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"FORMULATE A POLICY FRAMEWORK TO REVIEW THE BANKING ACT TO RENEGOTIATE THE REPAYMENT TERMS OF THE LOANS", SEN. WAHOME WAMATINGA.

Nyeri County Senator Wahome Wamatinga wants 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.

Through a motion in the Senate, Sen. Wamatinga argues that such an action by the National Treasury and Economic Planning will provide cushion for Kenyans with non-performing loans and prevent the loss of their movable assets.

SPEAKER KINGI SAYS DEMOCRACY CANNOT WORK WITHOUT RULE OF LAW

Senate Speaker Amason Kingi has said that democracy cannot thrive in the absence of the rule of law.

The Speaker said the entrenchment of the rule of law in politics and systems of governance is a key element in cushioning democracy on the continent.

“If the rule of law reigns, democracy thrives,” Speaker Kingi said, adding failure to respect the rule of law undermines democracy.

PICCAE CALLS FOR CONTRACT TENDER DOCUMENTS AND A COPY OF LPG CONTRACT

The National Assembly Public Investments Committee on Commercial Affairs and Energy has today directed the Energy and Petroleum Regulatory Authority (EPRA) to present documents relating to the issuance of a contract to a service provider for the provision of Liquefied Petroleum Gas (LPG) compliance inspection services in March 2019.

The Committee Chaired by Hon. David Pkosing issued this directive after Members raised concerns that the Authority's responses in relation to the contract were underwhelming.

SPEAKER WETANG’ULA LAUDS KEWOPA’S PUSH FOR THE REALIZATION OF GENDER EQUALITY

National Assembly is keen on working with the Kenya Women Parliamentary Association (KEWOPA) to uplift female Parliamentarians and budding women in leadership, the National Assembly Speaker Rt. Hon. Moses Wetang’ula has said.

In a meeting with the recently elected KEWOPA Executive, Speaker Wetang’ula commended the caucus's efforts in pushing for gender equality in Parliament. He lauded KEWOPA for playing a significant role in pushing for the enactment of laws and policies that promote gender equality and women empowerment in Kenya. 

TRADE COMMITTEE QUESTIONS PS AND EAST AFRICAN PORTLAND CEMENT OFFICIALS ON EAPC PERFORMANCE

The National Assembly Departmental Committee on Trade, Industry & Cooperatives engaged the Managing Director for East African Portland Cement (EAPC) Ltd, Mr. Oliver Kirubai, and the PS for the State Department of Industry, Dr. Juma Mukhwana in regard to the dwindling performance of EAPC Ltd.

The company registered a 71.3 percent reduction in profits after tax by June 2022 and is facing challenges from squatters and grabbers who are in possession of fake title deeds.

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