KTDA factories shine in the auction

The Mountain Journal editor@themountainjournal.co.ke Tea factories generated Sh1.6 billion after the auction of 5,119,905 kilos at the Mombasa Tea Auction. The report states that in 70 tea factories, in this year’s second weekly auction, a kilogram of tea fetched an average of Sh331 per kg. In the auction conducted on January 13 and January 14,…

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 Coffee market resumes after Christmas break

The Mountain Journal   editor@themountainjournal.co.kei Coffee auction resumed after a break, with 12 local and international dealers buying 18,138 bags of coffee for Sh957,358,702. The earnings at the Nairobi Coffee Exchange (NCE) registered a decline compared to Sh1.1 billion netted on  December 17, after the sale of 21,636 bags. In the NCE report,  Baragwi cooperative society’s…

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Coffee sector injects Sh1.1 billion  at NCE

editor@themountainjournal.co.ke Seventeen coffee buyers bought  21,636 bags of coffee at the Nairobi Coffee Exchange (NCE) for Sh1,130,200,406 reflecting a rise compared to the previous sale. In  the previous auction, the farmers netted Sh1,039,132,300 following the sale of 19,017 bags of coffee. The NCE reports reflect that cooperatives and estates allied to Alliance Berries Limited ,…

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coffee farmers oppose to Oparanya order

editor@themountainjournal.co.ke Cooperative Cabinet Secretary Wycliffe Oparanya has ordered that next year coffee proceeds will be channeled directly to the growers from the Nairobi Coffee Exchange (NCE) a move that has faced severe opposition. In a circular by the CS dated November 18, the CS directed coffee cooperative societies to provide their member’s details to the…

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