Dr. Oburu Odinga

All parliamentary appearances

Entries 941 to 950 of 1641.

• 4 May 2011 in National Assembly: Mr. Temporary Deputy Speaker, Sir, I beg to reply. (a) The Government owns 183 parastatals. Out of this number, 80 are self- sustaining and give dividends to the Government while 103 parastatals depend on the Government of Kenya for survival. (b) As stated in part “a” above, the number of self sustaining parastatals is 80 and I hereby lay before the House a detailed list of the same. view
• 4 May 2011 in National Assembly: (c) The 103 parastatals listed in the list that I have laid on the Table depend on the Government for survival due to their nature of being non-commercial State corporations. view
• 4 May 2011 in National Assembly: Mr. Temporary Deputy Speaker, Sir, most of the State corporations which are supported by the Government are non-profit making and are either regulatory or provide service to members of the public. For those which are involved in commercial activities, some make profit and contribute to the Government coffers and some make losses and, therefore, do not contribute to the Government coffers and are lined up for privatization. Very soon, they are going to be privatized. The Government is going to dispose them off. Like the hon. Member has mentioned, the balance sheets of some parastatals, for example, sugar factories, show ... view
• 4 May 2011 in National Assembly: Mr. Temporary Deputy Speaker, Sir, these parastatals are in various status. There is no uniform time that they have been under the support of the Government. There are some which make profit in some years and make losses in other years. Therefore, I cannot categorically state, for all of them, how long they have been supported by the Government. That is only with respect to the parastatals which are involved in commercial activities. The majority of the parastatals which depend on the Government 100 per cent for support are the ones which provide services to the public and are not ... view
• 4 May 2011 in National Assembly: Mr. Temporary Deputy Speaker, Sir, the privatization programme is at various stages. The Privatization Commission, together with the Government Investment Department at the Treasury, is working out modalities, for instance, of privatizing the sugar factories and they are at a very advanced stage. The process has been approved by the Cabinet and anytime, they will be advertized for privatization. The others are at various stages of preparation. Actually, all the parastatals which were meant for privatization have been tabled in Parliament. view
• 4 May 2011 in National Assembly: Mr. Temporary Deputy Speaker, Sir, there is a time frame of two years, but the ones which are lined up for immediate privatization are the sugar factories, which will be advertized anytime. view
• 4 May 2011 in National Assembly: Mr. Temporary Deputy Speaker, Sir, I have said that we have given ourselves a time frame of two years and that there are some which are lined up for immediate privatization. view
• 4 May 2011 in National Assembly: Mr. Temporary Deputy Speaker, Sir, I cannot quantify the amount of money that has been spent. I do not know over what period the hon. Member is talking about. I do not know whether he is talking about the last one or two years or since those parastatals were formed. I do not have those figures with me, but various parastatals which are non-performing submit their requirements every year. Their budget is tabled here in Parliament for approved. view
• 4 May 2011 in National Assembly: Mr. Temporary Deputy Speaker, Sir, the Kenya Ports Authority was one of the parastatals which were lined up for privatization. This was tabled in Parliament and it was also taken to the Cabinet but the Government, because of concerns which have been raised, has put a freeze on the privatization for the time being. view
• 4 May 2011 in National Assembly: Mr. Temporary Deputy Speaker, Sir, one of the parastatals the hon. Member has mentioned; that is the National Bank of Kenya, is making profits and contributing to the Government, despite the fact that it is also lined up for privatization. So, not all the parastatals which are lined up for privatization are loss-making. The ones which are making losses are being privatized not primarily just because they are loss- making, but because the Government’s primary responsibility and duty, as has been stated here before and as a matter of policy, is to divest and not to continue running commercial institutions. ... view