Coffee prices dip, layoffs loom amid Rigathi Gachagua reforms

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Metrin Wafula, a coffee farmer at Cheptais in Bungoma County harvests ripe berries. FILE PHOTO | NMG

The volume and prices of coffee sold at the Nairobi Coffee Exchange (NCE) have fallen sharply as traders and buyers kept off the market amid looming worker layoffs by processors as confusion over the issuance of trading permits by the State intensified.

The dismal performance at the NCE coincides with reforms under the stewardship of Deputy President Rigathi Gachagua, who oversaw the relaunch of the exchange in mid-August.

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