New KCC (Kenya): The price, and who pays it
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Show notes
In 1924, Rift Valley dairy farmers met because none of them could get a steady price alone. The creamery that followed, Kenya Co-operative Creameries, became in effect the only buyer for the formal urban milk market, a floor under the price. After liberalisation and years of political appointments, it went into receivership in 1999 and was sold to private investors the record does not name. In 2003 the state bought it back for more. Now New KCC pays farmers a price set by presidential directive, has made losses and owes farmers money, and Kenya is again arguing over whether to sell it, keep it or hand it to farmers.
