The National Assembly Parliamentary Group on Trade, Industry & Cooperatives led by its Chairman, Hon. Kanini Kega recently visited New KCC’s Eldoret Factory as it inspected the on-going billion-shilling modernization projects. The team was received by the Board of Directors, Managing Director and Senior Management of New KCC who briefed the team on the status of various projects at its processing and the ensuing benefits of the modernization and upgrade exercise to the company.
These included but were not limited to enhanced processing capacity and efficiency, growth in annual sale and increased farmers’ payments that had risen to Kes 5B. The company also noted some of the challenges facing the industry that would otherwise impede the good progress it continues to make such as the ongoing trade disputes that had greatly affected its exports market to Tanzania as
well as the high costs of production at the farm level occasioned by costly feeds and other farm inputs. The company reiterated need for all stakeholders to come together to find lasting solutions for the benefit of all players in the dairy industry.
Government funding to New KCC so far stands at Kes 1.105 Billion
Processing Capacity has grown by 33% to 810,000 litres
Milk Payments to Farmers has risen from Kes 2.5B to Kes 5B
Number of Dairy Farmers affiliated to New KCC has grown significantly by 40% and now stands at 80,000
Annual Sales Turn Over has grown from Kes 6.5B to Kes 10B
New KCC’s Market Share has grown from 23% to 32%