Eng. Nicholas Gumbo

All parliamentary appearances

Entries 2531 to 2540 of 3504.

• 18 Sep 2013 in National Assembly: receive inconsequential in so far as the remedy is concerned. Therefore, it is important that as we pursue this amendment, we also encourage the corporation that whatever investments that they may want to undertake with the funds of the corporation should be aimed at giving depositors remedy in the event that they need that remedy. That is giving depositors remedy in a quick time so that depositors can realise the full value of their money. view
• 18 Sep 2013 in National Assembly: Hon. Speaker, I am encouraged to note that if you look at some economies, for example the so called Asian Tigers, these are economies that about 50 years ago, in terms of Gross Domestic Product (GDP) per capita, were actually smaller than our country but through an assured mobilisation culture of saving, the citizens developed a culture of saving and those savings have been mobilised and some of these economies, from what we get to hear, have actually developed without needing external loan support. I think this is possible in our country. What we need is to be able to ... view
• 18 Sep 2013 in National Assembly: Hon. Speaker, with those remarks, I beg to support. view
• 17 Sep 2013 in National Assembly: Thank you, hon. Speaker, for giving me the opportunity to add my voice to the proposed amendment to the Microfinance Act, 2006. view
• 17 Sep 2013 in National Assembly: Hon. Temporary Deputy Speaker, the proposed amendments are very timely. They ought to be supported, especially considering the fact that up to now, a good part of Kenya’s population still remains unbanked. In my view, by entrenching micro-financing amongst our people, we are promoting financial literacy. In a way, this is going to help us fight poverty at the grassroots level. I agree entirely with my colleague, hon. Jimmy Angwenyi, who spoke before me; that, having allowed microfinance institutions to grow, we now have indigenous banks in this country, which are giving a very positive competition to the major banks. ... view
• 31 Jul 2013 in National Assembly: Hon. Temporary Deputy Speaker, I just wanted to seek clarification. In my view, the Bill has not been read the First Time and so it cannot be a property of the House. Even to talk about the Bill is really to anticipate debate. It is in that respect that I suggest that you allow the Motion to continue. This is because the Bill is not properly before us. What is being said now, as far as the House is concerned, is hearsay. Looking at Standing Order No.85 it prohibits anticipating debate of a Bill. So, even to refer to the ... view
• 25 Jul 2013 in National Assembly: On a point of order, hon. Deputy Speaker. view
• 25 Jul 2013 in National Assembly: Yes, hon. Deputy Speaker. I know it is Statement Time, and I do not wish to start debate on this matter but the truth of the matter is that security is a grave issue. The truth is - I can demonstrate this within one minute - that as we speak today many parts of Kenya are death and torture areas. There is no question about it and, therefore, when the Chairman of the Departmental Committee on Administration and National Security says he is not aware--- If you indulge me just for one minute, I can demonstrate that in the last ... view
• 25 Jul 2013 in National Assembly: Hon. Deputy Speaker, with your indulgence on 1st of July, and these are matters which are in the public domain, gangsters ambushed a matatu and sprayed it with bullets in Laikipia County. On the same day, you are aware that Ugandan security forces attacked our security forces in Migingo. That is a security issue. On the 2nd of July, again in Laikipia County--- These are matters which are in the public domain. Therefore, the reason why I am standing on this point of order is that these matters have been coming--- view
• 25 Jul 2013 in National Assembly: I am on a point of order please and I want the Member rising on a point of order to know that when there is no security in the country not even us Members are safe. Even Members of this House have been victims of the security situation. I am aware of Members who have been attacked and, therefore, when we are discussing these matters they are not political. We are just talking about matters which are in the public domain. view