Nairobi, March 8 -- The Capital Markets Authority (CMA) is set to play a major role in the regulation of the Nairobi Coffee Exchange in the planned restructuring of the auction, Co-operatives Cabinet Secretary Samuel Chelugui has said.

Mr Chelugui says the coffee auction will be restructured to give the CMA a central role and also have adequate farmers' representation on the board of management to make it all-inclusive.

Currently, the Nairobi Coffee Exchange (NCE) management comprises mainly marketers and roasters, according to the CS.

"If you look at the management of NCE, it is full of marketers and roasters with limited representation from farmers. There must be a policy change that will allow farmers and the government to have a se...