Dr. Oburu Odinga

All parliamentary appearances

Entries 881 to 890 of 1641.

• 16 Jun 2011 in National Assembly: Mr. Deputy Speaker, Sir, I beg to reply. (a) I am not aware that the Central Bank of Kenya is operating without a properly constituted Board. (b) In view of the response to “a” above, “b” does not arise. view
• 16 Jun 2011 in National Assembly: Mr. Deputy Speaker, Sir, I said that I was not aware. view
• 16 Jun 2011 in National Assembly: Yes, Mr. Deputy Speaker, Sir. view
• 16 Jun 2011 in National Assembly: Mr. Deputy Speaker, Sir, I said that I was not aware. The term of the directors of CBK was staggered. Mr. Deputy Speaker, Sir, the term of the two directors expired at the end of September, 2010. That is the non-executive directors. The term of the other two directors expired in October, 2010. The term of the last director expired at the end of January, 2011. So, by the end of January, 2011, the five non-executive directors had not been appointed because their terms had expired. Thank you, Mr. Deputy Speaker, Sir. view
• 16 Jun 2011 in National Assembly: Mr. Deputy Speaker, Sir, as the hon. Member has said, the Deputy Governor has been sick for some time and it is being considered very seriously to replace him. His Excellency the President will replace him very soon. view
• 16 Jun 2011 in National Assembly: Mr. Deputy Speaker, Sir, the Board of the CBK meets quarterly. So, the Board does not meet on a day to day basis. From January when we did not have the five substantive directors, I issued a Statement on 1st March, 2011, and the three directors were appointed on 28th March. The last two of the five directors were appointed last week. So, the Board is now fully constituted. Thank you, Mr. Deputy Speaker, Sir. view
• 14 Jun 2011 in National Assembly: Mr. Deputy Speaker, Sir, I beg to give Notice of the following Motion:- THAT, in accordance with Section 222 of the Constitution of Kenya, the withdrawal of Kshs368,316,172,939 representing one half of the total net Estimates of Recurrent Expenditure and Development Expenditure made up in the manner set out in the Vote on Account Schedules laid in the House be authorized for purposes of meeting expenditure necessary to carry on the services of the Government of Kenya during the year ending 30th June, 2012 until such time as the Appropriation Act for the year comes into operation. Mr. Deputy Speaker, ... view
• 25 May 2011 in National Assembly: Mr. Temporary Deputy Speaker, Sir, I beg to reply. (a) According to the World Investment Report, 2010, prepared by the United Nations, Foreign Direct Investment (FDI) inflows into the East African Community countries remained minimal in the 1980s and 1990s, with Kenya taking up the lion’s share. However, the 2000s witnessed increased FDI inflows to most countries. FDI inflows net more than tripled between 2000 and 2007. FDI inflows increased from US$93.5 million in 2000 to a peak of US$2,191.9 million in 2007 before dropping to US$1,779.2 million in 2008. In 2009, FDI flows grew by two per cent to ... view
• 25 May 2011 in National Assembly: Mr. Temporary Deputy Speaker, Sir, we have the Kenya Investment Authority whose responsibility is solely to crack down investments. We have already started establishing a one-stop shop center where all the information about investments in view
• 25 May 2011 in National Assembly: Mr. Temporary Deputy Speaker, Sir, it is true that one of the reasons discouraging investments in the country is the high cost of doing business in the country. One of the factors contributing to the high cost of doing business in Kenya is corruption. The other factors include bureaucracy in licensing of our business. Kenya has over 1,300 licences and we have taken steps to reduce these number of licences by more than 300 and---. view