Uhuru Kenyatta

All parliamentary appearances

Entries 751 to 760 of 1613.

• 1 Dec 2011 in National Assembly: Mr. Temporary Deputy Speaker, Sir, I rise to make a request with respect to Order No.8 on the Order Paper today. I seek your indulgence and that of the House if this matter could be deferred. The reason for the request for deferment is that as you can see on the Order Paper, there are numerous amendments, or proposed amendments, some of them even new clauses to be inserted into the Finance Bill. Some of these amendments have far reaching consequences not just on matters pertaining to finance but also those that touch on other Ministries. That being the case, ... view
• 1 Dec 2011 in National Assembly: Madam Temporary Deputy Speaker, I beg to move that The Kenya Deposit Insurance Bill (2011) be now read a Second Time. Madam Temporary Deputy Speaker, the Deposit Protection Fund Board was established in 1985 as a body corporate under the Banking Act, Cap.488, Laws of Kenya. Following the banking crisis of 1983/1984, the Act created a fund for the purpose of levying contributions from member institutions and to hold, manage and apply the Fund as mandated by the Banking Act. The purpose of the establishment of the Board and formation of the Fund was to create confidence in the banking ... view
• 1 Dec 2011 in National Assembly: In 1999, the Board commenced operations and the Central Bank made available such facilities and services for the proper and efficient exercise of the functions of the Board as provided for by the Banking Act. Therefore, administrative services for the Board have continued to be provided by the CBK. The mandate of the Deposit Protection Fund Board (DPFB) is summarized under the following core objectives:- (a) To provide a viable deposit insurance scheme for customers or member institutions. (b) To liquidate and wind up operations of any insolvent institution in which the DPFB is appointed liquidator. (c) To prudently hold, ... view
• 1 Dec 2011 in National Assembly: Thank you Madam Temporary Deputy Speaker, and at this early opportunity let me thank all Members for their contributions. Those contributions, indeed, are useful. The objective of this Bill, as I have stated, is to further strengthen the financial sector and ensure that we reduce and minimize risk for all depositors in this country, especially the small depositors as has been stated. This is a process of reform of our financial services and sector that we have started and we intend to continue until we ensure that this country becomes a financial services hub as has been mentioned by Mr. ... view
• 9 Nov 2011 in National Assembly: Mr. Temporary Deputy Speaker, Sir, I also wish to oppose this Motion. view
• 9 Nov 2011 in National Assembly: Mr. Temporary Deputy Speaker, Sir, the reason why we are actually seeking guidance from the Chair is that the substantive matter that is the subject of this Motion is already a subject matter seized by the relevant Departmental Committee. view
• 9 Nov 2011 in National Assembly: Mr. Temporary Deputy Speaker, Sir, I am on a point of order! view
• 9 Nov 2011 in National Assembly: Mr. Temporary Deputy Speaker, Sir, it is a point of order. I am not contributing to this Motion. view
• 9 Nov 2011 in National Assembly: Mr. Temporary Deputy Speaker, Sir, if they will allow me to conclude, I will not even be long. view
• 9 Nov 2011 in National Assembly: Mr. Temporary Deputy Speaker, Sir, I am on a point of order. view