{"id":17795,"date":"2020-11-18T21:23:38","date_gmt":"2020-11-18T21:23:38","guid":{"rendered":"https:\/\/www.africa-press.com\/kenya\/?p=17795"},"modified":"2020-11-18T21:23:38","modified_gmt":"2020-11-18T21:23:38","slug":"meat-agency-clears-sh250-million-debt","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/kenya\/economy\/meat-agency-clears-sh250-million-debt","title":{"rendered":"Meat agency clears Sh250 million debt"},"content":{"rendered":"

AfricaPress-Kenya:<\/strong> The Kenya Meat Commission (KMC) has cleared the bulk of debts it owed livestock farmers since it was taken over by the military in September.<\/p>\n

The State-run meat processor had been struggling to clear money owed to farmers as well as other suppliers. It has since been transferred to the Ministry of Defence from the Agriculture ministry.<\/p>\n

Interior Cabinet Secretary Fred Matiang\u2019i said the takeover of the loss-making entity by the Kenya Defence Forces (KDF) has seen nearly 30 per cent increase in the number of livestock supplied to the Athi River-based meat processor by farmers and other suppliers.<\/p>\n

They have been motivated by faster payments. \u201cThrough the government transfer of KMC to the Ministry of Defence, we have managed to clear Sh250 million debt owed to livestock farmers. A further Sh150 million has been allocated to clear debts to other general suppliers this financial year. The other managerial issues in running the KMC facilities are now being effectively addressed,\u201d he said.<\/p>\n

The renewed confidence by farmers is expected to lift the fortunes of KMC. The entity in the year to June 2020 posted a loss of Sh100 million from a revenue of Sh174 million, according to a National Treasury report. Its net assets stood at Sh1.54 billion in June.<\/p>\n

The CS, who chairs the Cabinet Committee on development, termed KMC’s transfer to KDF as a logical and necessary move. The bid, he said, was informed by the mutual interests of the two organisations and those of livestock farmers and the country.<\/p>\n

As its largest client, the military had a stake in seeing that the KMC was efficiently managed while the meat processor stood to benefit from a guaranteed market, Matiang\u2019i said.<\/p>\n

He was speaking during a virtual public lecture on the opportunities and challenges facing the livestock sector that was organised by the President\u2019s Delivery Unit and Strathmore University.<\/p>\n

President Uhuru Kenyatta\u2019s directive on the handover of KMC to the military in September touched off criticism on the legality of the move. But Matiang\u2019i dismissed the criticism as an unhealthy obsession with processes at the expense of results.<\/p>\n

He said under the military watch, KMC had put an end to the recurrent practice of sinking public funds to keep it afloat. \u201cWe have lost opportunities to develop KMC under the frameworks we had. We kept sinking money in billions. It is because of incompetence, poor management and corruption that the parastatal could not move. I believe what we want is results,\u201d Matiang’i said.<\/p>\n

He said the State was keen to position KMC as a key meat supplier to public institutions.<\/p>\n","protected":false},"excerpt":{"rendered":"

