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{
    "id": 1277094,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1277094/?format=api",
    "text_counter": 39,
    "type": "speech",
    "speaker_name": "Mbeere North, DP",
    "speaker_title": "Hon. Ruku GK",
    "speaker": null,
    "content": " Hon. Speaker, I beg to give notice of the following Motion: THAT, aware that, Kenya National Trading Corporation (KNTC) Limited is a State Corporation in the Ministry of Industry, Trade and Investment; recalling that KNTC was established under Sessional Paper No.1 of 1965 in recognition of the importance of trade and industry in economic development of the then newly independent Kenya; noting that, among other functions, the corporation acts as the procurement agent for the Government and participates in promotion of wholesale and retail trade with a view to strengthening and promoting supply chain of essential products in the country; appreciating that the corporation plays a crucial role in supporting Micro, Small and Medium Enterprises (MSME) sector through the supply of raw materials, provision of consultancy services and the identification of markets for their products; concerned that the price of foodstuffs and other essential basic commodities in the country have incredibly risen, causing majority of Kenyan households financial distress in the face of surging inflationary pressures, weakening shilling, high cost of fossil fuels, supply chain gaps, declining agricultural productivity orchestrated by high input prices, climate change and variability; concerned that the decline in local food production has been progressively pushing Kenya to the edge of becoming a net importer of foodstuff; noting that the prices of foodstuff and other essential goods imported into the country by merchants have also been on the rise; acknowledging that Government-to-Government arrangements and frameworks are important drivers in trade, economic integration and bears better outcome in pushing downward pressure on costs for goods and stabilising market supply conditions; now therefore, this House now resolves that the Ministry of Industry, Trade and Investments urgently establishes a policy framework to facilitate Government-to- Government contractual agreements for importation and distribution of foodstuff and other essential goods to the country through the Kenya National Trading Corporation Limited with a view to normalising market supply conditions and prices for such basic food commodities. Thank you, Hon. Speaker."
}