Dr. Oburu Odinga

All parliamentary appearances

Entries 1501 to 1510 of 1641.

• 22 Jul 2008 in National Assembly: Mr. Speaker, Sir, there are major reforms going on in the Pensions Department. One of them is to computerise the filing system in that department. There are arrangements to introduce information management systems. Right now, they are at an advanced stage. When this is done, we shall not need a lot of staff. We shall, in fact, need less staff. The rest will be redeployed elsewhere and the Department will be more efficient than it is. We admit that prior to this, there has been a lot of inefficiency and a lot of piling up of work which is now ... view
• 22 Jul 2008 in National Assembly: Mr. Speaker, Sir, we appreciate that the pensioner has suffered for a long time and, as we have said, he is going to get his pension in the payroll for this month. I can assure the hon. Member that this is going to happen. view
• 16 Jul 2008 in National Assembly: Mr. Deputy Speaker, Sir, I beg to reply. (a) Yes, we agree with the observation that the oversubscription of the Safaricom shares is an indication that Kenyans have a lot of resources that can be tapped for development purposes. Indeed, it is this realisation that informed the proposal to include Kshs18.5 billion for infrastructure bond in this year's Budget. We intend to deepen the market for infrastructure bond so that even profitable parastatals can issue their own bonds backed by a strong cashflow and without Government guarantees. In addition, the framework to operationalise public/private partnerships is in its final stage ... view
• 16 Jul 2008 in National Assembly: Mr. Deputy Speaker, Sir, as far as the public-private sector partnership is concerned, the gazettement of the regulations is going to be done by next week. The structures, and a Cabinet Paper, have been prepared for this purpose. Therefore, this is an ongoing process. view
• 10 Jul 2008 in National Assembly: Mr. Speaker, Sir, we shall be able to respond to that point of order next week. view
• 10 Jul 2008 in National Assembly: The Speaker should give direction. I think Thursday afternoon will be appropriate. view
• 10 Jul 2008 in National Assembly: Yes, on Wednesday afternoon. view
• 8 Jul 2008 in National Assembly: Mr. Speaker, Sir, I beg to reply. (a) The Electronic Funds Transfer (EFT) is a mode of payment other than the national payment system. This is not the same as the Electronic Application System for shares, used as one of the options for application for shares under the just concluded Safaricom IPO. The application for the shares sold under the IPO were either through manual or electronic application. For any of the two options, the applicants had to pay through an authorised selling agent. The allotment, specifically the percentages allocated were communicated through the Press. If any applicant required specific ... view
• 8 Jul 2008 in National Assembly: Mr. Speaker, Sir, first, the answer which the hon. Member got was replaced. As you may recall, last week, Parliament resolved here that answers should be signed by me. When it was resolved that, I had to give the answer according to what I thought was correct. That is why what the hon. Member has is different from what I have. He is going to get a copy of the correct answer just now. The issue of the applicants being charged Kshs500 was discussed in the Ministry together with the Central Bank of Kenya. It was resolved that those who ... view
• 8 Jul 2008 in National Assembly: Mr. Speaker, Sir, I am not aware of that assurance by the Investments Secretary. However, I am aware that the shares were issued in accordance with the prospectus which was made public. Members of the public who wanted to invest had to go as per the conditions established in the prospectus. With regard to the amount of money that is being charged in terms of interest, I know that it is only Equity Bank that decided to waive interest on the amount of money which was not allotted shares. All the other banks have charged interest on whatever loans they ... view