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It's more trouble for Nakumatt
It’s more trouble for Nakumatt
For the second time in three months, the state-owned processor New KCC is pulling out stocks at Nakumatt owing to huge arrears. New KCC withdrew its stocks last February in protest over delayed payments that went beyond the agreed credit period of 90 days. However, it resumed supplies a month later under a special arrangement with Nakumatt that saw the processor cut supplies by about 20 per cent…
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Govt. to settles dairy farmers Ksh500m debt
Govt. to settles dairy farmers Ksh500m debt
“The 20-year old debt will finally be settled to help boost returns as well as motivate farmers to produce more,” says Deputy President William Ruto Statistics indicate that over 18,000 dairy farmers across the country are set to be paid an outstanding debt of 500 million shillings for milk they supplied to New KCC but had never been paid for the last 20 years. The Deputy President said settling…
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