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Munya Cracks the Whip on Cartels in Kenya s Food Sector 2 February 2021 - 3:32 pm Agriculture CS Peter Munya speaks at the National Agriculture Summit at Safari Park Hotel on Wednesday, February 26, 2020 Facebook Agriculture Cabinet Secretary, Peter Munya has announced new regulations that are expected to deal with cartels dominating the food industry, particularly in the cereals sector. The new regulations target traders who operate warehouses that deal with food commodities. Such warehouses will only be operated by companies showing the ability to raise adequate capital to cater for the initial investment in infrastructure and three years operational expenses. The companies are to be licensed under the new warehouse receipt system. ....
THE STANDARD By Edwin Nyarangi | February 1st 2021 at 18:31:31 GMT +0300 Nyachae and supporters. [File, Standard] When Simeon Nyachae retired from the Civil Service at the position of Chief Secretary at 55 years of age on February 6, 1987, his intention was to concentrate on managing his vast business empire. In his Autobiography; Walking through the Corridors of Service Mzee Nyachae from on which this story is based, Nyachae said that politics was the last thing that he had in mind at the time having decided to take some time to rest before fully taking over the running of his many investment ventures across the country and abroad. ....
THE STANDARD By Macharia Kamau | February 1st 2021 at 00:00:00 GMT +0300 The National Cereals and Produce Board (NCPB) will no longer store maize and other grains for redistribution to Kenyans in need of relief food. This follows a change of strategy to concentrate on its core mandate. NCPB will instead be a major player in the warehousing industry, competing with private sector players owing to its huge storage facilities strategically located in key grain baskets across the country. NCPB could, however, be ragged by the bureaucracy that characterises State-owned entities as well as loopholes that have in the past made it a soft target for graft through which large sums of money has been lost. ....
NCBP buys 48,600 bags of maize after price review Thursday January 28 2021 By GERALD ANDAE Summary The volume of maize sold to the National Cereals and Produce Board (NCPB) has risen sharply to 48,600 bags, just a week after it raised its purchase price by Sh200 per 90-kg bag. For three weeks, NCBP had only attracted 2,000 bags from farmers disillusioned by its previous price offer of Sh2,500 a bag. This forced the management of the state agency to review the price upwards to Sh2,700 to woo sellers who were already enjoying good price from traders and millers. The volume of maize sold to the National Cereals and Produce Board (NCPB) has risen sharply to 48,600 bags, just a week after it raised its purchase price by Sh200 per 90-kg bag. ....