By NICK MAINAMore by this AuthorThe long-awaited forensic audit of all the 500 coffee farmers’ co-operatives to establish why they continue to sag under huge debts despite past waivers has started. REFORMSCSIC chairman Prof Joseph Kieyah said future debt waivers in favour of small-scale coffee farmers will be determined by the audit, which will affect co-operatives and other affiliated organisations such as rural saccos and county farmers’ unions. “We are currently undertaking a forensic audit of 500 coffee societies in terms of current debts and past granted debt waivers,” he said at a media breakfast session on the status of coffee subsector reforms this week. SUBDIVISION“Through the forensic audit, the government will be able to find out the size of the debts the farmers are grappling with. The Saturday Nation has established that coffee co-operatives are stuck in debt due to overborrowing.

Source: Daily Nation May 25, 2019 06:00 UTC