Sharp Daily
No Result
View All Result
Saturday, December 27, 2025
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team
Sharp Daily
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team
No Result
View All Result
Sharp Daily
No Result
View All Result
Home News

Govt unveils reforms to revive the coffee sector

Brenda Murungi by Brenda Murungi
January 19, 2024
in News
Reading Time: 2 mins read

Cooperative and Small Medium and Micro Enterprises (MSMEs) Cabinet Secretary, Simon Chelugui, has announced that the ministry has introduced the Cooperative Bill 2023 and Coffee Bill 2023 to enhance the efficiency of the coffee sector’s administration and combat fraudulent practices by cooperative officials.

The decline in the nation’s coffee production from 128,000 tonnes to 51,000 tonnes has been attributed to factors such as low prices, poor management, and theft of produce from factories. In response, the government, under Chelugui’s guidance, has established a minimum price of KES 80 per kg of coffee.

Farmers will receive KES 40 upon delivery to the factory and an additional KES 40 after the milling process. Payment will be facilitated through a Direct Sales Agreement (DSS) to farmers’ Mpesa or bank accounts upon the sale of their coffee.

Chelugui emphasized these initiatives during a sensitization and registration forum on the Coffee Cherry Advance Revolving Fund in Kisii town. He encouraged farmers to enhance the quality and quantity of their coffee to capitalize on the rising global market prices.

RELATEDPOSTS

Hustler Fund reports 78% repayment rate amid management scrutiny

July 10, 2024

OPINION: Kenya’s call for accountability and reforms

September 15, 2024

To further support farmers, the government has granted licenses to 14 cooperative unions nationwide, enabling them to represent farmers at the Nairobi Coffee Exchange (NCE). This move aims to streamline the representation of farmers and ensure their interests are effectively represented in the market.

Previous Post

LSK deems Supreme Court’s ban on lawyer Ahmednasir unlawful

Next Post

Kenya plans exit from G2G oil deal amid Forex concerns

Brenda Murungi

Brenda Murungi

Related Posts

News

As mobile money grows, so does the question of protection.

December 24, 2025
News

The Economics of Sports, Events, and Entertainment as a New Growth Sector in Kenya

December 24, 2025
News

How Remittances Are Shaping Kenya’s Domestic Investment Landscape

December 24, 2025
News

Why Cold Storage and Logistics Are the Missing Link in Kenya’s Agribusiness Growth

December 24, 2025
News

How Domestic Tourism Is Emerging as a Resilient Investment Sector in Kenya

December 24, 2025
News

Is Mobile Money Making Kenyans Better Savers or Better Spenders?

December 24, 2025

LATEST STORIES

As mobile money grows, so does the question of protection.

December 24, 2025

The Economics of Sports, Events, and Entertainment as a New Growth Sector in Kenya

December 24, 2025

How Remittances Are Shaping Kenya’s Domestic Investment Landscape

December 24, 2025

Why Cold Storage and Logistics Are the Missing Link in Kenya’s Agribusiness Growth

December 24, 2025

How Domestic Tourism Is Emerging as a Resilient Investment Sector in Kenya

December 24, 2025

Is Mobile Money Making Kenyans Better Savers or Better Spenders?

December 24, 2025

Overview of the National Social Security Fund (NSSF) Act, 2013

December 24, 2025

Family demands probe into death of former likuyani MP Dr. Enoch Kibunguchy

December 24, 2025
  • About Us
  • Meet The Team
  • Careers
  • Privacy Policy
  • Terms and Conditions
Email us: editor@thesharpdaily.com

Sharp Daily © 2024

No Result
View All Result
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team

Sharp Daily © 2024