Ledama Olekina

All parliamentary appearances

Entries 1871 to 1880 of 4248.

• 5 Oct 2021 in Senate: The electronic version of the Senate Hansard Report is for information purposesonly. A certified version of this Report can be obtained from the Hansard Editor, Senate. view
• 5 Oct 2021 in Senate: about 30 years, like the project from the airport to Waiyaki Way. This is a project which will only benefit this country in terms of the users. However, in terms of any revenue going into the Kenya Revenue Authority (KRA) will not be there. view
• 5 Oct 2021 in Senate: Mr. Temporary Speaker, Sir, I hope that we consider passing this Bill with a few amendments. I have had a close look what is being proposed. For instance, the Bill proposes to establish a directorate. This directorate will seek to establish a fund that will be funded by Appropriation-in-Aid (A-in-A), grants and donations. view
• 5 Oct 2021 in Senate: We do not want to see a situation where these so called big investors come all the way from abroad saying that they want to partner with this country, yet they are pulling us to sign off our sovereignty. It is very easy for us to get ourselves into that trap because it is quite seldom that people actually read the fine details of PPPs). view
• 5 Oct 2021 in Senate: I encourage that as we bring in this piece of legislation, we need to think about the end game. It is very good from the onset. I would love for each and every county, for instance, Narok County, to sign a PPP with a company that will collect all the garbage in the town, take it and use to generate manure and energy. They can also sell that power to Narok Town, to reduce the constant power fluctuation, which causes a lot to destruction to the small industries. view
• 5 Oct 2021 in Senate: Mr. Temporary Speaker, Sir, if we do that, we really have to think about the sustainability. Will this be another burden to the public? There are people who come in and say that they have a good project and finances, so long as they get a guarantee from the National Treasury. view
• 5 Oct 2021 in Senate: This Bill seeks to also involve the county governments. The PPP Act 2013 did not envision the county governments seeking these partnerships. Now, every county wants to develop. I would be very skeptical in allowing county governments to sign these contracts without direct supervision and a fine microscopic lens on the terms and conditions of these PPPs. Some people may be enriching themselves through these PPPs. They will sign off and set up companies in Mauritius, Singapore and everywhere. However, when it comes to the longevity of this project, you will find that it might end up costing the public. view
• 5 Oct 2021 in Senate: Mr. Temporary Speaker, Sir, I like one aspect of the Bill. The implementing partner of any project which is said to be developed through a PPP must set up a company. That company must have the support of a county, for instance, Narok County, as a minority shareholder. view
• 5 Oct 2021 in Senate: If the majority shareholders choose to change the ownership of their company and they get approval without setting up the terms and conditions as to why they are changing, this could end up being a scheme to get rich fast. Certain companies can come in, sign agreements with county governments, get funding from the World Bank (WB), because they have to look for funding somewhere, or get money from other venture capitalists. view
• 5 Oct 2021 in Senate: However, within a short time when the project is not even completed because there is guarantee by the Exchequer of this Republic or the treasury of each and every county government, they take off. They have made their money and not completed the project. view