13 Nov 2018 in National Assembly:
(Gatanga, JP)
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13 Nov 2018 in National Assembly:
(Gatanga, JP)
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13 Nov 2018 in National Assembly:
(Gatanga, JP)
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13 Nov 2018 in National Assembly:
(Gatanga, JP)
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13 Nov 2018 in National Assembly:
(Gatanga, JP)
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13 Nov 2018 in National Assembly:
(Gatanga, JP)
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7 Nov 2018 in National Assembly:
Thank you very much, Hon. Temporary Deputy Speaker for giving me an opportunity to contribute. From the outset, I am a Member of that Committee. Many remarks have been made. I also support the Bill. It will protect our people. As most Kenyans have realised, there are many SACCOs which have been started all over Kenya in our rural areas and markets in very nicely erected buildings. Kenyans have rushed there to take their money. With this Bill, Kenyans will be protected. It is also a nice Bill because we will now be able to distinguish between ordinary SACCOs, matatu ...
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7 Nov 2018 in National Assembly:
Another good thing about this Bill is that we will separate the ordinary SACCO from deposit-taking ones. In case we have a SACCO which is running a parallel business, we have recommended that it should be separated, so that in case there is a problem with the deposit- taking SACCO, the other members of the SACCO can continue saving their money.
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7 Nov 2018 in National Assembly:
The Bill has also come up with a criterion of information sharing among the SACCOs. Maybe this one will escalate to the banks so that in case a borrower defaults, this information is shared by the bank and SACCOs. The criterion of appointing directors, and we know most SACCOs are run by people who are incompetent and not well educated, has been set out in this Bill. It is high time we looked at SACCOs, so that as we come up with rules to manage these deposit-taking SACCOS, we also create rules which will also enable the ordinary SACCOs to ...
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7 Nov 2018 in National Assembly:
With those few remarks, Hon. Temporary Deputy Speaker, thank you very much for giving me an opportunity to make my remarks.
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