Sensitization meeting for coffee farmers.

Coffee reforms bear fruits as farmers request to be paid in dollars

In the past year, coffee reforms have led to the auction of 496,440 bags of coffee through the Nairobi Coffee Exchange (NCE) earning the country more than KSh17 billion. The reforms steered by NCE and Capital Markets Authority (CMA) have been ranked the best as the system has been transparent to benefit the farmers in…

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cooperative
President Dr. William Ruto

Ruto warns coffee farmers against taking huge loans after debt waiver

President William Ruto has warned coffee farmers against taking more loans following a waiver issued by the government recently. Speaking at Gitooro ASK showground in Meru County during the Meru Cooperative Dairy Union 9th Farmers Field Day, Ruto cautioned the cooperatives coffee society officials against taking more loans unless it is approved by farmers themselves….

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Nairobi Security Exchange.

Higher returns for coffee farmers as NCE prices soar

The ongoing coffee reforms are bearing fruit as prices at the Nairobi Coffee Exchange (NCE) shoot up to all-time highs, the last week of February auction has given the solid proof. During the week’s auction on February 27, 2024, the prices rose to $9 million (approximately KSh717. 5 million), with action volume increasing to KSh1.3…

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Nandi county cooperatives shine in Nairobi Coffee Exchange

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…

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Kirinyaga company cleared to sell coffee directly to Nairobi Coffee Exchange

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…

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Cabinet approves an additional Ksh4B for coffee farmers

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…

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