Parliament passed the Warehouse Receipts Systems Act No. 8 0f 2019 in June 2019, thereby setting out a legal framework for the development and governing of a Warehouse Receipt System in Kenya.
Warehouse Receipt System Council, the body responsible for establishment, maintenance and development of the Warehouse Receipt System for agricultural commodities produced in Kenya was inaugurated on 29th July 2020.
Benefits of the Warehouse Receipt
Reduce post-harvest losses from 40% to 10%. Currently postharvest losses stand at 30 - 40% due to on farm shortage.
The system enables small scale farmers to participate in a modern and efficient market with standard quality and weights.
Promoting aggregation of produce by small scale farmers enabling access to large traders, Agro-processors and value addition.
This encourages increased lending to the Agricultural sector by providing alternative collateral (commodity) and mitigating risk to the banks, especially for the youth and women who do not have access to traditional collaterals such as Title deeds and logbooks.
as farmers can plan to sell their commodities when the prices are favorable
as the first step towards a commodity exchange and improved price discovery/stable prices
between men and women/youth in access to agricultural resources such as Loans.
Women and youth will be provided with loans through the warehouse receipt.
Message from the Chairperson
A person intending to operate the business of warehouse storage of agricultural commodities and issuance of warehouse receipts shall apply for a warehouse operator’s license to the County Executive Committee member of a county government. The County Executive Committee member shall, upon being satisfied that the applicant meets the requirements for the issuance of a license, require the applicant to provide a performance bond equivalent to ten per-cent of the value of the commodity that the applicant predominantly stores or intends to store in the warehouse.
Mrs. Jane Mumbi Ngige, Chair
Trusted regulator of a sustainable Warehouse Receipt System that supports structured agricultural commodities trade.
To facilitate the establishment, maintenance and development of the Warehouse Receipt System for agricultural commodities produced in Kenya.
Lake Region Economic Bloc Training and Sensitization on Warehouse Receipt System
County Executive Committee Members (CECMs); Agriculture, County Directors Crops, Livestock, Trade and Cooperatives underwent training on the Warehouse Receipt System (WRS) in the Lake Region Econom
Onboarding Large scale farmers and Agriculture Commodity Aggregators on Warehouse Receipt System
The Council held a consultative meeting with Agriculture Commodity Aggregators and Large-scale farmers to onboard Warehouse Receipt System in Nakuru County targeting the November/December 2021 maiz
Open farmers Field Day
Ministry of Agriculture Livestock and Fisheries held an open agricultural field day in Nakuru County. The event was held at KALRO Njoro, on Saturday 31 st July, 2021 and was facilitated and h