Wahome Wamatinga

All parliamentary appearances

Entries 371 to 380 of 620.

• 1 Nov 2023 in Senate: NOW THEREFORE, the Senate urges the National Treasury and Economic Planning to come up with a policy framework to review the Banking Act in order to renegotiate the repayment terms of the loans and provide cushion for Kenyans with non-performing loans and prevent the loss of their movable assets. view
• 1 Nov 2023 in Senate: NOW THEREFORE, the Senate urges the National Treasury and Economic Planning to come up with a policy framework to review the Banking Act in order to renegotiate the repayment terms of the loans and provide cushion for Kenyans with non-performing loans and prevent the loss of their movable assets. view
• 1 Nov 2023 in Senate: Mr. Temporary Speaker, Sir, we are all aware that we have come from very hard economic times. Coming at the backdrop of the COVID-19 Pandemic has seen many Kenyans economic opportunities dwindle by the moment. We have a highly educated population which is composed of large percentage of young Kenyans who have endeavored to get jobs in vain. Therefore, being enterprising as they are, they have decided to start their own enterprises and the only option they have, because of the unfavourable conditions in the banking institutions we have in this country, is to borrow money from micro finances and ... view
• 1 Nov 2023 in Senate: Mr. Temporary Speaker, Sir, we are all aware that we have come from very hard economic times. Coming at the backdrop of the COVID-19 Pandemic has seen many Kenyans economic opportunities dwindle by the moment. We have a highly educated population which is composed of large percentage of young Kenyans who have endeavored to get jobs in vain. Therefore, being enterprising as they are, they have decided to start their own enterprises and the only option they have, because of the unfavourable conditions in the banking institutions we have in this country, is to borrow money from micro finances and ... view
• 1 Nov 2023 in Senate: The electronic version of the Senate Hansard Report is for information purposesonly. A certified version of this Report can be obtained from the Director, Hansard and AudioServices, Senate. view
• 1 Nov 2023 in Senate: The electronic version of the Senate Hansard Report is for information purposesonly. A certified version of this Report can be obtained from the Director, Hansard and AudioServices, Senate. view
• 1 Nov 2023 in Senate: they go and seize their assets, store them with their auctioneers. The most unfortunate, as I had said earlier on, the owners are required to pay both for the instalment storage. It is against the rule of natural justice to punish someone for the same offense multiple times, they are forced to pay higher interests, they are blacklisted and consequently, their ratings on credit, on credit reference are also lowered. This is multiple punishment for the young people. As a country that is looking forward to attracting investors, we know that charity begins at home. We must start by creating ... view
• 1 Nov 2023 in Senate: they go and seize their assets, store them with their auctioneers. The most unfortunate, as I had said earlier on, the owners are required to pay both for the instalment storage. It is against the rule of natural justice to punish someone for the same offense multiple times, they are forced to pay higher interests, they are blacklisted and consequently, their ratings on credit, on credit reference are also lowered. This is multiple punishment for the young people. As a country that is looking forward to attracting investors, we know that charity begins at home. We must start by creating ... view
• 1 Nov 2023 in Senate: It is an open secret that most young people are falling into depression because of the financial crisis that has been created as a result of a system that is insensitive, especially in the banking sector. It is insensitive to the challenges they are arising. We have seen the cost of loans going up every day, and access to the money market is becoming complicated for people who do not have collateral to put into the banks. view
• 1 Nov 2023 in Senate: It is an open secret that most young people are falling into depression because of the financial crisis that has been created as a result of a system that is insensitive, especially in the banking sector. It is insensitive to the challenges they are arising. We have seen the cost of loans going up every day, and access to the money market is becoming complicated for people who do not have collateral to put into the banks. view