AfricaPress-Kenya: The Kenya Meat Commission (KMC) has cleared the bulk of debts it owed livestock farmers since it was taken over by the military in September. The State-run meat processor had been struggling to clear money owed to farmers as well as other suppliers. It has since been transferred to the Ministry of Defence from […]<\/p>\n","protected":false},"author":84,"featured_media":17789,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5,8],"tags":[243,901,5653],"class_list":["post-17795","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","category-homepage-english","tag-fred-matiangi","tag-kenya-defence-forces","tag-kenya-meat-commission"],"yoast_head":"\nMeat agency clears Sh250 million debt - kenya<\/title>\n<meta name=\"description\" content=\"The Kenya Meat Commission (KMC) has cleared the bulk of debts it owed livestock farmers since it was taken over by the military in September.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/kenya\/economy\/meat-agency-clears-sh250-million-debt\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Meat agency clears Sh250 million debt\" \/>\n<meta property=\"og:description\" content=\"The Kenya Meat Commission (KMC) has cleared the bulk of debts it owed livestock farmers since it was taken over by the military in September.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/kenya\/economy\/meat-agency-clears-sh250-million-debt\" \/>\n<meta property=\"og:site_name\" content=\"kenya\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2020-11-18T21:23:38+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/kenya\/sites\/28\/2020\/11\/kmc_clears_farmers5fb545adc4214.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"656\" \/>\n\t<meta property=\"og:image:height\" content=\"410\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/kenya\/economy\/meat-agency-clears-sh250-million-debt#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/kenya\/economy\/meat-agency-clears-sh250-million-debt\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/kenya\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Meat agency clears Sh250 million debt\",\"datePublished\":\"2020-11-18T21:23:38+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/kenya\/economy\/meat-agency-clears-sh250-million-debt\"},\"wordCount\":443,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/kenya\/economy\/meat-agency-clears-sh250-million-debt#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/kenya\/sites\/28\/2020\/11\/kmc_clears_farmers5fb545adc4214.jpg\",\"keywords\":[\"Fred Matiang\u2019i\",\"Kenya Defence Forces\",\"Kenya Meat Commission\"],\"articleSection\":[\"all news\",\"economy\",\"homepage-english\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/kenya\/economy\/meat-agency-clears-sh250-million-debt#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/kenya\/economy\/meat-agency-clears-sh250-million-debt\",\"url\":\"https:\/\/www.africa-press.net\/kenya\/economy\/meat-agency-clears-sh250-million-debt\",\"name\":\"Meat agency clears Sh250 million debt - kenya\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/kenya\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/kenya\/economy\/meat-agency-clears-sh250-million-debt#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/kenya\/economy\/meat-agency-clears-sh250-million-debt#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/kenya\/sites\/28\/2020\/11\/kmc_clears_farmers5fb545adc4214.jpg\",\"datePublished\":\"2020-11-18T21:23:38+00:00\",\"author\":{\"@id\":\"https:\/\/www.africa-press.net\/kenya\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"description\":\"The Kenya Meat Commission (KMC) has cleared the bulk of debts it owed livestock farmers since it was taken over by the military in September.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.africa-press.net\/kenya\/economy\/meat-agency-clears-sh250-million-debt#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.africa-press.net\/kenya\/economy\/meat-agency-clears-sh250-million-debt\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.africa-press.net\/kenya\/economy\/meat-agency-clears-sh250-million-debt#primaryimage\",\"url\":\"https:\/\/static.africa-press.net\/kenya\/sites\/28\/2020\/11\/kmc_clears_farmers5fb545adc4214.jpg\",\"contentUrl\":\"https:\/\/static.africa-press.net\/kenya\/sites\/28\/2020\/11\/kmc_clears_farmers5fb545adc4214.jpg\",\"width\":656,\"height\":410},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.africa-press.net\/kenya\/economy\/meat-agency-clears-sh250-million-debt#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.africa-press.net\/kenya\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Meat agency clears Sh250 million debt\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.africa-press.net\/kenya\/#website\",\"url\":\"https:\/\/www.africa-press.net\/kenya\/\",\"name\":\"kenya\",\"description\":\"Just another Africa News Agency Sites site\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.africa-press.net\/kenya\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.africa-press.net\/kenya\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\",\"name\":\"cfeditoren\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.africa-press.net\/kenya\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/7417380fa9e23b5c57fdbfdaf3fdf92ee478f759a084addda5faa3732853e74a?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/7417380fa9e23b5c57fdbfdaf3fdf92ee478f759a084addda5faa3732853e74a?s=96&d=mm&r=g\",\"caption\":\"cfeditoren\"}}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Meat agency clears Sh250 million debt - kenya","description":"The Kenya Meat Commission (KMC) has cleared the bulk of debts it owed livestock farmers since it was taken over by the military in September.