All parliamentary appearances
Entries 231 to 240 of 438.
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19 Jun 2007 in National Assembly:
On a point of order, Mr. Deputy Speaker, Sir.
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19 Jun 2007 in National Assembly:
Mr. Deputy Speaker, Sir, I really appreciate what hon. Ahenda, who is my friend, is saying. However, we must not belittle the Budget by saying that we should even consult our grandmothers. Is he in order to insinuate the same?
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19 Jun 2007 in National Assembly:
And which grandmother?
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23 May 2007 in National Assembly:
Mr. Speaker, Sir, I beg to reply. (a) The NSE is conducting its operations properly. (b) Through the Capital Markets Authority (CMA), the Government will continue to monitor, investigate and take action against any individual or organisation that engages in insider trading activities in accordance with Section 32A(33) of the CMA Act, Laws of Kenya.
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23 May 2007 in National Assembly:
Mr. Speaker, Sir, broadly speaking, the NSE is operating in line with international best practices. However, looking at the growth the NSE has had over the years and looking at the small group of brokers who have been licensed within the NSE, it has been prudent to think about increasing the number of stock brokers who can play a role. The CMA has already commissioned a study which is expected to come out at the end of this month to broadly say how many more brokerages should be in competition with the existing ones so that other brokers can be ...
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23 May 2007 in National Assembly:
Mr. Speaker, Sir, I am unaware of any of Mr. Kajwang's friends who have been licensed to operate as stock brokers. I am, however, aware that the NSE has top brokers who are licensed by the CMA to operate. Secondly, while you operate in a liberalised economy, you expect prices to go up and down; not in the sense of Mr. Kajwang of up and down which is a weighing machine. I expect that the prices are determined by market forces.
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23 May 2007 in National Assembly:
Mr. Speaker, Sir, I think the most important thing is compliance with the Capital Markets Authority (CMA) Act. The exchange has mandated the Nairobi Stock Exchange (NSE) to do on-site review; that is an inspection report, follow-up and implementation. This is to ensure that investors in the stock exchange, not only have the confidence but are protected by these routine inspection reports that are carried on site.
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23 May 2007 in National Assembly:
Mr. Speaker, Sir, I represent the small men that Mr. J. Nyagah purports to represent too. I am here to protect them. In as much he has them in his constituency, I probably have double the figure he has. It is in the interest of this country that any shareholder, no matter the value that the shareholder has in the stock exchange, is guaranteed the confidence of the Nairobi Stock Exchange (NSE). I said here, and I repeat it, that the CMA is carrying out a study which is expected to be out at the end of this month and ...
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23 May 2007 in National Assembly:
Mr. Deputy Speaker, Sir, we did whatever the Mover had done in consultation and we, therefore, second the Motion.
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15 May 2007 in National Assembly:
Mr. Speaker, Sir, I beg to move:- THAT, the Bill be amended by inserting the word "First" before the word "Schedule" at the 1314 PARLIAMENTARY DEBATES May 15, 2007 top of page 1094 to read "First Schedule". THAT, the Bill be amended by inserting the words "Second Schedule" right above the words "Recurrent Expenditure" at the centre of page 1104.
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