Dr. Oburu Odinga

All parliamentary appearances

Entries 1591 to 1600 of 1608.

• 9 Nov 2006 in National Assembly: Mr. Temporary Deputy Chairman, Sir, I beg to move:- THAT, Clause 1 be amended by inserting the following new paragraph in proper sequence- (cc) Section 4(a)(iA), on the 9th November, 2006 Mr. Temporary Deputy Speaker, Sir, this amendment is just meant to put the sequence right. view
• 9 Nov 2006 in National Assembly: Mr. Temporary Deputy Chairman, Sir. there are some taxation measures which the Minister had announced which had become effective from midnight and here we are saving him by saying that they become effective on 9th November which is today. So, that is illegal. view
• 8 Nov 2006 in National Assembly: Mr. Deputy Speaker, Sir, this Report is a replacement of the one which was not in a proper format presented before the House by hon. Oparanya last week. view
• 8 Nov 2006 in National Assembly: Mr. Temporary Deputy Speaker, Sir, this is a very important Bill. It has been before the Departmental Committee on Finance, Planning and Trade. We were supposed to present our report, but were not aware that this Bill was coming before the House this afternoon. Unfortunately, it has come very fast. So, we are going to give our report on it tomorrow. I am standing here in support of this Bill. This is a Bill which is going to address--- view
• 8 Nov 2006 in National Assembly: Mr. Temporary Deputy Speaker, Sir, that would have been done if we were actually notified that this Bill was coming before the House today. I have just learned about it because the other Bill was replaced since the Minister was not ready. We were not aware that actually--- view
• 8 Nov 2006 in National Assembly: Mr. Temporary Deputy Speaker, Sir, I am not complaining. I am just drawing your attention to the fact that--- view
• 8 Nov 2006 in National Assembly: Mr. Temporary Deputy Sir, it will come. We have agreed that hon. Okemo will, indeed, present it on behalf of the Committee. This is a very important Bill because it is addressing an issue which major banks in this country have been unable to address. When the policy of liberalisation was introduced in this country, it was our expectation that banks would use the liberalised system of financing to spread their services to rural areas, which up to then had no access to financial institutions. We were expecting them to charge higher interest rates because of higher risks in those ... view
• 8 Nov 2006 in National Assembly: Mr. Temporary Deputy Speaker, Sir, this Bill is going to deal a death blow on predatory lenders of money who, as I said, in my preamble, have actually been exploiting view
• 8 Nov 2006 in National Assembly: . Mr. Temporary Deputy Speaker, Sir, I wish to state that this particular Bill is going to protect the small-scale entrepreneurs. Microfinance institutions will allow people to save as little as Kshs50 or Kshs100 on a daily basis. People will be allowed to withdraw and borrow as little as Kshs1,000 or Kshs2,000. Mr. Temporary Deputy Speaker, Sir, when we went for a workshop recently, we met a woman who was a whore previously, in the streets of Nairobi. She was picked up by a microfinance institution and was asked to start saving even from the illicit business she was conducting. ... view
• 8 Nov 2006 in National Assembly: Yes, she stopped the whole thing. Indeed, she has now educated all of her children. One of them is, in fact, in the university. This is something that is very commendable. 3524 PARLIAMENTARY DEBATES November 8, 2006 Mr. Temporary Deputy Speaker, Sir, we also met one who has actually been a robber. He came to present himself before us and to tell us what he was doing before and what he is doing presently. These examples go a long way to show what microfinance institutions can do to the ordinary Kenyans. They can pull them out of criminal activities--- view