Limuru Tea Issues Third Straight Profit Warning as Weak Prices Bite
Limuru Tea Plc has issued its third consecutive profit warning, saying FY 2025 profit will fall by more than 25% as rising labour costs and weak tea prices weigh on earnings. The alert marks its fifth warning in a decade and comes amid volatile auction prices and higher national tea output. Limuru joins at least 12 NSE-listed firms that have issued profit warnings over the past year.
Iran Requests Kenya's Help in US$3.5bn Tea Corruption Probe
Iran has formally requested Kenya’s assistance in legal investigations tied to a US$ 3.5 billion corruption case involving Debsh Tea Company, the Iranian importer that handled the bulk of the country’s tea imports.
Sasini Shares Jump 59% on KSh 7.9bn Land Sale
Sasini shares have surged about 59% in six trading sessions, closing at KSh 32.00 on Friday, February 13, from KSh 20.10 on February 5, after its FY2025 annual report disclosed an agreed KSh 7.9 billion sale of the Gulmarg Division in Mweiga Estates, Kiambu CountyState to Buy Local Rice Before Duty-Free Imports Resume
Court has ordered the government to first purchase locally produced rice nationwide before proceeding with the remaining half of a planned 500,000-tonne duty-free importMacadamia Season Reopens as AFA Walks Tightrope Between Quality and Farmer Incomes
Kenya’s macadamia nut sector is heading into a critical phase after the Agriculture and Food Authority (AFA) announced the re-opening of the 2025/26 harvesting and trading windowKenya Bans Use of Tea Farmers’ Funds as Loan Collateral
Kenya has banned the use of tea farmers’ funds as collateral for bank loans, tightening government oversight of the ailing tea sector to shield smallholders from financial abuseEU-Backed US$4.3Mn Program Targets Kenya’s Smallholder Farms
Kenya is set to benefit from a US$4.3 million grant from the European Union (EU) aimed at bolstering agricultural productivitySasini Returns To Profit On Higher Coffee Prices But Cash Flow Weakens
Sasini Plc returned to profit in FY2025, posting net income of KSh188Mn after a KSh562.9Mn loss a year earlier, supported by higher coffee and macadamia prices that lifted revenue to a record KSh8.44Bn. The rebound came with pressure beneath the surface, as cost of sales absorbed most revenue gains, operating and free cash flows turned negative, and cash balances fell nearly 40%, highlighting a recovery driven by prices rather than stronger margins or cash generation.Why Rift Valley, Nyanza Tea Farmers Earn Less
The biggest threat to the Kenyan tea industry is not the abrupt convulsions of the global market but the people managing the factories that feed it, according to a new reportPrivate Millers Take Over Troubled Sugar Factories
Private operators taking over the four State-owned sugar mills will pay annual rent of up to KSh 45,000 per hectare and concession fees tied to sugar and molasses productionEaagads Swings to KSh 4.39Mn Interim Profit as Costs Drop and Output Rises
Eaagads has swung back to profit in the six months to September 2025, posting Ksh 4.39M after a Ksh 15.14M loss last year.Court Axes Restrictions For Farmers Sharing Indigenous Seeds
The High Court has struck down key provisions of the Seed and Plant Varieties Act, reshaping the regulatory landscape that has governed how farmers save, exchange, and market indigenous seed
