Jonathan Lelelit Lati

All parliamentary appearances

Entries 221 to 230 of 547.

• 10 Dec 2014 in National Assembly: Thank you, hon. Temporary Deputy Speaker for giving me this opportunity. However, before I speak on this Bill, let me pay great tribute to this great man of Laisamis because he has been one of the most prolific Members of Parliament in the history of our country. In the last few years, hon. Lekuton has sponsored the Animal Technicians Bill, the Unclaimed Financial Assets Bill, the Mental Health Bill and now the Traffic (Amendment) Bill. Hon. Temporary Deputy Speaker, more importantly, if you look at those Bills which this Member has brought to this House, sponsored and matured, they are ... view
• 10 Dec 2014 in National Assembly: Hon. Temporary Deputy Speaker, just yesterday, incidentally with the sponsor of the Bill, we were walking from Continental House towards Parliament and crossing the notorious road between Parliament and Continental House. About three motorbikes were being driven on the opposite direction towards Uhuru Highway. We were almost overrun by those motorbikes yesterday and hon. Lekuton is sitting here sponsoring a Traffic Bill today. The most unfortunate thing is that those motorbikes were going in the opposite direction when not less than six policemen were at the gate of Parliament and they never bothered. It tells you how notorious traffic rules ... view
• 4 Dec 2014 in National Assembly: Thank you, hon. Speaker. I appreciate this opportunity. I rise to support this Motion, which is very important for our county. To start with, there is no country in the world that can grow without taking some borrowing and some external funding from some sources. External borrowing is not new in this world. In fact, the first Bonds were floated in 1693 to fund things as ridiculous as war. That was Britain funding the war with France. Even things like war, which are not productive in nature, have been funded through external borrowing. External borrowing has been used by countries ... view
• 4 Dec 2014 in National Assembly: country; you would not deny our country an opportunity to borrow for important areas as capital expenditure. The only borrowing that is bad is one that goes into consumption. What we are discussing here is basically a ceiling. Assume you walk into a bank and get a credit card, it is the limit of the expenditure on that credit card that we are discussing here. In fact, it is even better than that because for every extra expenditure, even with that limit, the Government still has to come here to ask for approval of any extra expenditure. So, this is ... view
• 4 Dec 2014 in National Assembly: remain at 6 per cent of the Budget deficit. If this happens, we might break even. Unless we expand our economy, it is not looking very good. Our economy, as you can see, is subdued. We are growing at about 6 per cent. I am hoping that with this kind of intake of big infrastructural projects and dollars coming in, we can put it into the right capital expenditure, so that our economy can grow in reference to the Jubilee Manifesto of more than 10 per cent. I believe in that. For the people who know what the GDP is, ... view
• 3 Dec 2014 in National Assembly: Hon. Temporary Deputy Speaker, let me start by thanking my good friend, hon. Kabando wa Kabando, for such a progressive amendment to the Central Bank Act. There is something very important here. The two amendments that hon. Kabando wa Kabando is proposing are very critical. It is very backward for us not to trade Treasury Bills and Bonds through an electronic platform at this day and age. The Central Bank of Kenya has no option, but to adapt this amendment and move very fast. This is because our country will look really backward if it is not doing electronic trading ... view
• 3 Dec 2014 in National Assembly: lend at about 16 per cent, meaning that for every shilling, they get another Kshs.14, just by lending to the people who deposited the money to the banks. view
• 3 Dec 2014 in National Assembly: Thank you, hon. Temporary Deputy Speaker. The other thing I wanted to consider in this amendment is the recent happening in our country where we went ahead and borrowed some money through a Sovereign Bond outside our nation. If you remember, during that time the interest rate was around 6 per cent. If those people who cannot access those Treasury Bills and Treasury Bonds, which is the other way the Government borrows, were to access this market, the best thing that we can see is the lowering of interest rates. The Government can actually borrow locally with a lower interest ... view
• 3 Dec 2014 in National Assembly: analysis of our regional partners so that we are in tune with the kind of minimum requirements they require. Overall, this is a good way to get our people to save. Without savings this country is going nowhere. I looked at the Treasury Bills and it looks like our domestic market is over 90 per cent on all domestic debts on Treasury Bills and Treasury Bonds. We are actually denying Kenyans one of the biggest markets that we have in the region. No wonder Kenyans sometimes find a way to put their money under the pillows and mattresses and they ... view
• 19 Nov 2014 in National Assembly: Thank you, hon. Speaker. On behalf of the people of Samburu, my family and myself, I would like to join my colleagues, people of the greater Suba community and Homa Bay County in consoling the family of this great man of Kenya. Senator Kajwang’ was no ordinary man. He was a great man, a patriot and full of love for his country. He was equally loved by Kenyans. We have sometimes mistaken his song of Mapambano to be political or partisan, but I have always believed that view