Coffee market resumes from recess generating Sh 345 million The Mountain Journal Kenya’s coffee has earned growers Sh 345 million after the auction of 6,622 bags of coffee at the Nairobi Coffee Exchange (NCE). The trading resumed on Wednesday after two months recess where the early crop from Cooperative societies in the counties of Meru…
The Mountain Journal Kenya’s coffee has earned growers Sh 345 million after the auction of 6,622 bags of coffee at the Nairobi Coffee Exchange (NCE). The trading resumed on Wednesday after two months recess where the early crop from Cooperative societies in the counties of Meru and Machakos dominated the auction. The NCE report indicated…
The Mountain Journal The tea exporters bought 5,530,474 kgs of made tea that generated Sh 1.7 billion after the sale of 5,530,474 kgs of made tea sourced from the KTDA managed factories through the Mombasa Tea Auction . At the auction the 53 buyers bought 10 million kgs that were offered by the producers from…
The Mountain Journal Murang’a coffee farmers will get free lime to assist in reduction of the acidity from the soils in a strategy to increase coffee production in four years. With billions of shillings paid to farmers after the global market is attracted to Kenyan coffee, Murang’a is set to increase production in a venture…
The Mountain Journal The government is fast-tracking the passage and enactment of the new Cooperatives Bill that will modernize the sector and make it more beneficial to millions of members of cooperative societies spread across the country, Deputy President Kithure Kindiki has said. Prof. Kindiki stated that President Ruto is set to sign the Bill…
The Mountain Journal An uproar is looming in Kiambu between the KTDA tea factories leadership and the local County Government following the introduction of the contentious Agriculture Infrastructure maintenance fee the directors are resisting. The KTDA factories chairmen led by the local board Member and Gatundu South MP Gabriel Kagombe, in a memorandum dated June…
The Mountain Journal Kenya’s Agriculture Cabinet Secretary Mutahi Kagwe to stop with immediate effect from export of raw produce to the market, instead venture into value addition. Kagwe called on African nations to confront the unfair global practice of tariff escalation, where developed markets allow raw agricultural commodities to enter at low or zero duty…
The Mountain Journal A coffee cooperative society previously riddled with leadership wrangles and confusion in the payment of coffee to the farmers has been transformed with management offering incentives. In the past, the members at Kangunu farmers cooperative society in Mathioya, Murang’a suffered after expelling of the farmers who raised objections to the leader’s proposal…
The Mountain Journal The price of Kenyan tea remained under pressure following the impact of the 0.8 per cent tea levy (Sh 2.28) charged to buyers before the shipment of the commodity from the Mombasa Tea Auction. Instead, the buyers bid down the price of the commodity, thus transferring the effects of the levy to…
The Mountain Journal The pressure mounted on the Tea Board of Kenya (TBK) over the return of the unsold teas in the warehouses, and forced them to explain to the stakeholders to avoid resistance. TBK stated that 50 percent of the tea levy will be allocated to price stabilisation, 15 percent on maintenance of feeder…
