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NAIROBI, Kenya, Feb 9 -The Capital Markets Authority (CMA) has granted full licenses to Mt. Elgon Coffee Marketing Agency Limited and United Eastern Kenya Kenya breaking news | Kenya news today |
Newly licensed coffee brokers locked out of NCE on system glitch Summary The five coffee traders the Capital Markets Authority (CMA) licensed will not take part in this week’s auction for lack of infrastructure support. The brokers were licensed by the CMA last week to start trading directly at the Nairobi Coffee Exchange (NCE) without necessarily going through the marketers as has been the case previously. Preparations for the next auction normally starts on Thursdays, when traders are required to submit coffee samples to aid in the making of the catalogue to guide the auction. Monday July...