Joseph Kirui Limo

All parliamentary appearances

Entries 471 to 480 of 2163.

• 20 Nov 2019 in National Assembly: You will find that whoever enjoys that situation of a buyer power can choose not to cover certain terms in the contract. They can decide to just ask the supplier to supply them with groceries at 8.00 a.m. and they will pay or even keep quiet and the supplier will not say anything. So, this Bill has listed critical items to be covered by the contract including the payment date and the conditions in which the contract will be operated, so that when there is a complaint by anybody or when the authority realises that there is likelihood that the ... view
• 20 Nov 2019 in National Assembly: Several Members, when contributing, said that we could not go to the extent of determining the terms of payments because they thought it was not necessary. However, it is necessary. That is the only measure which the Competition Authority will use to determine whether someone has abused power or not. If you do not determine and indicate clearly the terms of engagement, it will be hard to implement. We should not be making a law in this House in futility. The law must be very clear. It has to have certain items which are not debatable. We want this country ... view
• 20 Nov 2019 in National Assembly: One of the biggest culprits of this buyer power has been the dairy industry. Small farmers have been coming together as cooperative societies, but when they decide to pack milk, they cannot supply it through the supply chain which is favourable like supermarkets. Supermarkets will tell them to supply milk, but they will pay after six months. That is what is happening even in big industries. You will find that even through the Kenya Co-operatives Creameries (KCC), Githunguri Dairy Company, Brookside and Daima, supply milk to supermarkets every morning with trucks and lorries, they are paid after six months. That ... view
• 20 Nov 2019 in National Assembly: Nakumatt have fallen off. The few who are remaining have to be given notice that upon the enactment of this law, the Competition Authority will be watching and it is going to help the small factories to come up. view
• 20 Nov 2019 in National Assembly: I encourage the House to support this Bill because it is going in the right direction. If we do not do that, we will be talking about Small and Medium Enterprises (SMEs) and small factories operated by the youth, but we are not making the market available for them. view
• 20 Nov 2019 in National Assembly: Hon. Members, let us support this important Bill. I thank you view
• 20 Nov 2019 in National Assembly: Thank you, Hon. Temporary Deputy Speaker. I rise to second this Bill. It was published on 1st July 2019 and subsequently tabled in the House on 23rd July 2019. The Constitution requires that there should be public participation in any Bill. It was advertised in the print media on 26th July 2019. By the end of the period, we did not receive any memorandum from the public. Subsequently, we invited the Insurance Regulatory Authority, which is in charge of insurance issues to appear before our Committee on 8th November 2019. They appeared before us and supported the Bill. As it ... view
• 20 Nov 2019 in National Assembly: enable the Authority to assess the insurance companies and the intermediary financial soundness. Most of them are certain reports in form of returns which must be filed. This Bill has introduced penalties which will be meted on any insurer who will not file financial returns, premium levy returns and the claims payment returns on time. view
• 20 Nov 2019 in National Assembly: This Bill has also come up with a very good way of protecting policy holders. Currently, if you have taken a policy and it happens that the company which gave you the cover is under statutory management, the claimants will come for you instead of them waiting for the statutory manager to give the way forward. The current law opens up a Pandora’s box where the claimants, if you are involved in an accident, will come for your property if the insurer is placed under statutory management. This law is coming in handy to protect the policy holder. Their property ... view
• 20 Nov 2019 in National Assembly: This Bill also provides for greater participation by the Government by introducing the Attorney-General’s and the Cabinet Secretary’s representatives into the board. It also brings in the qualifications of anyone who will be appointed to serve as a board member of the Policy Holders Compensation Fund. view