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New KPCU denies claims of stealing coffee from Meru factory

Sacco Review3 months ago3 months ago03 mins

The New Kenya Planters Cooperative Union (KPCU) has denied claims that it stole coffee from a coffee factory located in South Imenti constituency, Meru County. Speaking at the New KPCU Meru depot during an inspection tour of the facility, Chairman Daniel Chemno said that the allegations are baseless and only meant to tarnish their name…

Lackluster performance of some cooperatives reason for State expropriation

Sacco Review2 years ago2 years ago06 mins

By Fred Sitati In the recent past, the cooperative movement has lost two flagship cooperative institutions to the state through expropriation. These cooperatives are Kenya Cooperative Creameries (KCC) and Kenya Planters Cooperative Union (KPCU). KCC was renamed New KCC while KPCU was rebranded to New KPCU Ltd. The new effect of this change is that…

Review Coffee Cherry regulations to benefit farmers

Sacco Review3 years ago3 years ago09 mins

By Correspondent The much-anticipated turnaround of coffee cooperatives following the introduction of cherry advances to the farmers by the recently created New KPCU, a state corporation, continues to elicit mixed reactions from those expected to benefit from the proposed interventions. A cursory assessment shows that the uptake of this facility remains way below expectations despite…

Munya says KPCU will protect farmers from brokers

Sacco Review3 years ago3 years ago04 mins

By John Majau Agriculture CS Peter Munya has urged farmers to take coffee to the New Kenya Planters Cooperative Union (KPCU). He said the government has enforced new regulations for the benefit of farmers by sealing loopholes that existed before. He warned farmers that they will only have themselves to blame if they take their…

Allow farmers to borrow from coffee cherry funds- Munya

Sacco Review3 years ago3 years ago01 mins

By Malachi Motano Agriculture Cabinet Secretary Peter Munya has ordered boards of coffee cooperative societies to allow farmers to borrow from the Sh3 billion coffee advance cherry fund. “It is not right for boards to deny farmers their right by failing to sign forms presented to them.From now on my office will crack the whip…

Gov’t urged to pay salaries through Saccos

Sacco Review3 years ago3 years ago03 mins

By Our Reporter Amica Sacco chairman Hezron Maina Muchiri has asked the government to channel salaries for public servants and payment to suppliers through Saccos. Muchiri said the money will boost Sacco portfolios and also improve their financial status. He lamented that payment of civil servants and entrepreneurs exclusively through banks was alienating Saccos from…

Munya: Take coffee to new KPCU

Sacco Review3 years ago3 years ago04 mins

By John Majau Agriculture CS Peter Munya has urged farmers to take coffee to the New Kenya Planters Cooperative Union (KPCU). He said the government has enforced new regulations for the benefit of farmers to seal loopholes that existed before. He warned farmers that they will only have themselves to blame if they take their…

75-year old KPCU put up for sale

Sacco Review4 years ago4 years ago03 mins

By Jackson Okoth Heavily indebted Kenya Planters Co-operative Union (KPCU), which has been under receivership for years, is finally on its final dash to oblivion. A liquidation process, to run over the next six months, will eventually bring down the curtain of the oldest and largest coffee processor in Kenya. In a gazetted liquidation order,…