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{
    "id": 429238,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/429238/?format=api",
    "text_counter": 64,
    "type": "speech",
    "speaker_name": "Hon. Gaichuhie",
    "speaker_title": "",
    "speaker": {
        "id": 17,
        "legal_name": "Nelson Ributhi Gaichuhie",
        "slug": "nelson-gaichuhie"
    },
    "content": "Hon. Deputy Speaker, the Member stated that the monopoly has discouraged other companies from investing in the business and yet, there is no law in Kenya that monopolizes the trade in nuts. Hon. Aburi requested the Chairperson of the Committee to specifically inquire into and report on:- (i) why Kenya Nut Company is being allowed to monopolize the trade in Macadamia nuts contrary to the law; and (ii) what the Government was doing to rectify the situation and make the market competitive to allow other companies to trade. After getting a response from the National Treasury, the Committee wishes to respond as follows:- M/s Kenya Nut Company is not the only company licensed to trade in international and local business of processing, supply, distribution, importation and exportation of Macadamia nuts. Currently in Kenya, we have 12 companies with a domestic capacity for Macadamia and Cashew nuts of over 90,000 metric tonnes per year. This is contrary to the Member’s assertion that it is only Kenya Nut Company. A list of the 12 companies is here and I will read the names. As reflected in the annex, there is no single company with dominance going by their respective market shares. In order to create better outcome in the market, the Government, through the Ministry of Agriculture, imposed a ban on exports of raw nuts as per Gazette Notice Order No.109 of 16th June, 2009 due to the continued declining performance of the nut industry in the preceding 20 years. The ban imposition was informed by holding two stakeholders consultative meetings of the nut industry and a report on the nuts taskforce recommending a ban on exportation of raw nuts in order to boost performance. This was further emphasized in Kenya’s long-term development plan, Vision 2030 and the subsequent papers, Medium-Term Plan 2008 to 2012, the Agriculture Sector Development Strategy, 2010 to 2020 and the Ministry of Agriculture Strategic Plan, 2008 to 2012 which also recommended value adding to agricultural produce, including Macadamia, before export in order to avail raw materials for domestic industries, creating employment locally, earning high foreign incomes, promoting local industrialization, The electronic version of the Official Hansard Report is for information purposesonly. A certified version of this Report can be obtained from the Hansard Editor."
}