NCE chief executive Lisper Ndung’u. [File, Standard]
Coffee farmers generated Sh24.3 billion from the sale of 691,956 bags at the Nairobi Coffee Exchange (NCE) during the coffee year 2023/2024, that ends today.
It was a year full of mistrust between the farmers and players in the sector following delays in remittance of money into cooperative societies bank accounts and other challenges.
Between October and December, Deputy President Rigathi Gachagua pleaded with coffee farmers to sell their coffee through the NCE, after majority declined as they demanded continued trading with former marketers.
In January, coffee brokers led by Kirinyaga Slopes, Alliance Berries and New KPCU mobilised cooperative societies to deliver coffee through the auction.
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