Author Topic: Final Phase of Writing Off Coffee Loans for Central People?  (Read 2005 times)

Offline Simanova

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Try comparing with what Kibaki and Uhuru have given coffee farmers and substract from whatever profit the country has got and you realize it is more economic to cut down those coffee trees and just give out handouts to the so called farmers. This payout is larger than has ever gone to Sugarcane farmers

"Final"? May be this round.

This is yet another reason people feel the presidency must belong to them. Look at the fraudulent IDPs in camps. How many "Final" resettlement pay outs shall we see in our lifetime?

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http://www.the-star.co.ke/news/2016/07/06/debt-write-off-in-final-phase-coffee-farmers-see-profits-again_c1380777?platform=hootsuite

Online gout

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Re: Final Phase of Writing Off Coffee Loans for Central People?
« Reply #1 on: July 11, 2016, 12:15:04 PM »
There are no poor farmers who benefit from these loan write offs and subsidies as they rarely took loans - it is all for the cartel dons manning the value chains- KPCU old billionaires, factory managers, farmers Sacco managers and the govt brokers. Whether coffee, sugar cane, maize, name it.
Government, even in its best state, is but a necessary evil; in its worst state, an intolerable one ~ Thomas Paine

Offline hk

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Re: Final Phase of Writing Off Coffee Loans for Central People?
« Reply #2 on: July 11, 2016, 12:32:45 PM »
There are no poor farmers who benefit from these loan write offs and subsidies as they rarely took loans - it is all for the cartel dons manning the value chains- KPCU old billionaires, factory managers, farmers Sacco managers and the govt brokers. Whether coffee, sugar cane, maize, name it.
Precisely the best thing in the coffee industry is fully liberalisation which will include amendment to the coffee act. That way farmers dont have to take their coffee to cooperatives . The government is propping a failed system . On another note I think sugar millers debt was written off to the tune of 40b http://www.businessdailyafrica.com/Corporate-News/Treasury-writes-off-Sh40bn-sugar-millers-debt/-/539550/1694480/-/9h3rrkz/-/index.html .Its all exercise in futility, solution is full liberalisation. Horticulture,dairy, nuts isectors are thriving because they arent regulated.