Hon. Richard Nyagaka Tongi

All parliamentary appearances

Entries 491 to 500 of 598.

• 6 Aug 2015 in National Assembly: company as any company which has a turnover of less than Kshs5 million, in their wisdom, then it is only fair that we expand the same idea so that we do not contravene what the law in KRA provides for. Therefore, we will be advancing and supporting the small businessman who is actually the reason we are here today. That way, we will be able to get more income in terms of taxes from the many people who are going to do businesses. When you talk of the Kshs50 million threshold which my colleague was taking about, I also find ... view
• 8 Jul 2015 in National Assembly: Thank you, Hon. Temporary Deputy Speaker for the opportunity to add my voice to this wonderful amendment to the Bill. Everybody’s business is nobody’s business in the principles of management. We have a Chief Executive Officer who is a powerful person. The commissioners are also powerful. When both parties are full-time, then we are causing confusion in the management of the EACC. I am glad that our Committee saw it fit to move the amendment so that we can have the commissioners working part-time so that they can be more answerable to the Chief Executive Officer. Also, I propose that ... view
• 8 Jul 2015 in National Assembly: given an opportunity as a Senior Counsel of the country, maybe that would not have happened. What befell the outgoing Chairman would never have happened. Having said all that, we all appreciate that corruption has killed the future generation of Kenya. The future generation is being destroyed because of beer and corruption. Our old people are not being paid the monies they deserve. Because of corruption, many things are not working. The systems are not working. We all have a duty, as leaders, to make a difference. The way to make a difference is to ensure that we are passing ... view
• 2 Jul 2015 in National Assembly: Hon. Temporary Deputy Chairman, I would like to get more information other than what the Departmental Committee Chair has said. The Order Paper that I have says that Clause 29 be amended in Subclause (1) paragraph (f) by deleting the words “one hundred thousand shillings” and substituting therefore the words “one million shillings.” So, unless the amendment is different, the Departmental Committee Chair is being economical with information. view
• 2 Jul 2015 in National Assembly: Yes, Hon. Temporary Deputy Chairman, though I would have desired to have a bigger penalty in view of the fact that people deal with billions of shillings. view
• 2 Jul 2015 in National Assembly: Thank you, Hon. Temporary Deputy Chairman. I am guided. view
• 2 Jul 2015 in National Assembly: Hon. Temporary Deputy Chairman, this will discourage the new people who are going to come on board and mess up with the stock market, because that becomes the gist of any economy in the world. It is a measure of how the economy is doing. Therefore, we should only allow people who understand and who are disciplined enough to do the right thing in the stock market. view
• 2 Jul 2015 in National Assembly: Thank you, Hon. Temporary Chairman. Once again, in the interests of the opportunity, the clause we are amending, in my opinion, should not be amended. These are the reasons why I think so. Securities and investment--- view
• 2 Jul 2015 in National Assembly: Clause 39. view
• 2 Jul 2015 in National Assembly: The Chairman is proposing that the Clause be amended by deleting the “words securities and investment” and substituting therefor the words “investment and financial”. My understanding of “securities and investment” is that they cover a wide area. The scope of securities and investments is much wider than when we limit ourselves to investment and financial, because securities include even future investments that we are talking about and future market. The commodity market, as well, is addressed under securities and investment; but when we talk of investment and financial, we limit ourselves to the financial market and financial institutions, which in ... view