Wilberforce Ojiambo Oundo

All parliamentary appearances

Entries 1331 to 1340 of 1537.

• 7 Nov 2018 in National Assembly: Thank you, Hon. Temporary Deputy Speaker. Let me also record that I am a Member of the Committee. We had an opportunity to interact with the stakeholders in respect of this Bill. I stand here to support it. I wish to make a few comments in respect of this Bill. view
• 7 Nov 2018 in National Assembly: One, these amendments are meant to strengthen the role of oversight and supervision of SASRA. When you look at the parent Act, it defines what SACCO business is, what deposit- taking is and what non-deposit-taking SACCO relates to. Specifically, this particular Bill requires that any SACCO that purports to be deposit-taking and offers FOSA that we know, as a The electronic version of the Official Hansard Report is for information purposes only. Acertified version of this Report can be obtained from the Hansard Editor. view
• 7 Nov 2018 in National Assembly: matter of branding and registration must include the word “Deposit-Taking” (DT) to differentiate this SACCO from other SACCOS that not necessarily offer FOSA services. When you look at Section 24 of the principal Act, it lists the procedure for purposes of registration as a SACCO. Those procedures suppose that a SACCO can choose not to register as a DT and not to register and be under the supervision of SASRA. Therefore, we expect this particular Bill and amendments that we will move at the Committee of the whole House to make it mandatory that any SACCO that receives deposits from ... view
• 7 Nov 2018 in National Assembly: Secondly, the other issue is basically the issue of credit sharing. I want to deal with that before I come to the other matters. Many of us have developed own assets because of the SACCOs we have belonged to in the many years we have worked. Some of us have paid school fees and our post-graduate studies using loans from SACCOs. So, it is in our best interest that we ensure that SACCOs remain relevant, productive and serve the people of Kenya with very minimal level of fraud that normally happens all over this country. It will remain relevant and ... view
• 7 Nov 2018 in National Assembly: Therefore, we need to strengthen it. We have some SACCOs in this country that have a bigger capital base than some banks yet banks are heavily regulated by the Banking Act and other relevant Acts. Since all these deal with money and members’ deposits or people’s investments, they surely must be subjected to almost the same stringent regulations by accepting and recognising that the cooperative movement is about relaxing rules to ensure people access their funds at any time to enable them attend to emergencies that might arise. On the question of credit referencing, we need to encourage SASRA and ... view
• 7 Nov 2018 in National Assembly: some form of registration and training so that if they contribute to collapse of a particular SACCO, they should not be allowed to become directors or senior members of staff or any staff at all of any other body. For example, in the banking sector now, if you steal money, it will impossible for you to get a job in another organisation. But, of course, we need to define “significant members” so that SACCOs are not forced to ask even cashiers and the rest to be subjected to the stringent rules. We know SACCOs and the cooperative movement are critical ... view
• 7 Nov 2018 in National Assembly: As I conclude, as a Government, we need to make sure that matatus that purport to be SACCOs and are not SACCOs, they are cooperative societies, are made to use the correct term. They are not SACCOs because they do not mobilise deposits to support other members. They simply come together for the purpose of regulation. We must force the Commissioner of Cooperatives to write to these so-called matatu SACCOs to use the correct term – matatu cooperatives. With those few remarks, I stand to support the Bill. Thank you. view
• 6 Nov 2018 in National Assembly: Thank you, Hon. Deputy Speaker. I rise to support the proposed amendments to the County Governments Act, 2012. The amendments are long overdue because there have been very many challenges with the way the county governments are run, arising out of the lacuna in the law and from typical value-based leadership in the counties. It is commendable that the Senate, for the very first time, has played its role of legislating for purposes of streamlining the management of devolved functions. We cannot over-emphasize the importance of devolved functions. Consequently, as a country and as lawmakers, we must continuously strengthen the ... view
• 6 Nov 2018 in National Assembly: Civil Service. The CPSBs need to be empowered and strengthened to ensure that they are able to recruit persons who have the requisite qualifications, and to ensure that the different shades of the society are truly reflected in the county government. The CPSBs should also ensure that as long as a public servant working in a county government delivers and is able to work according to the terms of employment, he or she should never be victimised merely because he or she is perceived to belong to a different political persuasion. Secondly, it is expected that CPSBs will rationalize employment ... view
• 6 Nov 2018 in National Assembly: Hon. Temporary Deputy Chairlady, I stand to support Hon. Osotsi’s amendment. I want to draw the attention of the House to Article 88(3) of the Constitution. It categorically says that a member of the IEBC shall not hold another public office. When it comes to the IEBC’s role of delineation of boundaries of electoral units, again, the plain reading of the Constitution suggests their roles could only be limited in determining electoral areas. Article 89(2) of the Constitution says that the IEBC shall review the names and boundaries of constituencies at intervals of not less than eight years, and not ... view