3 Mar 2020 in National Assembly:
Comparative to other Funds, we have direct Funds targeting specific groups like Uwezo Fund, Women Enterprise Fund and Youth Enterprise Development Fund. I can say that the youth fund is moribund. It is not helping our youth in the villages and I cannot remember the last time I saw a youth fund cheque trickling down to the youth that we represent in this House. The Youth Enterprise Development Fund has a lot to learn when it comes to the management of that money from one specific fund that is called the Women Enterprise Fund. That is why I started by ...
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3 Mar 2020 in National Assembly:
I suppose that the Government will borrow a leaf. If we lay down the procedures and the structures that we are setting up in Kiharu, I am sure the Government will see sense and possibly, in future, consider creating a fund specifically for our men. Also, the whole issue of Women Enterprise Fund, Uwezo Fund and the Youth Enterprise Development Fund is around financing, especially financing that is targeted to groups. When we talk about financing, most of the finances in this country, unfortunately, go to ostentations. If you check the loan books in the country especially from commercial banks ...
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3 Mar 2020 in National Assembly:
I also want to talk about start-ups. The three funds that we have and even our commercial banks target businesses that are already going concerns and business that are already solid. This is because as the Englishman says, the bank is the institution that lends you an umbrella when the sun is up and recalls the umbrella when it starts raining. Even our commercial banks are the same. They only lend to you if they are sure that you will give back the money and if eventually you are able to give back the money, it then means you do ...
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20 Feb 2020 in National Assembly:
Thank you very much, Hon. Temporary Deputy Speaker for the chance to contribute. I rise to support this Bill. I come from a region where tea is grown and many families educate their children with the proceeds from tea and coffee farming. It has been irresponsible of us as a county to give such a huge role to a private company in the name of KTDA. We left it to KTDA to look after the affairs of our tea farmers. Before I go to the issue on the creation of the Tea Board of Kenya, allow me to pinpoint a ...
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20 Feb 2020 in National Assembly:
One of the elephants in the room is the marketing of our tea. When I mention tea, it is alongside coffee because I come from a region that grows both the two important crops. We have neglected marketing of our tea. We only market some specific types of tea. That calls for diversification of the tea that we sell out there even as we market it. Majority of people in this country, especially farmers and consumers, are only aware of what we call black tea or chai . In Kenya, when tea is mixed with milk, we call it “white ...
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20 Feb 2020 in National Assembly:
is produced. It is basically about taste and originality. When you are selling coffee out there, even we as Members of Parliament, there is a hotel you can go to and purchase a cup of coffee at Ksh20 while in another hotel you can purchase an equivalent cup of coffee, or tea for that matter, for over Ksh500. In between, there is nothing we can say about supply chain because those are coffees or teas, so to speak. But in terms of value addition, it is added when it comes to brewing and marketing. How do we market our tea ...
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20 Feb 2020 in National Assembly:
Thank you very much, Hon. Temporary Deputy Speaker. I have heard other Members talk about AFA. There is no way as a farmer you can expect a dead and buried cow to give you milk, however much you feed it. AFA is a dead cow. The much we can do is to raise up another calf and feed it well to give us the desired results. Therefore, it is timely for us to constitute the Tea Board so that all the areas affecting our farmers can be looked at. I am in the process of drafting the Guaranteed Minimum Returns ...
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14 Nov 2019 in National Assembly:
Thank you very much, Hon. Temporary Deputy Speaker, for giving me the opportunity to support this Report by the Committee. It is a very good and brilliant move to standardise taxation in this county. As you have seen recently, there has been a lot of hullabaloo as far as taxation cases are concerned.
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14 Nov 2019 in National Assembly:
Before I go there, one of the principles of taxation is simplicity. The case of tax refunds as it was there before, and especially when it comes to zero-rated commodities, that was faced by the importers was a quagmire of some sort. As you know, our tax authorities are very agile when it comes to collecting tax and penalising those who do not pay tax in time but they are very slow when it comes to tax refunds. Tax refunds are an input to the people, especially those who import raw commodities to add value. Therefore, any time lost in ...
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14 Nov 2019 in National Assembly:
I also want to talk about a few things when it comes to taxation. Of late, we have seen a very overzealous Director of Public Prosecutions (DPP), and especially when it comes to business people being taken to court ostensibly because of not paying tax. One of the other very important principles of taxation is the ability to pay. This principle is edged on the assumption that you cannot tax a person more money than he can pay. I listened to some of the cases that were taken to court recently. Some of the tax which is being asked from ...
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