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Direct payment a game changer in coffee sector
The direct settlement system (DSS) is a banking facility provided by banks regulated by the Central Bank of Kenya for clearing and settling of coffee sales proceeds at the Nairobi Coffee Exchange.
One of the most consequential aspects of the ongoing coffee sub-sector reforms is conceptualisation and operationalisation of the direct settlement system (DSS). To some farmers, it is viewed as liberator and to others it is additional bureaucratic layer that must be done away with.
The DSS is a banking facility provided by commercial institutions regulated by the Central Bank of Kenya for clearing and settling of coffee sales proceeds at the Nairobi Coffee Exchange (NCE).
