New-KCC

New KCC to get Sh400m repair, says DP Ruto

12th Nov 2015

THE state will spend Sh400 million to repair and modernise machinery at the New KCC dairy company in Eldoret, Deputy President William Ruto has said. Some Rift Valley farmers have opposed the company’s privatisation, arguing that powerful people are scheming to take over its Sh6 billion assets. “Farmers supply only about 120,000 litres per day at the KCC in Eldoret,…Read More

nkcc

New KCC valued at Sh4.8bn ahead of privatisation

12th Nov 2015

The New Kenya Co-operative Creameries (New KCC) had an asset base of Sh4.8 billion as at February 2014, a due diligence report on the planned privatisation of the milk processor shows. The draft report dated February 20, 2014 was prepared by a consortium of firms led by Standard Investment Bank (SIB). Other firms involved in drafting the report include Deloitte…Read More

New-KCC-sponsors-Farmers'-Israel-Tour

New KCC sponsors Farmers’ Israel Tour

20th Sep 2015

A group of close to 120 Kenyans — dairy farmers and a battery of journalists — are in Israel to sample the country’s top-edge dairy farming technology, a trip sponsored by New KCC. As we traverse a number of small towns and centres, the desert climate in Israel is evident. After a relaxed night, our morning programme starts on high…Read More

milk-plant

New KCC allocated Sh400m to set up powder milk plant

18th Sep 2015

New Kenya Cooperative Creameries (New KCC) will be allocated Sh400 million in the financial year starting July to establish its first powder milk plant. The Budget committee has directed the Treasury to allocate the state-owned firm the cash to set up a plant which will absorb excess milk from farmers, sparing them the losses such as those witnessed in 2010…Read More

israel

Kenyan envoy to Israel pledges support for Kenyan dairy farmers

16th Sep 2015

Kenyan Ambassador to Israel, Augostino Njoroge, has pledged his support for dairy farmers who wish to borrow expertise from Israel to boost milk production. This comes even as New KCC (NKCC) plans to roll out strategic projects in milk producing zones to tackle the perennial milk shortage. Speaking in Israel after hosting New KCC farmers to a dinner, Mr Njoroge…Read More