27 Aug 2015 in National Assembly:
Hon. Temporary Deputy Chairperson, I stand to support.
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27 Aug 2015 in National Assembly:
Hon. Temporary Deputy Chairperson, I stand to support.
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27 Aug 2015 in National Assembly:
The Question was proposed. I support the amendment by Hon. Jakoyo Midiwo for the same reasons as the Hon. Leader of the Majority Party. If anything, we need a more inclusive financial market regime so that we can have more banks in this country. In addition, I want to propose a further amendment that we reduce the capital requirement to half a billion. This is so that most of our micro- finance institutions that can move into being banks can do so. I move that we further amend that provision so as to allow--- I will give you the wording ...
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27 Aug 2015 in National Assembly:
The Question was proposed. I support the amendment by Hon. Jakoyo Midiwo for the same reasons as the Hon. Leader of the Majority Party. If anything, we need a more inclusive financial market regime so that we can have more banks in this country. In addition, I want to propose a further amendment that we reduce the capital requirement to half a billion. This is so that most of our micro- finance institutions that can move into being banks can do so. I move that we further amend that provision so as to allow--- I will give you the wording ...
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27 Aug 2015 in National Assembly:
The Chairman concurs and I am coming to do the drafting.
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27 Aug 2015 in National Assembly:
The Chairman concurs and I am coming to do the drafting.
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27 Aug 2015 in National Assembly:
Hon. Temporary Deputy Chairman, I would like to agree with Hon. Chepkong’a on this amendment as the two words are totally different. Deposition is to depose or to remove somebody from office and depository is a central place like a repository where things are placed. They have totally different meanings. Even then, there is no Act that exists called “The Central Depositions Act”. I think we will not have any such Act in future for obvious reasons. For that reason, I agree with Hon. Chepkong’a. Again, I thank you for acknowledging how techno-savvy I am. I appreciate that.
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27 Aug 2015 in National Assembly:
Thank you, Hon. Temporary Deputy Chairlady. I support the amendment the Chairperson of the Committee is proposing to Clause 2. On the earlier one, though it has passed, those amendments are in order. Some of these companies, as much as we are trying to tax them highly, are huge taxpayers in this country. We need to draw a fine line between trying to raise revenue and hurting the biggest taxpayers. British-American Tobacco (BAT), for example, is the fourth largest taxpayer in this country after Safaricom, East African Breweries Limited (EABL) and Teachers Service Commission (TSC). We are truly grateful for ...
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27 Aug 2015 in National Assembly:
Thank you, Hon. Temporary Deputy Chairlady. I support the amendment the Chairperson of the Committee is proposing to Clause 2. On the earlier one, though it has passed, those amendments are in order. Some of these companies, as much as we are trying to tax them highly, are huge taxpayers in this country. We need to draw a fine line between trying to raise revenue and hurting the biggest taxpayers. British-American Tobacco (BAT), for example, is the fourth largest taxpayer in this country after Safaricom, East African Breweries Limited (EABL) and Teachers Service Commission (TSC). We are truly grateful for ...
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27 Aug 2015 in National Assembly:
Hon. Temporary Deputy Chairman, we agree with this amendment as, we have done earlier, because the word “deposition” is different and dangerous here as opposed to “depository”, it is different to what you have termed “my digital disposition.” We want to know who drafted this Bill because we have spent a lot of time doing amendments that are really not worth the time of this House; we are just editing grammar. We have spent a lot of time of this House. Ultimately, we would like the Chair to tell us who actually drafted this Bill. I know we have very ...
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