Uhuru Kenyatta

All parliamentary appearances

Entries 831 to 840 of 1613.

• 18 Oct 2011 in National Assembly: Mr. Temporary Deputy Speaker, Sir, for banks to serve their customers well while they are outside the country on holiday or on business trips, I have proposed to amend the Banking Act to allow banks to enter into arrangements with banks outside of Kenya to offer limited banking services to Kenyans who are abroad. view
• 18 Oct 2011 in National Assembly: Mr. Temporary Deputy Speaker, Sir, currently, the Insurance Act does not provide for the regulator to assume control over the assets of a troubled insurer, thus creating room for misappropriation of its assets. In order to protect the interests of policy holders, I have proposed to amend the Insurance Act in order to empower the Insurance Regulatory Authority to assume control over the assets of a financially troubled insurer. view
• 18 Oct 2011 in National Assembly: Mr. Temporary Deputy Speaker, Sir, these are among some of the measures that I wish to introduce through this Bill, but as I said, hon. Members will have time at the Committee Stage to deliberate on all the rest. view
• 18 Oct 2011 in National Assembly: Mr. Temporary Deputy Speaker, Sir, with these few remarks, I beg to move and I request hon. Michuki to second the Bill. view
• 18 Oct 2011 in National Assembly: Thank you very much. view
• 18 Oct 2011 in National Assembly: Madam Temporary Deputy Speaker, I want to thank all the Members for their comments and to assure them that their comments will be definitely taken on board. I agree, especially with hon. Mungatana, on the need to ensure that fines that we are putting are, indeed, punitive because ultimately, the objective is to ensure these kinds of practices do not continue. So, if the figure that we have is not adequate, I would really have no problem with us trying to increase it. view
• 18 Oct 2011 in National Assembly: With those few remarks, I beg to move. view
• 18 Oct 2011 in National Assembly: Madam Temporary Deputy Speaker, I beg to move that The Capital Markets (Amendment) Bill, 2011, be now read a Second Time. view
• 18 Oct 2011 in National Assembly: The Government has continued to support the development of capital markets, particularly in enhancing the policy and regulatory framework, which has been instrumental in widening the scope of issuance and investors in the market. These efforts by the Government have so far helped create the suitable environment for mobilization of long-term resources to finance growth-based projects in our economy. As a result of this, a number of shares traded in 2010 peeked at Kshs 6 billion while bond turnover rose to a historical high of Kshs476 billion. The market capitalization for equities on the other hand, rose from Kshs101 billion ... view
• 18 Oct 2011 in National Assembly: Madam Temporary Deputy Speaker, in my last year’s Budget Speech, I announced measures to be taken to improve on food security and to cushion our farmers against low prices for their produce. In order to make this a reality, I have proposed to amend the Capital Markets Act to allow for a regulated commodity futures market. This measure will go a long way to facilitate the establishment of a futures exchange to serve as a platform for trading futures contracts of multi asset classes such as currency, minerals and energy derivatives. view