Connect with us

Hi, what are you looking for?

Capital Business
Capital Business

Agriculture

New KCC grows market share to close in on Brookside

The state-owned dairy recorded a 2 percent growth compared to the previous year.

NAIROBI, Kenya, May 21 – Latest statistics show that the rate of raw milk uptake by New KCC has increased sharply, in what has been welcomed by farmers and other stakeholders in the dairy industry.

The statistics are contained in the Kenya Dairy Board 2017 data, that shows that New KCC now boasts of 35 percent of the raw milk market.

The state-owned dairy recorded a 2 percent growth compared to the previous year.

The latest statistics show that New KCC is inching closer to Brookside which has a 40 percent share.

Githunguri Dairy Farmers Co-operative is the third biggest dairy with a 10 percent market share.

The dairy firms had experienced challenges at the beginning of 2018 and for the better part of last year due to insufficient milk from farmers which was blamed on drought.

But industry players now say the situation is set to improve due to the heavy rains experienced across the country.

Click to comment
Advertisement

More on Capital Business

Executive Lifestyle

NAIROBI, Kenya, Mar 12 – The country’s super wealthy individuals are increasing their holding of bonds, gold and cash, a new report by Knight...

Ask Kirubi

NAIROBI, Kenya, Mar 9 – Businessman and industrialist Dr. Chris Kirubi has urged members of the public to exercise extreme caution when making any...

Ask Kirubi

NAIROBI, Kenya, Mar 24 – Businessman and industrialist Dr. Chris Kirubi is set to own half of Centum Investment Company PLC, following a go-ahead...

Ask Kirubi

It is without a doubt that the COVID-19 pandemic has caught the whole world by surprise. Although its full impact is yet to be...

Headlines

NAIROBI, Kenya, Mar 18 – Commercial Banks have been ordered to provide relief to borrowers on their personal loans, with loans eligible from March...

Kenya

NAIROBI, Kenya, Jun17 – Kenya’s tea leaves manufacturer Kericho Gold, has been awarded the Superbrands Seal by Superbrands East Africa for their quality variety...

Coronavirus

NAIROBI, Kenya, Apr 13 – As the local telecommunications industry gears up to roll out 5G networks in the country, the Communications Authority of...

Coronavirus

NAIROBI, Kenya, Mar 22 – Airtel Kenya is offering free internet access for students in order to enable continued learning at home in the...