12 May 2020 in Senate:
The electronic version of the Senate Hansard Report is for information purposesonly. A certified version of this Report can be obtained from the Hansard Editor, Senate.
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12 May 2020 in Senate:
– I thank Mr. James Mwangi – saying that they will provide a facility of a certain amount for their own clients who can demonstrate that loss of business during this time and also have the potential to repay.
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12 May 2020 in Senate:
Mr. Deputy Speaker, Sir, I am asking you to give direction on that. It is not just a communication of students in the Gallery. He has considered different elements and made the decision as a ruling.
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12 May 2020 in Senate:
Mr. Deputy Speaker, Sir, we have put in a proposal there. As I have said before, it is very difficult to legislate empathy, common sense, good behaviour and humanity. If you are a landlord, this is not the time to evict your tenant. Enter into an agreement with your tenant. That provision is not just to cushion the tenant but also the landlord. I have spoken to many who are asking that we have said tenants should not pay. No, that is not what we said. The media sensationalised this issue. We are not saying that tenants should not pay, ...
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12 May 2020 in Senate:
I have many friends who own big buildings in this town and they told me that they had to sit down with their tenants and ask them what is realistic. As it is, the real estate market was suffering. So, this landlord, having entered an agreement with his tenant, can then now access that concessional facility from the bank. First of all, if they are paying mortgages, the mortgages must be suspended at that time and pushed forward for that period of the pandemic. If that is done, they will not have obligations that they cannot meet because they are ...
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12 May 2020 in Senate:
Mr. Deputy Speaker, Sir, other countries have gone to the extent of stopping all evictions. We are not going to that extent. We are saying, get into an agreement or an understanding. I know for many people, that is the only source of income and I understand that. It is easier for the Government to support 1,000 landlords than 100,000 tenants. If the landlord is happy and has been cushioned, then the tenant will be happy.
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12 May 2020 in Senate:
In that provision where we said that “the Cabinet Secretary shall create regulations to cushion both”, we have decided as a Committee instead of leaving it blank and saying “may”, we are going to put in the specific provisions so that it is not abused and we have proper protection.
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12 May 2020 in Senate:
Mr. Deputy Speaker, Sir, I have mentioned the issue of loans. Mortgages and banks have expressed willingness to amortise and if it was a 20 month facility, extend it for the period of the pandemic. During this period, there are no charges and interest. I am glad that based on interaction, the banks have said that certain transactions will not be charged as of now and they have restructured loans amounting to Kshs160 billion. It is a pandemic and not an epidemic like malaria or a landslide but a global pandemic.
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12 May 2020 in Senate:
Mr. Deputy Speaker, Sir, moving forward, and I hope that brings some understanding or context to it, we have heard everybody who has come from both sides. Of course, there were the extremes, there is an association called the Landlords and tenants Association. I think the Registrar of Societies needs to explain because I do not see both of them being an association because it is like an association of oxen and sheep together. Nonetheless, there is freedom of association and if they are registered, we respect what they said. Their view was extreme, saying; ‘to halt all rent payments’. ...
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12 May 2020 in Senate:
The electronic version of the Senate Hansard Report is for information purposesonly. A certified version of this Report can be obtained from the Hansard Editor, Senate.
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