By Janet Nyanchoka
Senator Richard Onyonka of Kisii has raised concerns over the planned dissolution of the Pyrethrum Processing Company of Kenya (PPCK).
Onyonka’s alarm in the Senate sparked debate regarding the fate of the company’s extensive assets and the livelihoods of pyrethrum farmers and employees.
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Onyonka sought a statement from the Standing Committee on Agriculture, Livestock, and Fisheries regarding the looming dissolution of PPCK, which is headquartered in Nakuru.
The senator emphasized that PPCK owns a significant portfolio of assets, including prime land and valuable properties across various counties, accumulated over decades.
He added that there is need to establish key facts, including who currently holds the titles of the properties and what will happen to the assets following the intended dissolution.
“We must assess the impact of this move on stakeholders, particularly pyrethrum farmers and company employees, who have successfully maintained the company’s profitability,” Onyonka said.
The senator noted that the state-owned corporation is currently operating without a board of directors, raising concerns about governance and decision-making processes.
Given PPCK’s profitability, Senator Onyonka questioned the rationale behind its dissolution and urged the committee to explain the reasons for the move.
In addition, the senator requested a thorough review of all PPCK properties to establish their current status and ensure that public resources are safeguarded.
A detailed report on the company’s financial standing, operational challenges, and the feasibility of restructuring PPCK instead of dissolving it was also sought.
He urged the committee to outline the measures the Ministry of Agriculture is taking to engage farmers, employees, and other affected parties to find an amicable resolution to the matter.
Senator Onyonka’s intervention comes at a crucial time as stakeholders express fears over potential loss of public assets and job security for employees, some of whom have dedicated over 25 years to the company.
The Agriculture Committee is expected to investigate the matter and provide a comprehensive report in due course.
