In a significant legislative breakthrough, Deputy President Rigathi Gachagua has successfully advocated for the passage of the Coffee Bill 2023, poised to transform the Kenyan coffee industry. The new bill aims to enhance governance and efficiency, directly benefiting farmers through improved regulations.
“This legislation represents a new dawn for coffee farmers,” Gachagua declared. “We are committed to ensuring their interests are protected and that they can thrive in a more organized market.”
The comprehensive reforms included in the bill will institutionalize best farming practices, promoting sustainability while enhancing the overall quality of coffee production. New measures such as the Capital Markets (Coffee) Exchange 2020 and NCE Trading Rules 2023 will create a more transparent environment for trading, fostering trust among stakeholders.
The new regulations will bolster enforcement and compliance mechanisms, significantly supporting the stability and growth of the coffee industry. “Our goal is to create a safety net for farmers, helping them navigate the challenges they face,” Gachagua added.
With the introduction of these vital policies, the Coffee Bill 2023 addresses the regulatory and commercial hurdles that farmers encounter, paving the way for smoother operations and greater prosperity within the sector. This legislative win marks a pivotal moment for the future of Kenya’s coffee industry, as stakeholders anticipate the positive impact it will have on livelihoods and the economy.