The National Assembly is in the process of enacting three Bills aimed at dealing with corruption, enhance fair business competitiveness and make Kenya a more attractive destination for foreign direct investment.<\/p>\n
National Assembly Speaker Moses Wetang\u2019ula said the proposed legislations would be one of the key catalysts for the economic advancement of Kenya.<\/p>\n
The proposed legislations include; Public Procurement and Asset Disposal (Amendment) Bill, 2024, the Conflict of Interest Bill, 2024 and the Whistleblower Protection Bill, 2023.<\/p>\n
\u201cThe House is currently considering the Whistleblower Protection Bill, 2023; which primarily seeks to set out the procedures for the disclosure of information on improper conduct within the public and private sectors and to provide for the protection of the people making such disclosures,\u201d said Hon Wetang\u2019ula.<\/p>\n
Once enacted, Wetang\u2019ula says, \u201cthis would significantly increase collaborative efforts between the private sector and government to combat corruption and promote more transparent, accountable and ethical business practices,\u201d<\/p>\n
He noted that this would make Kenya a more attractive destination for foreign direct investment.<\/p>\n
Speaking during the Speaker\u2019s Round Table with the Kenya Private Sector Association (Kepsa) in Naivasha, Hon Wetang\u2019ula explained that the Conflict of Interest Bill, 2024, which is presently undergoing mediation provides a robust legal framework for the management of conflict of interests in the discharge of official duties by public officers.<\/p>\n
Hon Wetang\u2019ula said the proposed Public Procurement and Asset Disposal (Amendment) Bill, 2024, which is currently under consideration by the Finance and National Planning Committee seeks to reduce the cost of tendering by simplifying and computerizing the evaluation of tenders and also to professionalize the public procurement practice.<\/p>\n
\u201cThe legislative proposal further seeks to enhance the guiding principles to be adhered to in Public Procurement and Asset Disposal by state organs and public entities,\u201d he explained.<\/p>\n
Said Hon Wetang\u2019ula: \u201cThis amendment will enhance transparency in the procurement processes and promote competitive bidding, which inevitably will contribute to creating a better hub for entrepreneurship to thrive\u201d.<\/p>\n
The Speaker further added that there are various legislative proposals and Bills which seek to enhance the competitiveness of our country in the agricultural, health, education, energy, transport, finance, insurance, ICT and other key economic sectors, that are before the Committees of the National Assembly, for consideration.<\/p>\n
He asked Chairpersons and Vice-Chairpersons of the Committees to aptly expound on and delve into their Committees\u2019 legislative interventions aligned with the Roundtable\u2019s theme. \u201cleveraging the role of the legislature in enhancing Kenya\u2019s competitiveness for the creation of jobs, wealth, and inclusive prosperity\u201d.<\/p>\n
Hon Wetang\u2019ula pointed out that the engagement between National Assembly Leadership and Kepsa underscores the critical nexus between legislative action and economic development.<\/p>\n
\u201cI commend Kepsa for their unwavering commitment, over the years, towards engaging with the National Assembly in the review and enactment of laws that spur increased economic growth, shared wealth and inclusive opportunities for our people,\u201d he added.<\/p>\n
The post MPs enacting bills to combat corruption, enhance business environment<\/a> first appeared on KBC<\/a>.<\/p>\n The post MPs enacting bills to combat corruption, enhance business environment<\/a> appeared first on KBC<\/a>.<\/p>","protected":false},"excerpt":{"rendered":" The National Assembly is in the process of enacting three Bills aimed at dealing with corruption, enhance fair business competitiveness and make Kenya a more attractive destination for foreign direct investment. National Assembly Speaker Moses Wetang\u2019ula said the proposed legislations would be one of the key catalysts for the economic advancement of Kenya. The proposed […]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-100636","post","type-post","status-publish","format-standard","hentry","category-uncategorized","entry"],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"","jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/chezaspin.com\/blog\/wp-json\/wp\/v2\/posts\/100636","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/chezaspin.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/chezaspin.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/chezaspin.com\/blog\/wp-json\/wp\/v2\/comments?post=100636"}],"version-history":[{"count":0,"href":"https:\/\/chezaspin.com\/blog\/wp-json\/wp\/v2\/posts\/100636\/revisions"}],"wp:attachment":[{"href":"https:\/\/chezaspin.com\/blog\/wp-json\/wp\/v2\/media?parent=100636"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/chezaspin.com\/blog\/wp-json\/wp\/v2\/categories?post=100636"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/chezaspin.com\/blog\/wp-json\/wp\/v2\/tags?post=100636"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}