News
State of emergency as hunger looms
Posted Friday, January 9 2009 at 22:26
The shortlisted companies later learnt that they were to import and either mill or sell the maize.
It is at that point that they questioned the rationale to pay for the rights.
“Otherwise, we could as well import and wait for prices to improve before we sell. If not, who will buy from us if the NCPB will sell its maize at subsidised prices,” asked one of the shortlisted companies.
Speaking to the Saturday Nation yesterday Palma Fernades of the Cereal Millers Association said the factories found it was not economical to bid for importing the maize since the Government’s reserve price was lower than world prices.
“The reserve price was $260 (Sh20,020) while the international price was $290 (Sh22,330). The millers resolved that the Government can import and supply to them at Sh1,750 to mill and sell flour at the subsided price,” said Mr Fernades.
Only one company turned up for the meeting that day and was awarded the maximum two rights. That means only 50,000 tonnes of maize will be imported.
Report by Eric Shimoli and Sam Kiplagat
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Submitted by bogoroPosted January 11, 2009 04:08 AM
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Submitted by dirrty
Be afraid Nation!Be Very Afraid! Poghisio might exercise his powers during the state of emergency and close down all media outlets for causing unnecessary alarm as per the new media bill!!!Politicians..........
Posted January 11, 2009 03:37 AM -
Submitted by mpakakwetu
Until all Kenyans start voting for a leader for his work not for the 50shs he got or for his name we have a problem.Education/knowledge is the best thing a human being can possess.Our leaders are not going anywhere.We are also corrupt taking advantage of our position.That's also heartless,or not?.A man for himself!The maize will be imported by the politicians' companies who will make profit at our expense on top of a tax free salary.Our living standards will keep on deteriorating as we wait for the rain to fall.
Posted January 11, 2009 12:50 AM -
Submitted by charlzk
wasn't it the other day we were selling acres of our most fertile land to Qatar now whoosh by magic wht has happened now?? wht fools they are in goverment!!!
Posted January 10, 2009 09:04 PM -
Submitted by paulo1981
it is such a pity of magnanimous extent that a country whose government cannot afford to feed her populace can afford huge salaries to herself (MPs) and their extravagant lifestyles!
Posted January 10, 2009 08:17 PM
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The case of Malawi,They are now coming out of brink.Because the president saw the people of Malawi are dying he did give fertilizer and maize planting on credit and now they are smiling no matter all of them have not done it.Kenya the soil is so exhausted and they think we are going to be a healthy nation in future.I doubt!