Thomas Mwadeghu

All parliamentary appearances

Entries 431 to 440 of 604.

• 14 Mar 2012 in National Assembly: Kwa haya mengi, Mhe Naibu Spika, naomba niiunge mkono Hoja hii. view
• 7 Mar 2012 in National Assembly: Bw. Spika, nchi hii imekuwa ni nchi ya milingoti. Safaricom ina mlingoti wake. Airtel Kenya nayo ina mlingoti wake. Wengine pia wana milingoti yao. Kwa nini hawa wote wasitumie mlingoti mmoja? Nchi yetu imekuwa ya milingoti. Labda hata Bw. Waziri Msaidizi utaitwa Waziri wa Milingoti. view
• 7 Mar 2012 in National Assembly: Mr. Deputy Speaker, Sir, could the Minister also shed some light even on other roads like the Mwatate-Taveta Road? view
• 7 Mar 2012 in National Assembly: On a point of order, Mr. Deputy Speaker, Sir. The same Minister has been coming here and telling us year after year that the Taveta-Mwatate Road will be done and they are doing nothing. That is why I have taken this opportunity. I know he is in a position to shed some light. Could you, please, indulge my request with a lot of humility and humbleness? view
• 7 Mar 2012 in National Assembly: On a point of information, Mr. Deputy Speaker, Sir. Those of us who have had the privilege of working with CBK do know very well that what the hon. Member is saying is that opening that window and allowing it to be misused the way it was misused was equivalent to printing money. That is all he is saying. view
• 7 Mar 2012 in National Assembly: Mr. Deputy Speaker, Sir, let me declare my interest in this matter. I am a former employee of Central Bank of Kenya (CBK) and worked there for four years. view
• 7 Mar 2012 in National Assembly: Mr. Deputy Speaker, Sir, what is at stake here is not whether or not there have been effects on the Euro markets. The issue at hand is: Who was supposed to intervene? As far as I am concerned, banks go for inter-bank borrowing to correct their liquidity ratios. If their ratios are not proper, they will not be allowed in the clearing house. So, they go to borrow from each other. In this case, we had a discount window which was opened by CBK for commercial banks to borrow. Was there a crisis or liquidity problem? There was none. So, ... view
• 7 Mar 2012 in National Assembly: Mr. Deputy Speaker, Sir, let me move to the second point. For those who are conversant with the accounting principles, let us look at what is going to happen to those banks at the end of the year. Because of the interest rates, most of the borrowers will be unable to service their loans, resulting in banks making substantial provisions in their accounts. Irrespective of the fact that they have made massive profits from that trading, the fact remains that they are going to make provisions in their accounts. The ordinary view
• 7 Mar 2012 in National Assembly: , saw miller or farmer out there, who has to buy inputs, has got to pay almost twice as much because of the interest rates and prices. Is this the same person that we are protecting? view
• 7 Mar 2012 in National Assembly: Mr. Deputy Speaker, Sir, let us look at the staff of CBK. We have had staff changes and it could be the Governor, at this particular point, missed somebody to assist him. But the truth remains that so many problems of exchange rates, interest rates and inflation are there. The CBK Governor, being an intelligent man, has intervened. But at what point did he intervene? He intervened when this Committee was set up. He should have intervened earlier and this problem would have been solved. To me, somebody has to take responsibility. He did not intervene on time and that ... view