Dr. Patrick Mweu Musimba

All parliamentary appearances

Entries 31 to 40 of 525.

• 19 Oct 2021 in National Assembly: Thank you, Hon. Temporary Deputy Speaker, for this opportunity. First and foremost, I congratulate the Chair of the Departmental Committee on Transport, Public Works and Housing, Hon. Pkosing for the energy he has so far displayed as he steers one of the most critical facets of our economy, which is connectivity, to ensure that we grow our presence in the League of Nations. It is imperative that we rekindle the renaissance dream of Africa that our predecessors like Mandela, Kwame Nkrumah, the late Jomo Kenyatta and Haile Selassie had about the African Continent. Indeed, that can only be achieved by ... view
• 19 Oct 2021 in National Assembly: I think this is an agreement whose time has come and through the Committee, we need to keep pushing the Executive to map out every country in Africa where we do not have our footprint and rationalise all our investors to go there. Since many of our banking footprints have already reached many countries, we are able to support them and grow. view
• 19 Oct 2021 in National Assembly: Hon. Temporary Deputy Speaker, with those remarks, I wish to support. Thank you. view
• 19 Oct 2021 in National Assembly: Thank you, Hon. Temporary Deputy Speaker, for giving me this opportunity once again. Today is an exciting day especially when you see things from the Cabinet in 2020 getting to this House for immediate ratification. In signing this Agreement, we are launching Kenya onto the world map. We are talking about non- aligned States coming into partnership with us. We are actually bringing down what used to be the cold war front and saying Kenya is open for business. I think the Committee, with a progressive Chair and progressive Members needs to go a step further. We have to start ... view
• 19 Oct 2021 in National Assembly: Port in Lamu. These are things which are complimentary. We are able to get a lot of technical input but, more importantly, for investors to come and partner with us and move through, because when we are thinking about those projects, being able to put up a rail link between Lamu through to South Sudan, those are the projects which are going to take a CapEx of almost a trillion shillings moving forward in the next five years. We need to be thinking strategically on how to package this, what sort of partners we have and the incentives that will ... view
• 6 Oct 2021 in National Assembly: Thank you, Hon. Temporary Deputy Chairlady. I rise to just give a caveat on this particular clause. I think we need to be cognisant of the matter that has been raised by Hon. Eseli. The minute we give our farmers – as much as we want to protect their interest – 51 per cent shareholding, and we know that companies do make losses, we could be exposing farmers to further grief and also exposing the sugar mill. Hon. Deputy Chairlady, there are also instances when a company has further capitalisation, ending up having impact of delusion of your shareholding in ... view
• 5 Oct 2021 in National Assembly: Thank you, Hon. Speaker for giving me this opportunity. While I support the Committee’s endeavour to comprehensively look into the issue of fuel pricing, I would like to draw the attention of the House to the principles of taxation – fairness and equity to the citizenry. One of the things I would ask the Committee to pay special attention to is the high Corporate Tax burden in Kenya, which currently stands at 32 per cent. We cannot have commodities in Kenya that have been taxed over and above 30 per cent, 32 per cent and 60 per cent. As an ... view
• 5 Oct 2021 in National Assembly: Thank you, Hon. Speaker for giving me this opportunity. While I support the Committee’s endeavour to comprehensively look into the issue of fuel pricing, I would like to draw the attention of the House to the principles of taxation – fairness and equity to the citizenry. One of the things I would ask the Committee to pay special attention to is the high Corporate Tax burden in Kenya, which currently stands at 32 per cent. We cannot have commodities in Kenya that have been taxed over and above; 30 per cent, 32 per cent and 60 per cent. As an ... view
• 19 Aug 2021 in National Assembly: Thank you, Hon. Temporary Deputy Speaker, for giving me this opportunity to contribute to this Bill. At the outset, I commend the Departmental Committee on Finance and National Planning, ably led by Hon. Gladys Wanga and my good friend and neighbour Hon. Waihenya, for having had the temerity to address themselves to this particular aspect of finance to catch up with innovation. We always play catch-up. Change is constant, but it seems our regulatory authorities play catch-up, especially in the realm of money. We have, for instance, now that we are talking of digital lenders, issues to do with velocity ... view
• 19 Aug 2021 in National Assembly: Major transactions occur through crypto currencies though in a virtual frame. How then do our regulators collect taxes? How do you pinpoint what transaction took place and when? It is blind to any single regulator yet we are not proactive enough. We know all our developmental programmes are all pegged on how we collect our taxes. Our developmental programmes, moving forward; our commitment to lenders is pegged on our tax collections yet there is no proactivity in terms of how to step into that space and see how to get that realm. Today we are doing lending and there is ... view