Coffee prices jump 6 percent in auction

Coffee beans on display at the Nairobi Coffee Exchange. FILE PHOTO | NMG

The value of Kenya’s coffee edged six percent in this week’s trading, helped by higher quality beans and a price surge at the New York Exchange.

A market report from the Nairobi Coffee Exchange (NCE) indicates that a 50-kilogramme bag of coffee fetched Sh11,435, up from Sh10,712 last week.

PAYE Tax Calculator

Note: The results are not exact but very close to the actual.