BY DPCS Deputy President Rigathi Gachagua has asked Coffee Cooperative Societies to publish and make known details of their financial costs and deductions to their members. This comes amid heightened efforts to entrench efficient financial management practices in the cooperative movement through legal, regulatory and policy reforms, alongside the coffee subsector. At the same time,…
The Mountain Journal Tea stakeholders have started working on a process that will facilitate the separation of accounts of satellites from the parent factories. A high-profile meeting attended by KTDA Group Chief Executive Officer Wilson Muthaura, Agriculture Principal Secretary Dr Paul Rono, and representatives from the Tea Board of Kenya (TBK) drew a road map…
The Mountain Journal Seventeen coffee buyers participated in the Nairobi Coffee Exchange (NCE) where they purchased 9,714 bags of the commodity at Sh370.9 million. The weekly auction gave less amount as compared to the previous week of Sh455 million after the sale of 11,944 bags of coffee that were bought by 17 local and international…
The Mountain Journal On the spot are the private tea factories blamed on buying low quality green leaf from farmers and middlemen, with the Tea Board of Kenya (TBK) directed to revoke their licenses of the culprits. The controversy surrounding the quality of green leaf was a debate at the centre during the tea directors…
The Mountain Journal The Government must protect the interests of the 800,000 tea growers that need the factory directors to ensure fairness in the operations. Deputy President Rigathi Gachagua has emphasized that the government has a key interest in the sector calling on the directors to ensure the cost of production was brought down to…
The Mountain Journal A high profile KTDA meeting to induct the newly elected factory directors was disrupted after a heated argument after two factions differed on how to reconstitute the KTDA Management Services (MS) and do away with the indpendent directors. In a heated debate in Mombasa, those demanding to do away with the directors…
The Mountain Journal Seventeen coffee buyers injected Sh455 million after they bought 11,944 bags of the commodity. In the auction, the buyers purchased bags of coffee sourced from the cooperative societies and estate farmers reflected more as compared to the earnings of the previous week of Sh374 million. Gitare and Gichuka factories produce, marketed by…
The Mountain Journal Two KTDA directors yet to be confirmed two months after they were elected have moved to court seeking orders they be involved in the management of Kiru Tea Factory in Murang’a. The aggrieved directors, Eston Gakungu Gikoreh and Martin Ngatia Munga have moved to court under certificate of urgency arguing that on…
The Kenya Tea Development Agency (KTDA) Holding has urged farmers to pick the best green leaf as it sets minimum quality standards in all tea processing factories. KTDA Chairman Enos Njeru says this will ensure the competitiveness of Kenya’s products in the global market and that ensures it remains the product of choice. The move…
By Francis Kamande a coffee auction expert Farmers across the coffee belt are seeking the registration of new players to provide Direct Settlement System (DSS) to satisfy the expanding coffee sector in Kenya. With the increased clamour for recruitment of a second player as an alternative to the Cooperative Bank of Kenya, the farmers say…
