KTDA Holding Chairman Enos Njeru The Mountain Journal editor@themountainjournal.co.ke KTDA Holdings last year earned Sh89.2 billion from the monthly payment up from the previous year of Sh67.7 billion. In the year the board approved a dividend of Sh 1,042,960,800 for the year ending June 30th, which will be disbursed to 54 factories, as the growers…
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 ,…
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…
The Mountain Journal editor@themountainjournal.co.ke The coffee auction earned Sh 1,039,132,300,after trading 19,017 bags of coffee. Nairobi Coffee Exchange (NCE) reports reflect the farmers more than last week’s Sh 872.7 million after the auction of 17,293 bags. The reports further reflected that 11 coffee brokers including Alliance Berries Limited , KCCE and Kirinyaga Slopes delivered 13,058…
The Mountain Journal editor@themountainjournal.co.ke Tea farmers in the weekly sale earned Sh1.5 billion from the sale of 4.6 million kgs of tea at the Mombasa Tea Auction up from the previous Sh1.4 billion. In the sale, the Kimunye factory earned the highest payment of Sh45.5 million after the sale of 108,880 kgs of tea. Ngere…
KTDA Holding Chairman Enos Njeru The Mountain Journal editor@themountainjournal.co.ke Tea growers are celebrating following the announcement that Sh2 billion they paid for fertlisers will be refunded alongside their November green leaf payment. In the year ended on June 30, KTDA deducted Sh1.50 per kilogramme of green leaf delivered for processing in the 70 factories in…
The Mountain Journal editor@themountainjournal.co.ke The Ministry of Agriculture and Livestock Development Cabinet Secretary Dr Andrew Mwihia has disclosed that the Government has adopted a consultative engagement approach with agri-business players to foster accelerated agricultural transformation for national growth. As part of the consultative engagements, Dr Mwihia said the Ministry of Agriculture is progressively hosting monthly…
The Mountain Journal editor@themountainjournal.co.ke Coffee market was lively as 15 buyers bought 17,293 bags of coffee for Sh 872.7 million. At the Nairobi Coffee Exchange (NCE) the price offered was better compared to last week’s Sh637.1 million. In the NCE report, Gicherori, and Gititu factories coffee sold by the Alliance Berries Limited achieved the highest…
The Mountain Journal editor@themountainjournal.co.ke Seventy tea factories last week fetched Sh1,416,148,117 after the auction of 4,198,294 kgs of tea. The returns in the market were less compared to the previous Sh1,484,838,599 for the auction of 4.23 million kgs. Mununga tea factory took the lead with Sh39.6 million after the auction of 88,394 kgs followed by…
The Mountain Journal editor@themountainjournal Tea Farmers at the Ndima tea factory decline to be addressed by Gatundu MP Gabriel Kagombe who is also a board member in Kiambu. Kagombe was among the MPs who supported the impeachment of former Deputy President Rigathi Gachagua. Hell broke loose when the farmers in their annual general meeting branded…
