Jonathan Lelelit Lati

All parliamentary appearances

Entries 251 to 260 of 547.

• 22 Oct 2014 in National Assembly: I think there is something wrong here. Even assuming that men in this country - this to me sounds like a joke - are marginalized, vulnerable and are everything that the youth and women are, let us think of our Budget. We know our Budget is not infinite. We do not have a Budget that is limitless. We have a Budget that is supposed to cater for so many needs, particularly in our country, Kenya. For us to assume that everybody wants money--- we want money for vijana, for the elders, the youth, the CDF, counties and everything; it sounds ... view
• 22 Oct 2014 in National Assembly: So, I find this thing a little bit off the track. But there is something that can be said about men in the age of 35 to 50. We need to be a saving country with a saving culture. We are told that today for every Kshs100 that Kenyans get, 93 per cent is consumed. So, we leave about Kshs7 as disposable income or for saving. If we look at countries that have developed like Japan, their saving culture is at around 70 per cent. That is what we need to instill in the men aged 35 and 50 years; ... view
• 21 Oct 2014 in National Assembly: Thank you, hon. Temporary Deputy Speaker. This is really good. I just got in and got a chance. Sometimes, it is really hard to get a chance to speak in this House. I thank you for this chance. I think this is a very important Bill. It will create a body - just like in the developed countries - that tries to bridge industry practices with the investment theory and ethical practices in our country. view
• 21 Oct 2014 in National Assembly: Hon. Temporary Deputy Speaker, if you look at a country like the United States of America (USA), you will find that there are special programmes that deal with finances. This is the CFA programme. People have confidence in the markets because there are professional bodies that guide investment along those areas. The bodies also provide enough security for people to put their lifelong investments into the stock markets and the futures markets. view
• 21 Oct 2014 in National Assembly: According to the last re-calculation of the GDP, Kenya is one of the top ten economies in Africa. More importantly, in terms of the stock markets and the financial 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
• 21 Oct 2014 in National Assembly: markets, we are one of the best. In the Sub-Saharan Africa, we are just behind South Africa. view
• 21 Oct 2014 in National Assembly: A few months ago, we had another Bill on the futures exchange which is a very sophisticated kind of market and assets. It is very necessary that we have a practicing body that helps guide investors and professionals in those areas on how best to run those practices in an ethical way. view
• 21 Oct 2014 in National Assembly: Hon. Temporary Deputy Speaker, if you look at the CFA programme in the US, you will find that it is actually the one that develops regulations that guide the market and helps the regulatory authorities that deal with the stock markets on the best things such as avoidance of insider trading. Those are important confidence builders for our people. view
• 21 Oct 2014 in National Assembly: We are a country that is doing well economically, but we still have a very low saving culture. With the kind of economy that we are now dealing with in Kenya, you expect people to have disposable incomes enough for every household to engage, in one way or the other, in the investment of our stock market. view
• 21 Oct 2014 in National Assembly: Hon. Temporary Deputy Speaker, the stock markets are very important in the sense that countries do not need to have all the resources or wealth. Being the financial hub of Eastern and Central Africa, if we build confidence in our people to the stock market, we can become a very strong powerhouse without necessarily thinking about having the natural resources that many of our people are thinking about. view