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NCPB Faces Auction Over Ksh7 3 Billion Debt

NCPB Faces Auction Over Ksh7 3 Billion Debt
kenyans.co.ke - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from kenyans.co.ke Daily Mail and Mail on Sunday newspapers.

Mutea iringoCredit reference bureauDepartment of devolutionAgriculture food authorityOffices of the kenya national cerealsNational cerealsNational assembly agricultureFormer interiorProduce boardReference bureauKenya national cerealsBig four agendaகடன் குறிப்பு பணியகம்அலுவலகங்கள் ஆஃப் தி கேந்ய தேசிய சிஇஆர்இஏஎல்எஸ்தேசிய சிஇஆர்இஏஎல்எஸ்முன்னாள் உட்புறம்

Cash-starved NCPB faces auction over Sh7 3 billion debt

Currently, the total interest charged stands at Sh3.1 billion. “It was worth noting that the total loan exposure is Sh7.3 billion – Sh6.38 billion unserviced KCB facility and Sh1.0 billion being the interest charges paid from NCPB resources which is reimbursable,” he explained. Failure to pay Subscribe to our newsletter and stay updated on the latest developments and special offers! He said due to the failure to pay the loan, KCB recalled the entire loan facility in March last year, overdrawing the NCBP operating accounts held with the bank. He said this action blocked NCPB from accessing banking services from KCB, which is its main banker.

Silas tiren moibenMutea iringoKenya commercial bankAgriculture development corporationDepartment of devolutionAssets of the national cerealsAgriculture food authorityNational assembly agricultureNational cerealsProduce boardKenya commercialState departmentCounty governmentNational assemblyWarehousing receipt system projectSilas tiren

Farmers hoard maize, eyeing higher prices

Farmers are holding onto 96 per cent of the total stock of maize in the county, hoping to take advantage of higher prices in the coming months.

Ministry of agricultureNational cerealsProduce boardNorth riftதேசிய சிஇஆர்இஏஎல்எஸ்ப்ரொட்யூஸ் பலகைவடக்கு பிளவு

Farmers: Pay NCPB so it buys our maize - FarmKenya Initiative

FARMKENYA INITIATIVE Crop By Lynn Kolongei | March 13th 2021 at 12:00:00 GMT +0300 Farmers in the North Rift have protested over a decision by the National Cereals and Produce Board (NCPB) to stop buying their maize due to lack of funds. The farmers, who have been queueing outside the NCPB stores in Eldoret since Monday, now want the government to pay billions of shillings it owes the agency to enable resumption of business. We understand that the government owes Sh16 billion to the NCPB. The government should fund the cereals body so that farmers can sell their produce. Many farmers are stranded because returning the produce back to their homes is costly,” said Joseph Chesire, a farmer from Moiben.

Rift valleyJoseph chesireKipkorir menjoKenya farmers associationNational cerealsNorth riftProduce boardFarmers ncpbபிளவு பள்ளத்தாக்குஜோசப் செசிரேகேந்ய விவசாயிகள் சங்கம்தேசிய சிஇஆர்இஏஎல்எஸ்வடக்கு பிளவுப்ரொட்யூஸ் பலகை

NCPB says fast running out of cash to buy maize

NCPB says fast running out of cash to buy maize
businessdailyafrica.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businessdailyafrica.com Daily Mail and Mail on Sunday newspapers.

Njeru ndwigaJoseph kimoteNational cerealsProduce boardEmbu senator njeruதேசிய சிஇஆர்இஏஎல்எஸ்ப்ரொட்யூஸ் பலகை