Kenya: Coconut and cashews to be cash crops if the bill passes

Published 2021년 3월 17일

Tridge summary

A new Bill in Kenya is seeking to upgrade coconut and cashew nut farming to cash crops, if approved by President Uhuru Kenyatta. The Bill, which has passed the National Assembly, aims to include these crops in the first schedule of the Crops Act of 2013, similar to coffee, tea, and sugar cane. If passed, the government will allocate annual funding for the revival of these sectors and will regulate payment terms for farmers. The Bill also promotes value addition of the produce before export and encourages farming agreements between farmers and processors, potentially reducing the power of brokers. The proposal has been welcomed by local politicians who believe it will diversify the region's income sources and reduce reliance on tourism. An additional Bill is proposed to include Bixa in the schedule one crops.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Coconut and cashew nut farming will qualify for State funding and marketing if President Uhuru Kenyatta assents to a new Bill that seeks to make them cash crops. The Bill passed by the National Assembly last Thursday is aimed at including cashew nut and coconut to the first schedule in the Crops Act of 2013 just like coffee, tea, and sugar cane. If President Kenyatta signs the amendments, the State will be obligated to annually provide funds for the revival of the two sectors, which in the 1970s and 80s were thriving at the coast region. The government will also prescribe the minimum period within which farmers are to be paid for produce delivered to the processors and penalties for delayed payment. Further, the government will also be required to recommend general agreements between farmers and processors, and encourage value addition of the produce before export in a move that could be a big blow to brokers blamed for the collapse of the production of the two crops. Yesterday, ...

Would you like more in-depth insights?

Gain access to detailed market analysis tailored to your business needs.
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes. To learn more about our cookies, please read our Privacy Policy.