Kibaki price control snub tests new legislative order

Shopping: Kenyan households have become victims of arbitrary price changes. Photo/FILE

President Kibaki on Wednesday rejected a Bill that would have introduced price curbs on essential goods, leaving consumers at the mercy of market forces which have been blotted by greedy merchants, while endearing Kenya to investors.

The President returned to Parliament the controversial Price Controls (Essential Goods) Bill 2009 passed by the House in June, detailing his reservations on the proposals sponsored by Mathira MP Ephraim Maina.

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