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    Kenya's Agriculture GDP Crosses KSh 4 Trillion in 2025 as Pandemic Spike Holds

    Kenya's Agriculture GDP Crosses KSh 4 Trillion in 2025 as Pandemic Spike Holds

    Kenya's agriculture, forestry and fishing sector generated KSh 4.07 trillion in 2025, equivalent to 23.2% of GDP, its highest share since at least 2009, according to the Economic Survey 2026. The sector remains Kenya's largest, more than three times the size of financial services and manufacturing. Growth slowed to 3.1% from 4.4% in 2024, weighed down by an 8.0% decline in tea production and a 24.7% fall in cane deliveries. Fishing and aquaculture was the standout performer, expanding 16.5%.
    Harry
    Harry Njuguna
    3 days ago
    Kenyan Agritech SokoFresh Lands KSh 65Mn Concessional Loan

    Kenyan Agritech SokoFresh Lands KSh 65Mn Concessional Loan

    SokoFresh will expand storage network across Kenya’s horticultural and staple crop value chains, with projections of reaching roughly 5,000 smallholder farmers annually. 
    Brian
    Brian Nzomo
    6 days ago
    Flush with US$15mn, Victory Farms Plans 390-Acre Fish Site in Lake Victoria

    Flush with US$15mn, Victory Farms Plans 390-Acre Fish Site in Lake Victoria

    Last week, AgDevCo committed a US$ 15mn follow-on investment into Victory Group through a mezzanine loan, its second backing after an initial US$ 4mn investment.
    Brian
    Brian Nzomo
    13 days ago
    Middle East Conflict Could Cut Africa's Economic Growth by 0.2% in 2026- Report

    Middle East Conflict Could Cut Africa's Economic Growth by 0.2% in 2026- Report

    The crisis in the Middle East will shave Africa's projected economic growth by at least 0.2% this year, a joint policy paper by continental and global institutions shows. 
    Staff
    Staff Reporter
    16 days ago
    Kazakhstan, Oman, Open New Growth Markets for Kenya's Tea

    Kazakhstan, Oman, Open New Growth Markets for Kenya's Tea

    Kazakhstan tea imports recorded an increase of 15.92 Million Kgs (186.92%) while Oman recorded an increase of 13.53 Million Kgs (320.14%). 
    Brian
    Brian Nzomo
    a month ago
    Parliament Probes KSh 752mn Miwani Sugar Land Auction

    Parliament Probes KSh 752mn Miwani Sugar Land Auction

    The parliamentary inquiry was triggered by a petition tabled by Suba South MP Caroli Omondi, which calls for a full accounting of the land’s ownership history, the identities behind Crossley Holdings, and the actions or inaction  of public officials involved.
    Fred
    Fred Obura
    a month ago
    Kakuzi Returns to Profit on KSh 1.07 Bn on Avocado, Macadamia Haul

    Kakuzi Returns to Profit on KSh 1.07 Bn on Avocado, Macadamia Haul

    Kakuzi Plc posted a pre-tax profit of KSh 568.4 Mn for FY2025 after a KSh 166.7 Mn loss in FY2024. Revenue rose 12% to KSh 5.37 Bn, the second-highest in the company's 32-year record. Avocado profit nearly doubled to KSh 709 Mn on 23% higher production despite lower European prices. Macadamia surged to KSh 365 Mn from KSh 69 Mn on a 30% kernel price recovery. Tea swung to a KSh 53 Mn loss. Blueberries turned profitable for the first time. Selling costs surged 47% on Red Sea disruptions, compressing the pre-tax margin to 10.6%. Dividend doubled to KSh 16.
    Harry
    Harry Njuguna
    a month ago
    Williamson Tea's CEO Transition Marks 10th Listed C-Suite Shift in a Year

    Williamson Tea's CEO Transition Marks 10th Listed C-Suite Shift in a Year

    Williamson Tea Kenya and Kapchorua Tea Kenya have announced the retirement of Alan Carmichael as Managing Director and CEO effective 31 March 2026, ending an 18-year tenure and a career spanning five decades in the tea industry. His successor, Angus Nyariki Omete, takes over on 1 April 2026. Omete joined the company as a graduate trainee in November 1999 and has spent his entire 26-year career within the group, rising to Group Chief Financial Officer. The transition is the 10th top-level leadership change at an NSE-listed company in the past 12 months.
    Harry
    Harry Njuguna
    a month ago
    NCPB to Take Over Maize Seed Subsidy Program After Delays

    NCPB to Take Over Maize Seed Subsidy Program After Delays

    Parliament has ordered the National Cereals and Produce Board (NCPB) to take over the country’s maize seed subsidy program, removing Kenya Seed Company from its role amid concerns over delayed delivery and financial losses
    Brian
    Brian Nzomo
    2 months ago
    President Ruto Signs Law Overhauling Kenya’s Coffee Sector

    President Ruto Signs Law Overhauling Kenya’s Coffee Sector

    President William Ruto has signed into law reforms reshaping Kenya’s coffee industry, establishing a new Coffee Board of Kenya and shifting regulation away from the Agriculture and Food Authority (AFA)
    Brian
    Brian Nzomo
    2 months ago
    Kenya's Tea Exports in the Crosshairs of Global Conflicts

    Kenya's Tea Exports in the Crosshairs of Global Conflicts

    Ten destinations account for 82.7% of Kenya’s monthly tea exports, and most of them are currently grappling with internal and external conflicts. 
    Brian
    Brian Nzomo
    2 months ago
    Limuru Tea Issues Third Straight Profit Warning as Weak Prices Bite

    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.
    Harry
    Harry Njuguna
    2 months ago

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