Kenya to lose Sh1.4b in coffee row
16 March 2012, 15:00
Nairobi - Kenya stands to lose an estimated Sh1.4
billion in foreign exchange over the next two weeks if the ongoing
dispute between coffee dealers, producers and millers over free coffee
The stand off over whether inactive coffee dealers should continue
receiving and trading in free samples is threatening to paralyse coffee
auction which would translate in huge losses.
The disagreements have already led to the suspension of March 13
auction after coffee marketers resolved to supply their samples to only
the active dealers who number 29 out of an estimated 80 dealers.
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