and I support. view
  • 23 May 2013 in National Assembly: Thank you hon. Temporary Deputy Speaker. I rise to support the Motion as amended for several reasons. One, the fishing industry is one industry which has been misunderstood and misused and wastefully utilized. The problem we have in the fishing industry, as others have said is taken as a poor man’s industry or job. But I do not know whether you are aware or we are all aware that some of the richest people and some of the biggest industrial estate developers are actually getting their money from the fish. I happen to be involved in this industry and I ... view

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