The Mountain Journal editor@themountainjournal.co.ke The New KPCU has been on the spot after the parliament unearthed extensive financial and administrative irregularities of more than Sh 1billion, in unsupported expenditure and unlawful staff retention practices. National Assembly’s Public Investments Committee on Social Services, Administration and Agriculture (PIC-SSAA) chaired by Navakholo MP Emmanuel Wangwe, interrogated New KPCU’…
The Mountain Journal editor@themountainjournal.co.ke A task force instituted to establish the cause of the disparity in the tea prices has recommended reduction of the production costs, among other radical interventions. The tea pricing inquiry committee recommended an independent audit on adherence and compliance to legislation on the licensing of factories by the Tea Board of…
The Mountain Journal The coffee market continued to offer the farmers better prices, after the weekly auction fetched Sh1.2 billion after the sale of 19,583 bags, registering the highest consignment since October 1. The Nairobi Coffee Exchange (NCE) reports indicated that coffee brokers Alliance Berries Limited and Kirinyaga Slopes affiliated factories achieved the highest prices…
The Mountain Journal editor@themountainjournal.co.ke A major crisis is looming in the tea small holder tea factories after the government ordered KTDA directors holding direct and indirect commercial interests with other companies to relinquish their positions within 30 days. The Ministry of Agriculture has directed the Tea Board of Kenya (TBK) to ensure there is full…
The Mountain Journal editor@themountainjournal.co.ke Coffee production within Kihuyo and Giathugu areas in Nyeri county is on the rise after the farmers embraced agroecology practise. The impact of equipping farmers with agro ecology knowledge has led to improved production of the coffee processed at Kihuro coffee cooperative society in Kieni West sub county, in Nyeri County…
The Mountain Journal editor@themountainjournal.co.ke The effects of reduced management fee has been felt across the tea factories after they posted lower fees compared to that of the previous years. The management fee was reduced to 1.5 percent from 2.5 percent of the net sale of tea in both auction and direct markets, to conform with…
KTDA Board Member Mr Enos Njeru The Mountain Journal editor@themountainjournal.co.ke A crisis is looming in the tea sector following a proposal by farmers to institute legal proceedings against the Tea Amendment Bill currently in the committee stage in the parliament The farmers want parliament to halt deliberations on the bill, arguing that if allowed, the…
The Mountain Journal editor@themountainjourna;.co.ke The state suffered a blow after the High Court ordered the coffee regulator to hold a public participation forum on the implementation of coffee exchange fees 2024 in six months. High Court Judge Edward Muriithi in a landmark ruling ordered the Capital Markets Authority (CMA) to hold fresh public participation forums…
The Mountain Journal editor@themountainjournal.co.ke The Kenya tea was exported to 59 export destinations in August this year as the farmers produced 22.86 million kgs. In the month, a report from the Tea Board of Kenya (TBK) outlined that Pakistan maintained the leading purchasing 20.83 Million Kgs, accounting for 40 percent of the total export volume. …
The Mountain Journal editor@themountainjournal The coffee cooperative societies and estates fetched Sh 765 million after the sale of 12,296 bags of coffee at the Nairobi Coffee Exchange (NCE). The weekly earning is less than last week’s Sh 1.22 billion, after the auction of 13,786 bags. The NCE report stated that 10 coffee brokers participated offering…
