Thread by @OpenParlyZw

#ICYMI National Assembly sitting today

facebook.com/openparlyzw/vi….

@chikwinya2015 :the lockdown regulations have been eased and it is my plea Hon. Speaker that ZUPCO has demonstrated incapacity to be able to carry every passenger. Therefore, I move that the transporters who then operated outside ZUPCO because the ZUPCO model was no longer viable

Speaker of Parliament Adv J Mudenda : Very important observation, I think His Excellency the President made that observation and indicated that the Minister of Local Government must ensure that ZUPCO buses do keep their times and so on. We will transmit your request accordingly

Hon Munengami : As I am speaking Hon. Speaker, inflation is 500 dollars against the US dollar, which means that our livelihood as Zimbabwe, all things will go up.  There is nothing valuable that we can buy for our livelihoods.  #OpenParlyZW

Speaker of Parliament Adv J Mudenda :.  The issue @MthuliNcube is that the runaway exchange rate, particularly in the illegal market is a cause for concern and the request is if you could make a Ministerial Statement.  A statement to indicate to the Hon. #OpenParlyZW

@MthuliNcube : Thank you Mr. Speaker Sir.  I thank the Hon. Member, I will give the Ministerial Statement next week Thursday. #OpenParlyZW

Speaker of Parliament Adv J Mudenda :Okay, Hon. Minister, next Thursday, agreed to. #OpenParlyZW

@BitiTendai :Mr. Speaker, you run the House. #OpenParlyZW

Speaker of Parliament Adv J Mudenda :
I do not have to be told that, do I have to? #OpenParlyZW

Hon Madzimure :  I am requesting the Minister of Local Government, Hon. July Moyo, that he should come to this House and give us a Ministerial Statement on why the local councils are not staffed by professional personnel because devolution funds are channeled to local councils

@BitiTendai :  I rise on a matter of national interest in terms of Standing Order 68. Yesterday schools opened but the challenge that parents are facing is that the cost of school fees has gone up dramatically. #OpenParlyZW

Speaker of Parliament Adv J Mudenda : Hon. Biti, you have been advised by security to remove your tie. You did so and now you have put it back again. #OpenParlyZW

@BitiTendai: This is not yellow. #OpenParlyZW

Speaker of Parliament Adv J Mudenda : Go and put on a nice one. #OpenParlyZW

Speaker of Parliament Adv J Mudenda : Not in the House.  This is not a dressing room  #OpenParlyZW

@MthuliNcube :I rise to move that Orders of the Day, Numbers 1 to 13 and 15 to 17 on today’s Order Paper be stood over until Orders of the Day, Numbers 14 and 18 have been disposed of #OpenParlyZW

SECOND READING

INSURANCE AND PENSIONS COMMISSION AMENDMENT BILL [H. B. 6, 2021]

Hon Dr Nyashanu : The members of the public raised concern over the missing definition of ‘asset’ in the Bill and the principal act. It was recommended that under this clause, the definition of ‘asset’ be included so that it does not refer to treasury bills or any other assets

Hon Dr Nyashanu: That the strengthening of the mandate of IPEC would contribute to the stabilisation of the pension and insurance industry #OpenParlyZW

Hon Dr Nyashanu : the inclusion of NSSA in the basket of institutions to be monitored and regulated by IPEC is a welcome development, given the many challenges facing NSSA under the Ministry of Public Service, Labour & Social Welfare and medical aid societies under the @MoHCCZim

Hon Dr Nyashanu :That the establishment of the Policyholder and Pensions and Provident Fund Members Protection Fund is a welcome move critical in bringing sanity in the Insurance Industry, particularly when some companies become insolvent and members lose their benefits.

Hon Dr Nyashanu : The Bill fails to give the key stakeholders in the industry the right to give opinion in the selection and appointment of fund board members #OpenParlyZW

Hon Dr Nyashanu : pensioners make the majority of the contributions into the Policyholder & Pensions & Provident Fund Protection Fund, hence the need to review the composition of the board to also include a “pensioner,” who will then ensure that the interests of other pensioners

Hon Dr Nyashanu : The proposed 30% allocation of the Policyholders and Pensions and Provident Fund Protection Fund yearly income to the Board’s expenditure was rather exorbitant and possibly detrimental to the Fund’s effective execution of its mandate. #OpenParlyZW

Hon Dr Nyashanu : The role of the responsible Minister after receiving appeals from insurers were not provided for in the Bill. This would give rise to vagueness, inconsistencies in the processing of the appeals impacting on the credibility of the appeals process #OpenParlyZW

Hon Dr Nyashanu : The roles and duties of the two standing Committees that the Board may appoint were not elaborated in the Bill, hence the need to make sure that the duties are clearly articulated for the avoidance of doubt #OpenParlyZW

@TembaMliswa : Thank you Mr. Speaker Sir.  This Parliament is an institution that represents people, that is the reason why we have public hearings, to have an input form stakeholders in the laws that we make.I am totally against this Bill because the Chairperson of the Committee