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The coffee conspiracy that leaves a bitter taste in the mouths of farmers
A coffee farmer tends her crop. Listed coffee grower Eaagads has announced a 21 per cent drop in profit after tax in the 6-months ended Sept 30, 2015. PHOTO | FILE
An age-old conspiracy between regulators, millers, traders and brokers has deliberately kept Kenyan coffee prices down – even as our top grade Arabica variety continues to fetch premium prices at the international market.
Billions of shillings which could have been paid to local farmers end up in the pockets of these networks as farmers’ harvests are sold at knockdown prices at the Nairobi Coffee Exchange (NCE).