The CS said many cooperatives have been collapsing because of “bad dividend manners” where officials declare dividends even when they have made losses. He said data in the Coffee Yearbook 2022-23 indicates that Kenya’s exports rose to 47,957 metric tonnes, up from 42,858 metric tonnes the previous year. He said the country produced 48,649 metric tonnes of clean coffee in 2022-23 compared to the previous year’s 51,853 metric tonnes. Looking ahead, we project production for the 2023-24 season to increase to 54,800 metric tonnes,” Oparanya said. He said overall, Kenya’s coffee production has decreased dramatically from a peak of 128,000 metric tonnes in 1989 to 34,500 metric tonness in 2020-21.

Source: The Star November 13, 2024 21:46 UTC