Smallholder farmers to reap big as warehouse receipt system kicks off
Summary
The government has embarked on a campaign in the counties to sensitise the farmers, the devolved units and other stakeholders on the need to embrace the system, which is expected to revolutionalise farming activities.
The system is expected to solve the challenges smallholder farmers face related to inefficiencies brought about by a lack of a transparent and structured market.
Monday May 10 2021
By FRANCIS MUREITHI
Summary
The government has embarked on a campaign in the counties to sensitise the farmers, the devolved units and other stakeholders on the need to embrace the system, which is expected to revolutionalise farming activities.
THE STANDARD
BUSINESS
Crown Paints head of sales Bhavesh Gandhi and CEO Rakesh Rao during the company s launch of all-weather paints at the Trademark Hotel, March 1, 2020. [David Gichuru, Standard]
The Capital Markets Authority (CMA) has given the nod to Crown Paints Kenya Plc to raise Sh711.80 million from shareholders via purchase of additional shares.
The regulator, in a statement yesterday, said it had approved the firm’s bid to issue and list 71,181,000 new ordinary shares on the Nairobi Security Exchange (NSE).
“The rights will be issued on the basis of one new ordinary share for every one existing share,” noted CMA.
Kenya s top-tier lender acquires Orient Bank in Uganda naija247news.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from naija247news.com Daily Mail and Mail on Sunday newspapers.