GAZETTE NOTICE NO. 1954

UNDER THE CAPITAL MARKETS (COFFEE EXCHANGE) REGULATIONS AND THE CROPS (COFFEE) (GENERAL) REGULATIONS APPOINTMENT IT IS notified for the general information of the public that the Cabinet Secretary for Co-operatives and Micro, Small and Medium Enterprises Development, as the Chairperson of the National Steering Committee to the Board on Coffee Reforms, has appointed the Working Committee to manage the transition of the Nairobi Coffee Exchange into the framework of coffee exchanges as provided for in the Capital Markets (Coffee Exchange) Regulations and the Crops (Coffee) (General) Regulations, which shall comprise the following persons: Kenneth Gitonga – Chairperson; Members: Jackie Muia; Amos Mamboleo; Irene Kabochi, Roselyne Chepkirui; Luka Rotich; Job Kihumba; Raphael Anampiu; Elphas Tarus. 1. The terms of reference of the Working Committee are to— (a) scrutinize and establish the incorporation, constitutive instruments, and legal ownership status of the Nairobi Coffee Exchange; (b) determine and advise the Cabinet Secretary on the transfer of assets and liabilities of the Nairobi Coffee Exchange to the Coffee Exchange duly licensed by the Capital Markets Authority; (c) advise the Cabinet Secretary on developing a framework for transitioning the Nairobi Coffee Exchange into a Coffee Exchange compliant with the Capital Markets (Coffee Exchange) Regulations and the Crops (Coffee) (General) Regulations; (d) advise the Cabinet Secretary on the operationalization of governance, institutional and organizational structure of the transitioned coffee exchange; 21st February, 2025 THE KENYA GAZETTE (e) advise the Cabinet Secretary on the operationalization of a comprehensive Human Resource Framework for the transitioned coffee exchange; (f) advise the Cabinet Secretary on the transfer of all contracts entered into by the Nairobi Coffee Exchange to the coffee exchange licensed by the Capital Markets Authority; (g) identify emerging technologies and other developments in the sector that require legal and policy intervention and make appropriate recommendations to the Cabinet Secretary on policy and legislative proposals thereon; (h) advise the Cabinet Secretary on facilitation of the necessary applications to the Capital Markets Authority for approval to operate as a Coffee Exchange; (i) develop a detailed action plan with timelines for implementing the result of the reviews and matters being considered by the Working Committee and the recommendations and strategies made thereto; (j) advise the Cabinet Secretary on the management and operations of the Nairobi Coffee Exchange as it transitions into a Coffee Exchange within the framework of the Capital Markets (Coffee Exchange) Regulations; and (k) advise the Cabinet Secretary on any other matter or subject ancillary or incidental to the matters afore described. 2. In the performance of its functions, the Working Committee shall— (a) be responsible to the Cabinet Secretary; (b) identify international and regional best practices in the management, oversight, strategic intent and operations for the coffee exchange; (c) consider and propose appropriate mechanisms for collaboration and co-operation among the institutions and entities operating within the framework of the coffee exchange; (d) regulate its own procedure; (e) form thematic Sub-Committees, if necessary; (f) hold such number of meetings in such places and at such times as the Working Committee will consider necessary for the proper discharge of its functions; (g) carry out or cause to be carried out such assessments, studies or research as may inform its mandate; and (h) co-opt experts from the Coffee sector as may be necessary. 3. The Working Committee shall remain in office for a period of twelve (12) months from the date of publication of this notice and the Cabinet Secretary may extend the term of the Working Committee. 4. The Secretariat of the Working Committee shall be based at the Ministry Headquarters, Social Security House, Bishops Road, P.O. Box 30430–00100, Nairobi. Dated the 27th January, 2025. WYCLIFFE AMBETSA OPARANYA, Cabinet Secretary for Co-operatives and Micro, Small and Medium Enterprises Development.