Coffee earn Sh499 million at the auction

The Mountain Journal Cooperative societies and estates affiliated to Alliance Berries Limited and New KPCU  continued to reap better returns from the coffee auction at the Nairobi Coffee Exchange (NCE).  The farmers earned Sh499,355,137 for the sale of 11,864 bags of coffee compared to the Sh397.1 million which was earned in the previous week upon…

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Cooperatives shine at the Nairobi Coffee Exchange as the action injects 397 million

The Mountain Journal Fourteen local and international coffee buyers spent Sh 397.1 million in purchasing 9,826 bags of coffee at the Nairobi Coffee Exchange (NCE).  During the weekly auction, coffee brokers Alliance Berries Limited and New KPCU delivered the highest consignment of coffee. Munani coffee factory affiliated to Mikumbune cooperative society marketed by Alliance Berries…

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Change of guard at Kangunu coffee society

The Mountain Journal A relief at the troubled Kangunu coffee cooperative society in Mathioya after the farmers elected a new management committee. Last week, the farmers elected a five man management committee chaired by John Chege after the former committee led by Geoffrey Macharia failed to offer themselves in the much awaited election.  The five…

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Traders stocking their premises as a section of tea farmers seek for fresh loans

The Mountain Journal Business enterprises in the tea growing belt got a reprieve following circulation  of millions of shillings injected from bonus payments. In a spot check in parts of Murang’a, Kirinyaga and Embu counties, traders were stocking their business premises as the farmers withdrew money between Thursday and Saturday. The farmers allied to Nduti,…

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Tea auction earns Sh790.9 million

Photo/ KTDA Holding Chairman Enos Njeru The Mountain Journal The Mombasa tea auction last week fetched Sh790.9 million  from the sale of 2,106,789 Kgs lower that Sh915.2 million of the previous week. In the market, Githongo tea factory led the pack with Sh27.5 million from the sale of 66,780 kgs, Makomboki Sh23.8 million, 56,400 kgs,…

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