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.africa-press.net\/kenya\/economy\/meat-agency-clears-sh250-million-debt","og_locale":"en_US","og_type":"article","og_title":"Meat agency clears Sh250 million debt","og_description":"The Kenya Meat Commission (KMC) has cleared the bulk of debts it owed livestock farmers since it was taken over by the military in September.","og_url":"https:\/\/www.africa-press.net\/kenya\/economy\/meat-agency-clears-sh250-million-debt","og_site_name":"kenya","article_publisher":"https:\/\/www.facebook.com\/AfricaPressTunisiaa","article_published_time":"2020-11-18T21:23:38+00:00","og_image":[{"width":656,"height":410,"url":"https:\/\/static.africa-press.net\/kenya\/sites\/28\/2020\/11\/kmc_clears_farmers5fb545adc4214.jpg","type":"image\/jpeg"}],"author":"cfeditoren","twitter_card":"summary_large_image","twitter_misc":{"Written by":"cfeditoren","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.africa-press.net\/kenya\/economy\/meat-agency-clears-sh250-million-debt#article","isPartOf":{"@id":"https:\/\/www.africa-press.net\/kenya\/economy\/meat-agency-clears-sh250-million-debt"},"author":{"name":"cfeditoren","@id":"https:\/\/www.africa-press.net\/kenya\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb"},"headline":"Meat agency clears Sh250 million debt","datePublished":"2020-11-18T21:23:38+00:00","mainEntityOfPage":{"@id":"https:\/\/www.africa-press.net\/kenya\/economy\/meat-agency-clears-sh250-million-debt"},"wordCount":443,"commentCount":0,"image":{"@id":"https:\/\/www.africa-press.net\/kenya\/economy\/meat-agency-clears-sh250-million-debt#primaryimage"},"thumbnailUrl":"https:\/\/static.africa-press.net\/kenya\/sites\/28\/2020\/11\/kmc_clears_farmers5fb545adc4214.jpg","keywords":["Fred Matiang\u2019i","Kenya Defence Forces","Kenya Meat Commission"],"articleSection":["all news","economy","homepage-english"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.africa-press.net\/kenya\/economy\/meat-agency-clears-sh250-million-debt#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.africa-press.net\/kenya\/economy\/meat-agency-clears-sh250-million-debt","url":"https:\/\/www.africa-press.net\/kenya\/economy\/meat-agency-clears-sh250-million-debt","name":"Meat agency clears Sh250 million debt - kenya","isPartOf":{"@id":"https:\/\/www.africa-press.net\/kenya\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.africa-press.net\/kenya\/economy\/meat-agency-clears-sh250-million-debt#primaryimage"},"image":{"@id":"https:\/\/www.africa-press.net\/kenya\/economy\/meat-agency-clears-sh250-million-debt#primaryimage"},"thumbnailUrl":"https:\/\/static.africa-press.net\/kenya\/sites\/28\/2020\/11\/kmc_clears_farmers5fb545adc4214.jpg","datePublished":"2020-11-18T21:23:38+00:00","author":{"@id":"https:\/\/www.africa-press.net\/kenya\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb"},"description":"The Kenya Meat Commission (KMC) has cleared the bulk of debts it owed livestock farmers since it was taken over by the military in September.","breadcrumb":{"@id":"https:\/\/www.africa-press.net\/kenya\/economy\/meat-agency-clears-sh250-million-debt#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.africa-press.net\/kenya\/economy\/meat-agency-clears-sh250-million-debt"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.africa-press.net\/kenya\/economy\/meat-agency-clears-sh250-million-debt#primaryimage","url":"https:\/\/static.africa-press.net\/kenya\/sites\/28\/2020\/11\/kmc_clears_farmers5fb545adc4214.jpg","contentUrl":"https:\/\/static.africa-press.net\/kenya\/sites\/28\/2020\/11\/kmc_clears_farmers5fb545adc4214.jpg","width":656,"height":410},{"@type":"BreadcrumbList","@id":"https:\/\/www.africa-press.net\/kenya\/economy\/meat-agency-clears-sh250-million-debt#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.africa-press.net\/kenya\/"},{"@type":"ListItem","position":2,"name":"Meat agency clears Sh250 million debt"}]},{"@type":"WebSite","@id":"https:\/\/www.africa-press.net\/kenya\/#website","url":"https:\/\/www.africa-press.net\/kenya\/","name":"kenya","description":"Just another Africa News Agency Sites site","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.africa-press.net\/kenya\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.africa-press.net\/kenya\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb","name":"cfeditoren","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.africa-press.net\/kenya\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/7417380fa9e23b5c57fdbfdaf3fdf92ee478f759a084addda5faa3732853e74a?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/7417380fa9e23b5c57fdbfdaf3fdf92ee478f759a084addda5faa3732853e74a?s=96&d=mm&r=g","caption":"cfeditoren"}}]}},"_links":{"self":[{"href":"https:\/\/www.africa-press.net\/kenya\/wp-json\/wp\/v2\/posts\/17795","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.africa-press.net\/kenya\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.africa-press.net\/kenya\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.africa-press.net\/kenya\/wp-json\/wp\/v2\/users\/84"}],"replies":[{"embeddable":true,"href":"https:\/\/www.africa-press.net\/kenya\/wp-json\/wp\/v2\/comments?post=17795"}],"version-history":[{"count":0,"href":"https:\/\/www.africa-press.net\/kenya\/wp-json\/wp\/v2\/posts\/17795\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.africa-press.net\/kenya\/wp-json\/wp\/v2\/media\/17789"}],"wp:attachment":[{"href":"https:\/\/www.africa-press.net\/kenya\/wp-json\/wp\/v2\/media?parent=17795"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.africa-press.net\/kenya\/wp-json\/wp\/v2\/categories?post=17795"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.africa-press.net\/kenya\/wp-json\/wp\/v2\/tags?post=17795"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}