Coffee farmers to benefit from Sh3bn fund - News Summed Up

Coffee farmers to benefit from Sh3bn fund


By NICK MAINAMore by this AuthorSmall-scale coffee farmers are set to benefit from a Sh3 billion revolving fund, as a leading world lobby has vowed to fight for higher prices. Farmers will access the fund at a modest interest rate of three per cent per annum,” the President said. REFORMSThe President said coffee production had declined over the years, a situation that has only been mitigated by the “excellent performance of Kenyan coffee at the international market where it has always attracted premium prices”. Further reforms in the sub-sector include transforming the Nairobi Coffee Exchange (NCE) into a commodity exchange platform. “Kenya may be grappling with low coffee production over the years, but her beans still stand out as the best in the world market.


Source: Daily Nation March 27, 2019 03:11 UTC



Loading...
Loading...
  

Loading...

                           
/* -------------------------- overlay advertisemnt -------------------------- */