Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
The Kapsaos and Sorwot Coffee Cooperatives in Nandi County have registered a remarkable performance at the Nairobi Coffee Exchange (NCE) Auction this week. Kapsoas Farmers’ Cooperative Society stood out by achieving the highest price per lot as it presented 135 bags through their broker, New KPCU, and each bag was purchased by C. Dormans at…
The County Government of Kericho has pledged to assist young coffee farmers with technical advice and logistics in value chain to ensure prosperity. Representing county governor Dr. Erick Mutai during the launch of the sale outlet for coffee products produced by the Kipkelion Youth Service Cooperative LTD at Uhuru Gardens in Kericho, chief officer for…
Coffee farmers in Kirinyaga have high expectations of getting good returns after the Capital Markets Authority (CMA) licensed Kirinyaga Slopes Coffee Brokerage Company Limited as a coffee broker. It joins 13 other firms that have been cleared by the regulator for the role. The move will now see the farmers reap big since the licensing…
Deputy President Rigathi Gachagua has announced that the government will release the coffee cherry revolving fund to farmers soon. He said the government has allocated Ksh4 billion, adding to the Ksh2.7 billion that was earlier allocated, assuring that the government is committed to restoring the glory of the sub-sector as was in the 1980s. “The…
Farmers have welcomed the gradual increase in coffee deliveries to the Nairobi Coffee Exchange (NCE) amid the standoff between the government and coffee cartels. The increased deliveries come at a time when coffee management regulations reforms have caused a near stagnation of the auction and exports. The slow movement is partly blamed on the demand…
More than 3,000 farmers in Machakos County on Friday received agricultural grants worth over Ksh70 million in form of assorted fertilizers, foliar feeds, pesticides and other farm inputs to boost coffee production from Machakos County governor Wavinya Ndeti. The beneficiaries were drawn from Mukuyuni, Kakuyuni and Kambusu Coffee Cooperative Societies situated in Kathiani, Kangundo and…
The Nairobi Coffee Exchange (NCE), yesterday, received the highest number of bags since the implementation of the new coffee regulations. Co-operatives registered 11,432 bags of coffee for the Tuesday auction. They included 612 bags of AA, 164 PB bags and 3,931 AB bags categorized as clean coffee. The coffee comes from 549 cooperatives and estates…
Deputy President (DP) Rigathi Gachagua has said that coffee farmers in the country will now sell their coffee directly to the United States of America (USA) without brokers. Gachagua said that there are ongoing talks with the world’s largest coffee chain, Starbucks Corporation, to sign a landmark deal that will see farmers double their incomes….
Kakamega county Deputy Governor Ayub Savula has disclosed that the county will put up a tea factory in Shinyalu in line with their campaign manifesto. Speaking in an open forum on Public Private Dialogue (PPD), the deputy governor said the tea factory will help improve the livelihoods of farmers in the region. PPD aims to…
The Cabinet has approved the release of an additional Ksh4 billion for coffee farmers. It had earlier on released Ksh3 billion . This implies that farmers will now earn Ksh80 for a kilogramme of cherry from the current Ksh20 as an advance payment. To re-energise the Nairobi Coffee Exchange, the government will also search for better markets for…
