State set to upgrade godowns for farmers, small businesses - 6 days ago, 07:23
All the State-owned warehouses will be upgraded from July, the Trade ministry has announced, as Kenya steps up efforts to establish an agricultural commodities exchange.
Trade and Investments Secretary Peter Munya said this would facilitate the establishment of an efficient warehouse receipt system that small and medium-sized enterprises (SMEs) will use to supply produce to agro-processors in line with food security pillar of the Big Four agenda.
The warehouses will also be used to store construction materials for planned 500,000 affordable housing programme.
A Warehousing Receipt System Bill 2018, before the National Assembly, is set to provide legal backing for the operation of the system.
Small-scale farmers have largely shunned receipt systems by privately-owned East Africa Grain Council and the National Cereals and Produce Board due to unclear operating standards.
“We want to invest in an e-commerce platform to help SMEs access markets and this will require aggregation of supplies,” said Mr ...
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