Coffee exchange to accept five CMA-licensed brokers

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Nairobi Coffee Exchange CEO Daniel Mbithi. FILE PHOTO | DIANA NGILA | NMG

The Nairobi Coffee Exchange (NCE) will admit five brokers the Capital Markets Authority (CMA) licensed last year, reversing an earlier stance in which it had resisted their admission to the auction.

The CMA licensed United Eastern Kenya Coffee Marketing Company, Meru County Coffee Marketing Agency Limited, Kipkelion Brokerage Company Limited, Mt Elgon Coffee Marketing Agency, Murang’a County Coffee Dealers Limited and Embu Coffee Farmers Marketing Agency Limited.

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