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Kenya MPs start push for price controls

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The architect of the Price Control (Essential Goods) Bill, 2009 Ephraim Maina wants to protect Kenyans from cartels that manipulate the forces of demand and supply to suit their profits.Phot/FILE

The architect of the Price Control (Essential Goods) Bill, 2009 Ephraim Maina wants to protect Kenyans from cartels that manipulate the forces of demand and supply to suit their profits.Phot/FILE 

By CAROLINE WAFULA
Posted  Wednesday, November 25  2009 at  15:21

In Summary

  • If enacted, Bill will protect Kenyans from cartels that manipulate the forces of demand and supply to suit their profits.

She said it should borrow from other economies that have successfully cushioned citizens.

Ms Milly Odhiambo (Nominated, ODM) said fish should be included on the essential goods’ list.

Mr Martin Oginde (Rangwe, ODM) said the government was preoccupied with implementation of policies of developed countries.

Sheikh Dor Mohamad (Nominated, ODM said MPs and government must fulfill campaign promises made to Kenyans.

Mr Nelson Gaichuhi (Subukia, PNU) also supported the Bill.

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Add a comment (28 comments so far)

  1. Submitted by mcbeth24

    The matter is very simple. We have seen what an uncontrolled market can do to Mwananchi. Its a disaster and we need change.

    Posted  November 26, 2009 04:03 PM  
  2. Submitted by menace2society

    Price controls? How about control the cost of production? Power accounts for over 30% of production costs in certain companies. Lower tax or give incentives, Improve infastructure,Improve security.

    Posted  November 26, 2009 03:33 PM  
  3. Submitted by tuffgong

    they shld first put their undeserveable astronomical wages on a tight leash.only they cld go to supermarkets n afford a bundle of maize meal n other luxuries lke holidayz to the moon.

    Posted  November 26, 2009 03:18 PM  
  4. Submitted by Muinde09

    Price control is not the long term solution. it will lead to hoarding and even higher prices, black market and so on.Kenyans may not be aware that taxes on fuel are one of the highest in the world. the govt needs to face the situation squarely. reduce taxes on fuel to make the cost of production cheaper, subsidize farm inputs e.g fertilizers, like it happens in other countries( s. africa). our leaders are taking a short-cut by treating the symptoms. Face the illness head-on.

    Posted  November 26, 2009 02:28 PM  
  5. Submitted by Mataraja

    For once our MPs seem to be living in the same planet as everybody else! They are genuinely concerned with the plight of ordinary Kenyans, and are doing something about it. Well done Hon Maina and all the other MPs who contributed. I hope the good MPs also address the downside to price controls such a shortages with their attendant corruption, and disappearance of goods to the black market, which hurt the very people the Bill is meant to protect. This Bill should however be a temporary interim measure while our leaders address the causes of the current situation.

    Posted  November 26, 2009 02:13 PM  

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