16.5 C
Nairobi
Thursday, September 19, 2024
16.5 C
Nairobi
Thursday, September 19, 2024

Cabinet Warns Coffee Farmers’ Creditors Against Fraudulent Claims, Approves Ksh6.8B Debt Waiver

The Cabinet has issued a warning to creditors of coffee farmers against submitting fraudulent or fictitious claims.

The Cabinet has approved a debt waiver totaling Ksh6.8 billion for coffee farmers. Creditors, including coffee cooperatives, Saccos, and other entities, are required to submit a list of farmers who owe them money along with supporting documents to the Ministry for Cooperatives within seven days for verification and processing of payment.

“Any fraudulent or fictitious claims will be dealt with in accordance with the law,” the cabinet stated.

The New Kenya Planters Cooperative Union (KPCU) will also undergo modernization to meet international best practices.

The establishment of modern eco-pulpers in emerging coffee-growing areas is also planned to enhance the primary processing of coffee, with the aim of improving efficiency and sustainability in the sub-sector. Furthermore, the Coffee Research Institute (CRI) will provide improved coffee seedlings to farmers. The country’s goal is to increase coffee production to 200,000 metric tonnes by 2027.

 

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