24 Oct 2018 in National Assembly:
Thank you, Hon. Temporary Deputy Chairlady. Basically, it is the same issue. That statement is incomplete and I concur with my colleagues who have said that we need to include either dental surgery or dentistry, whatever term. Thank you.
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24 Oct 2018 in National Assembly:
Just an issue of clarification from the Chair. Paragraph (d) says: Three persons appointed by the Cabinet Secretary as follows— (i) One person who shall be nominated by the Kenya National Commission on Human Rights; (ii) One person who shall be a representative of the private sector in health; (iii)One person with knowledge and expertise in finance or audit. The question I want to pose to the Chair is: Why are we discriminating against the public health sector in the appointment of members to sit in the council?
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24 Oct 2018 in National Assembly:
I am not standing to be educated but to chip in. It is on the same note and my colleagues had raised this issue earlier. We expected the Committee to have taken adequate time to pick out the obvious cases of duplication. We are wondering, out of curiosity, exactly what happened.
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23 Oct 2018 in National Assembly:
Thank you, Hon. Temporary Deputy Speaker. I rise to support the Bill basically because it is long overdue and it has tried to bring to force what has happened with other commodities such as the stock exchange, properties and other derivatives in the market. I support the warehouse receipt system considering Kenya is primarily an agricultural country and considering that the people of Funyula who elected me depend on agricultural products for their survival. I must also commend the drafters, the Senate, the Mover and the proposer of the Bill for having had the time to bring the Bill to ...
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23 Oct 2018 in National Assembly:
That said and done, the warehousing system gives farmers several advantages. While not trying to repeat what my colleagues have said, first, it stabilises prices of goods - agricultural commodities. For some strange reason, our season for production is almost at the same time in the whole country. In the western region, we produce at the same time. The law of supply and demand, where supply exceeds demand, prices plummet below the production cost occasionally. For example, in my constituency, we have a bumper harvest this year and a 2 kilogramme tin of maize which ordinarily would cost as high ...
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23 Oct 2018 in National Assembly:
Secondly, it will reduce the cost of storage that farmers have to incur. Many times, one of the greatest challenges we have in the agriculture sector is the post-harvest loss. We trust and believe that the warehouses will be run professionally and they will minimise the loss of agricultural products as a result of bad storage facilities or inadequate storage facilities.
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23 Oct 2018 in National Assembly:
Thirdly, I trust that the central registry as proposed in the Bill will try as much as possible to allow the certificates issued by the warehouse operators to become security for financial facilities. Unfortunately, looking through the Act, that particular aspect has not been expressly stated as it is in the Lands Act. The only reference which gives an indication that they need to securitise these certificates is the membership of the council which has one person nominated by a financial sector regulatory forum. We would wish, at the Third Reading, to introduce amendments that reinforce the use of those ...
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23 Oct 2018 in National Assembly:
other financial facilities from the Agricultural Finance Corporation (AFC) and other mainstream financial sectors.
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23 Oct 2018 in National Assembly:
I have my reservation about the management of the warehouses. My colleague has mentioned it. Probably, just like we do for SACCOS and co-operative societies, other than the investor in the warehouse system itself, the managers must be tested and found fit to manage those warehouses. Otherwise, we are going to have a situation like the public service vehicles where the losses are going to be massive and insurance underwriters will start avoiding the warehouse receipt system in the issuance of insurance facilities.
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23 Oct 2018 in National Assembly:
As a country, we also need to invest in these issues. I can see we have the council and another registry maintained by county governments. My fear is that we are going to have unnecessary duplication. Being a country that is riddled with corruption, we hope and pray that the two levels of registration and inspection will not be an avenue for corruption.
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