CMA issues coffee permits amid trading uncertainty

Capital Markets Authority CEO Wycliffe Shamiah during a June 30 briefing in Nairobi. PHOTO | DIANA NGILA | NMG

The Capital Markets Authority (CMA) has extended provisional licences for two coffee marketers by six months and issued full permits to two others even as their trading at the Nairobi Coffee Exchange(NCE) remains uncertain.

Kipkelion Brokerage Company Limited and Murang’a County Coffee Dealers Company now have full licences while Mt Elgon Coffee Marketing Agency Limited and United Eastern Kenya Coffee Marketing Company Limited had their provisional licences extended to April 30, 2022.

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