The Mountain Journal The weekly tea auction generated Sh767.5 million after the sale of 2.058 million kgs of made tea. In the sale dated September 23, Momul Factory achieved the highest price of Sh27 million. Factories in the east of the rift sold 1.4 million kgs, while those from the west of the rift marketed …
The Mountain Journal Thirteen coffee buyers bought 11,480 bags of coffee at Sh471,279,861 during the weekly auction at Nairobi Coffee Exchange (NCE). The proceeds at the first auction in the coffee year 2024/2025 was lower compared to the previous of Sh566.3 million after selling 13,937 bags of the commodity. In the market Kikambuani factory affiliated…
The Mountain Journal In the past year, the coffee sector has made major milestones with farmers following the Nairobi Coffee Exchange (NCE) online during the weekly auction. Nearly all the cooperative societies have managed to sell their produce through the auction with a few using the direct sale window. But there has been a shortcoming…
The Mountain Journal Coffee farmers generated Sh24.3 billion from the sale of 691,956 bags at the Nairobi Coffee Exchange (NCE) in the coffee year 2023/2024, which ended on September 30.. It was a year full of mistrust between the farmers and the players in the sector following delays in remittance of money into the cooperative…
InbI have delivered in coffee reforms’, DP Gachagua says BY DPCS Deputy President Rigathi Gachagua on Friday toured coffee factories in Githunguri, Kiambu County, to check on the progress of the ongoing reforms in the sub-sector and engage farmers on the Government-backed legal and policy changes. During the working tour, Mr Gachagua, who was in…
The Mountain Journal The Tea Board of Kenya (TBK) has moved a step further pleading with the farmers to focus on quality rather than quantity to enjoy higher bonuses. The TBK has started a campaign in tea growing areas, encouraging the farmers and smallholder farmers to prioritise picking quality tea leaves to increase their earnings….
The Mountain Journal The Coffee weekly auction raised Sh566.3 million after the sale of 13,937 bags of coffee. Tuesday’s market marked the last coffee auction for the coffee year 2023/2024 comes as we are looking ahead to usher in the new year on 2024/2025 on October 1. The weekly sales reflected an increase from the…
The Nairobi Coffee Exchange (NCE) has directed the coffee cooperatives and estates to be linked with Direct Settlement Systems (DSS) to help streamline the payment procedures. According to NCE, the DSS will list down all the service providers and access details of the coffee reports from the auction after the weekly sales. “By joining the platform, the…
The Mountain Journal The pressure mounted by tea growers at Githambo tea factory in Murang’a has forced its three directors to tender their resignation. Led by their chairman Joseph Karanu, the directors Stanley Wagura, and Ms Winnie Njoki bowed to the pressure that started a week ago after the growers expressed their dissatisfaction with the…
BY DPCS Deputy President Rigathi Gachagua has asked tea factories to hasten process of shifting their investment towards production of Orthodox tea due to its high demand globally. Stating that the Orthodox tea has capacity to unlock growth and profits of the small scale farmers, Mr Gachagua urged the Kenya Tea Development Agency- managed factories…
