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The Capital Markets Authority (CMA) has issued the first set of licences to five coffee brokers in line with the Capital Markets (Coffee Exchange) Regulations, 2020. The licenses will allow the brokers to carry out the role of coffee brokerage services at the Nairobi Coffee Exchange (NCE) from July 1, 2021.
Meru County Coffee Marketing Agency Ltd has been granted a full coffee broker licence while Kipkelion Brokerage Company Ltd, Murang’a County Coffee Dealers Company, Mt Elgon Coffee Marketing Agency and United Eastern Kenya Coffee Marketing Company have been granted conditional licences.
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