Jude L. Kangethe Njomo

All parliamentary appearances

Entries 411 to 420 of 525.

• 17 Jul 2014 in National Assembly: As I was saying, Kenya is endowed with a lot of mineral resources. We have seen that in some countries when they discover mineral resources they end up being in war - they get into a resource curse. To protect ourselves from getting this resource curse, it is important that we have a good law to govern the mining of the mineral resources. Therefore, this Bill is very timely. view
• 17 Jul 2014 in National Assembly: Hon. Temporary Deputy Speaker, as you very well know when his Excellency the President was trimming his Cabinet from 42 to 18 ministries, he created one new Ministry, and that is the Ministry of Mining; this was because there is great potential in this sector; therefore, we should govern it using a good law. That is a law that will protect the investor, the interests of the Government and those of the community at large. That is why in this Bill a Mineral Rights Board has been proposed to govern the industry. Previously all the powers of the industry were ... view
• 17 Jul 2014 in National Assembly: A Cabinet Secretary, or a Minister, may have vested interests. It would also encourage corruption if we had one person with all the powers; that is why I really support the introduction of the Mineral Rights Board – a body that will be vested with all the powers to make decisions on what royalties are going to be paid to the Government, and generally regulate the industry. view
• 17 Jul 2014 in National Assembly: Hon. Temporary Deputy Speaker, if you remember well, in the middle of last year most of the mining licences in the country were cancelled by the Cabinet Secretary for Mining, hon. Balala. This portrayed Kenya as a very unsafe mining destination to the international mining community. This is because when an investor spends a lot of money prospecting, acquiring the rights to do the prospecting--- Finally, when he finds a resource he spends a lot of money in mobilising resources, equipment and whatever else is required to go into mining; so, should not wake up one morning and find his ... view
• 17 Jul 2014 in National Assembly: also respect the rights and the investments of people who come to our country to invest and to look for mineral resources. view
• 17 Jul 2014 in National Assembly: Hon. Temporary Deputy Speaker, I would also like to comment on the industry. A levy was introduced a couple of months ago on all the gold exports from our country. This levy has killed our industry. Since the levy was introduced no gold has been exported from the country. As you know, we get our gold from miners in different areas and it became very expensive for them to export their gold. It is now very well known that gold is being traded in, in the Kisumu black market, because there is only one avenue for exporting gold, and that ... view
• 17 Jul 2014 in National Assembly: Hon. Temporary Deputy Speaker, business can be done anywhere. It does not mean that because Kisumu is not a border town, business cannot take place there. This is something which is well researched. It is very well known that the market for gold has now moved to Kisumu, for whatever reasons. It is being exported from Kisumu to Uganda, from where it is exported to the international market. It is a well known fact by the people who are doing that business. Maybe, it is a convenient town for doing that business. I do not do gold business. There is ... view
• 17 Jul 2014 in National Assembly: industry. In a period of time, large-scale investors will be expected to float their shares in the local stock exchange, so that local investors may also invest in this industry. The Bill also seeks to have sovereign funds established by the county governments. This will help county governments to build--- view
• 17 Jul 2014 in National Assembly: On a point of order, hon. Temporary Deputy Speaker. Is it in order for the hon. Member to mislead the House that the Mining Authority will be involved in mining while it is very clear in the proposed Bill that the Authority’s role will be to regulate and control the activities of the mining industry? view
• 17 Jul 2014 in National Assembly: Sorry, hon. Temporary Deputy Speaker. I did not use that terminology. view