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Board of Directors

ImageMR. JIMNAH MBARU - Chairman
Jimnah Mbaru is an internationally renowned investment banker who has made a remarkable contribution to the development of capital markets in Africa. He has been associated with the development of financial institutions including the Nairobi Stock Exchange (NSE), which he served as chairman for 10 years and Africa Stock Exchanges Association, which he launched as a founder chairman in 1993. Currently, he is chairman and director of several companies, including Dyer & Blair Limited, a leading stock broking firm. Read More

ImageProf. Gideon Kirwa Misoi - Managing Director

Professor Gideon Kirwa Misoi, OGW, the NCPB Managing Director, joined the Board in that capacity in 2007.
He holds a Ph.D in Mechanical Engineering and a Bachelor of Science Degree from the University of Nairobi. He undertook his research attachment at the University of Cambridge, England.
Before joining NCPB Professor Misoi was an Associate Professor and Chairman of the Mechanical Engineering Department of the University of Nairobi, where he has served in various teaching capacities since 1985

He has also worked with Union Carbide, Nakuru, Kenya Cooperative Creameries, African Highland Produce Company and Kenya Seed Company. 


Administratively, he has been a Joint Receiver and Manager for Kenya Cooperative Creameries, a member of an Inquiry and Restructuring team of Kenya Co-operative Creameries; a Member of the Boards of Directors of Savings and Loan (K.C.B. Group), Numerical Machining Complex (Subsidiary of Kenya Railways Corporation), a Director of Research Section in the College of Architecture and Engineering, the head of Transport and Garage of the University of Nairobi a representative of the University in the National Industrial Research and Development Committee.

He has written and published various seminar and journal papers and undertaken research work in his area of specialisation, i.e., Mechanical Engineering.
Professor Misoi was awarded the Order of the Grant Warrior of Kenya (OGW) in 1994 and the University of Nairobi Staff Merit Award in October 2002.

He is a member of the Registered Engineer, Engineers Registration Board and has undertaken consultancy work on a wide range of topics including Planning and Installation of Computer Networks (Digital Computer hardware systems and Euclid Software), Computer application in design of machine components and other Engineering systems (CAD.CAM System) and Efficient Utilization of equipment and energy in industry, Development of business plans and organizational structures for organizations, among others.

 

 

Dr. Adrian Wekulo Mukhebi, PhD., M.Sc. & B.Sc., Agricultural Economist

ImageHolds He is the Executive Director of Kenya Agricultural Commodity Exchange which aims at making agricultural markets work better for poor smallholder farmers, empowering such farmers through the application of modern information and communication technologies (ICTs) such as mobile telephony, with relevant and timely market information to bargain for a better price in the market place, and linking the farmers to the better markets and better prices, not only in Kenya but also in the Eastern Africa region and world markets. Read More

MS. MONICA AMOLLO

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Mr. Timothy K. Busienei
Holds a BSc. Degree in Agro Business from Central Missouri State University, USA. He is a professional farmer in North Rift and also a member of the Cereals Growers Association. He is a dairy farming in breeder Holstein Fresian
Cereal production – production in commercial maize Contracted seed producer for Kenya seed Co. Ltd on private leased land

Mr. Elias Bare Shill
Holds a bachelor of Education Degree from Nairobi University Former Member of Parliament for Fafi Constituency.
He is also a businessman and a teacher by profession.

 

Mr. Mohamed Islam Ali

ImageHolds a BA degree from Louisiana State University.
Currently Financial Director for Mombasa Maize Millers Group of Companies and other family enterprises.  He is also a member of the Cereal Millers Association and East African Grain Council.

 

Mr. Daniel Damocha Dibo
ImageHas a diploma in developmental studies from Arusha, Tanzania.
Worked as a Depot Manager for National Cereals and Produce Board from 1986 to 1993.
Is involved in coordinating community Development and support programmes on behalf of the Government and donors.

 
Events Calendar
September 2010 October 2010
Su Mo Tu We Th Fr Sa
Week 35 1 2 3 4
Week 36 5 6 7 8 9 10 11
Week 37 12 13 14 15 16 17 18
Week 38 19 20 21 22 23 24 25
Week 39 26 27 28 29 30
Recent News

All newsletters to be uploaded .....

 

Board launches Warehouse Receipt system

National Cereals and produce Board will be holding a Warehouse receipting system mini launch in Narok in preparation for a major launch during harvest season in North Rift.

The long anticipated historic event will be held at the Board’s Narok silos grounds on 1st September 2010.

The event is expected to be attended by among others representatives from the Office of the President/Prime Minister, NCPB Board of Directors and other selected officers, representatives from the Ministry of Agriculture, State corporations ,treasury as well as farmers, millers, traders and other stakeholders.

Warehouse Receipting Process

1.         After the producer (depositor) has harvested his crop, s/he transports it to a certified warehouse.  The grain is checked to ensure that it meets the stipulated quality standards.

2.         When the grain passes the quality tests and the quantity is within the minimum set level (for example 10MT), it will be received by the Warehouse Operator (NCPB), who will then issue a Warehouse Receipt to the farmer(depositor).

3.         The depositor may present the Warehouse Receipt to a bank, which may offer him/her short term financing. The financing will be a proportion (say 80%) of the market value of the grain deposited in the warehouse.  This financing enables the farmer to meet his basic financial obligations such as domestic needs or preparing for the next planting season, as he waits to sell his grains in the market when the price is favourable.  The Warehouse Receipt remains in the custody of the bank for it forms the security for the financing.

4.         When the market price improves, the farmer sells his grain and the buyer is instructed to pay direct to the bank.  The bank then recovers its money from the proceeds and the Warehouse Operator also recovers any storage or handling charges.  The farmer is then given the balance.

Benefits/Advantages

           The advantages of WRS to farmers, millers, traders and other players include:

i.       Eliminating the need to use title deeds as Security for financing grain owners.

ii.      Enabling depositors get access to cash faster against the warehouse receipt.

iii.     Enabling depositors to sell their grain when market conditions and prices are most    favorable.

iv.     Eliminating the issue of delayed payments to farmers.

v.      Enabling processors (millers) to focus on their milling functions while they procure grain through WRS.

vi.     Improving quality and grading.

vii.     Reducing post harvest losses through professional storage.

viii.    Improving food security.

ix.      Enabling development and trading through a Commodity Exchange.

 

MAJOR PLAYERS

The major players who are expected to participate in Warehouse Receipting System shall include: producers, Government, millers, traders, collateral managers/warehouse operators (NCPB) and transporters

 

Read more...
 
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