Timothy Wanyonyi Wetangula

All parliamentary appearances

Entries 361 to 370 of 577.

• 14 Apr 2016 in National Assembly: Thank you, Hon. Deputy Speaker. I also want to contribute to this Speech on the State of the Nation Address. The Constitution in Article 132(1)(c) states that:- “(1) The President shall— (c) once every year— (i) report, in an address to the nation, on all the measures taken and the progress achieved in the realisation of the national values, referred to in Article 10; (ii) publish in the Gazette the details of the measures and progress under sub-paragraph (i); and (iii) submit a report for debate to the National Assembly on the progress made in fulfilling the international obligations of ... view
• 13 Apr 2016 in National Assembly: Thank you, Hon. Deputy Speaker. I also want to support the Banking (Amendment) Bill. For a long time banks have taken Kenyans for a ride. Sometimes people who want to engage in business apply for a loan and the bank gives them a different rate at the time of borrowing but at the time of paying the loan you end up paying maybe twice or even three times the amount you borrowed. This is something that has really frustrated many Kenyans and many people have decided never to take loans from banks. They go to shylocks who operate unofficially. Mostly, ... view
• 13 Apr 2016 in National Assembly: It is high time that financial institutions are regulated. When somebody is engaged in business or wants to make an investment and applies for a loan, the same rate he got at the time of borrowing should apply until the loan is repaid. So, this Bill is very important. If rates are fixed and applied as per the law, I am sure it will save many Kenyans who want to do business. Mostly, they are stranded because they cannot access cheap credit facilities. It is high time the Government came in to provide control over rogue banks. Banks are making ... view
• 13 Apr 2016 in National Assembly: Today, when we look at the operation of banks we see the failure of the regulator, the CBK in providing leadership in the management of these banks that are stealing from Kenyans. People open accounts and make their deposits and even their little investment is stolen by a few people who run away. Most of these people go scot-free. By the time we come to know what is happening, like at Chase Bank, they have walked away with billions of shillings. Kenyans who had deposited money in that bank are left stranded. The regulator has failed to deal with rogue ... view
• 13 Apr 2016 in National Assembly: If you look at a bank like Equity Bank - I am not saying that Equity Bank has problem - if it collapses today, it will affect the whole country and the economy might come to a standstill because it operates at almost every level of our villages. Many Kenyans have accounts in the bank. view
• 13 Apr 2016 in National Assembly: As I support this Bill which has come at the right time, as we try to provide a ceiling--- view
• 30 Mar 2016 in National Assembly: Thank you, Hon. Deputy Speaker. I wish to support this Motion brought by my good friend, Hon. Ferdinand Wanyonyi. Identity cards are important documents in this country. Every citizen has a right to be registered. This document gives you access to many services. Without it, you cannot open a bank account or register as a voter. There are so many young Kenyans who have been denied access to this important document simply because the personnel and the Government functionaries have put a lot of hurdles in their way. For instance, communities from the border communities are so disadvantaged because they ... view
• 24 Mar 2016 in National Assembly: Thank you. I wish to contribute to this Bill, the Division of Revenue Bill. We are working under the new dispensation of our new Constitution where we have two levels of government. It has been provided that the national Government shall allocate some revenue to the counties. We need to look at the way this revenue as given to the county government is being used. As part of our oversight role, we should continue looking at it so that we minimise wastage. What we are experiencing is wastage both at the national Government and at the county government. It is ... view
• 24 Mar 2016 in National Assembly: disadvantaged because Nairobi needs more revenue for its own performance. Nairobi should be treated in a more special manner than these other counties. When we are allocating revenue, Nairobi should be looked at in a more specific way knowing very well that it is generating most of this income that is being given to these other counties. The other thing that we need to look at is how the county governments collect revenue which they are supposed to top up with what they are getting from the central Government. One of the things we noticed is that these counties under ... view
• 24 Mar 2016 in National Assembly: This is common sense; even the allocation of revenue is not the same. We are talking about equitable allocation of revenue. I only gave the example of Nairobi being the place which is generating most of this revenue and yet it is being placed almost at the same level with other counties. When you look at the devolution of the health sector and the allocation of funds to these hospitals, most of these Level 5 hospitals at the county level do not have capacity to handle some of this equipment that is being given to them. Again some of this ... view