This archive report was first published on 4 July 2019.
July 4, 2019, marked the day the Youth Enterprise Development Fund CEO Josiah Moriasi revealed the fund's intention to dispose of Sh208 million worth of egg hatching machines.
The machines, purchased in 2012, were meant to be issued to five youth groups in 210 constituencies for poultry business, but they ended up gathering dust in stores in Kasarani and Mombasa.
According to Mr. Moriasi, the fund had received clearance from the Treasury to dispose of the machines but the process was halted by the head of public service until the merger of the three funds is complete.
Despite the machines being obsolete, the fund is still paying Sh1 million annually for storage fees to the Kasarani stadia management, amounting to Sh7 million so far.
Mr. Moriasi stated, 'The machines are there at Kasarani and we continue to get invoices from the stadia management to pay storage fee. We will dispose the machines even at a lower price.'
