3 Jul 2008 in National Assembly:
Mr. Deputy Speaker, Sir, we can dispose of the Question, then I will go and inquire whether the report is there. I will bring it.
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3 Jul 2008 in National Assembly:
I will bring it, Mr. Deputy Speaker, Sir.
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3 Jul 2008 in National Assembly:
Next week, Mr. Deputy Speaker, Sir.
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25 Jun 2008 in National Assembly:
Mr. Deputy Speaker, Sir, I beg to reply. (a) I am aware that Mumias Outgrowers Company (MOCO), established by an Act of this House as a trustee for sugar-cane farmers converted into MOCO (1998) Company limited by shares. (b) I have already tabled the list of the shares, names of the people and we have 16,839,118 shares. The company has never paid any dividends, because it has been making losses all through. I have a copy of the balance sheet, which I will pass to the hon. Member. (c) The company offers the following services for the welfare of farmers ...
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25 Jun 2008 in National Assembly:
Mr. Deputy Speaker, Sir, this company is no longer a trustee, and the Government ceased to be involved in it when it was changed to a private company. It is being run by the people and they can do with it what they want. The Government is not involved at all.
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25 Jun 2008 in National Assembly:
Mr. Deputy Speaker, Sir, this company is owned by specific people. I gave the shareholders who number 60,000, and number of shares is 16,830,000. This company was formed to manage the affairs of the growers of Mumias Sugar Company. These people formed their own company. Previously, it was guaranteed by the Government. Now, they went ahead and were allowed to form a company limited by shares. They continue to own the shares. The Government just looks at the company the way it looks at others. There is no specific involvement of the Government. They operate and run it; it is ...
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25 Jun 2008 in National Assembly:
Mr. Deputy Speaker, Sir, this is a company. It has directors. They can sit and make decisions as to how they want to operate the company. The Government cannot regulate what they do. So long as they live within the mandate they were allowed by the law, they can go ahead and operate.
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25 Jun 2008 in National Assembly:
Mr. Deputy Speaker, Sir, if the farmers want to do something else--- I mean how can we regulate them? They can just go ahead and deal with the--- If they are currently dissatisfied with MOCO (1998) Ltd, it is up to the growers to come together and pinpoint what is wrong. If they want to deal with other players, that is up to them. They can do what they want so long as it is catered for in the Memorandum and Articles of Association of the existing company.
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25 Jun 2008 in National Assembly:
Mr. Speaker, Sir, I beg to reply. (a) I guarantee the preparedness of Kenya's Sugar Industry for sustainable duty-free COMESA trade after the expiry of the safeguard measures on February, 2012, to be achieved through strategic private sector investment and the private-public sector partnership. (b) The Ministry, through the Kenya Sugar Board, has developed an Industry Strategic Plan outlining interventions which include cleaning of the balance sheets of the industry institutions to make them attractive for injection of private capital for diversification and value addition to its products. Thank you, Mr. Speaker, Sir.
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25 Jun 2008 in National Assembly:
Mr. Speaker, Sir, the Ministry has embarked on research to come up with better sugar-cane with high sucrose levels. The Government is going to privatize factories that it has an interest in. The Government is also exploring ways of pricing sugar-cane in a different way. The Government is going to adopt an energy policy aimed at promoting co-generation and other forms of biofuel production that will contribute towards making the sugar sector more competitive.
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