Treasury Avails KES 3.55 Billion for Fertilizer Subsidy
National Treasury has availed KES 3.55 billion to start implementation of the fertilizer subsidy programme that will start with counties undertaking planting during the short rains season of 2022. The [...]
Coffee Exports Earnings Hit KES 25.2 Billion
Kenya’s coffee exports earnings in the 11 months to August 2022 increased by KES 9.8 billion ($81 million), attributed to higher volumes and better prices in the international market on [...]Tea Prices Decline Slightly at the Weekly Auction as Demand Shrinks
Tea prices at the weekly Mombasa auction dipped slightly this week amid decreased demand for the commodity. At this week’s auction, a kilo averaged USD2.24(Sh269.92), down from USD2.28(Sh274.74) last week. [...]
Prices at Coffee Auction Fall to 3-Month Low
The price of Kenya’s coffee at the Nairobi coffee auction dropped to a three-month low in this week’s sale, reflecting lower demand due to rising inflation in key markets. Data [...]Uganda's Farmers Millers Seek to Ban Maize Exports
Ugandan farmers and millers are vouching for a ban on the export of maize, seeking to retain husks used for the manufacture of animal feeds. Following the disruption of grain [...]Tanzania Freezes Issuance of New Maize Import Permits for Kenyan Traders
Tanzania has frozen the issuance of new maize export permits for Kenyan traders since last week, a move likely to worsen the shortage of the product in Kenya, and drive [...]Prices Rise at Weekly Tea Auction to Hit $2.26 Per Kg
The weekly Mombasa Tea Auction held on 30th and 31st August 2022 had 10.7 million kilograms of tea offered for sale. The amount on offer decreased from the 12.3 million kilograms offered [...]Ethiopia Set to Sell Eight Sugar Factories in Bid to Improve Local Production
Ethiopia aims to wean local millers off state budgetary support and improve local production by selling eight sugar factories. This week, the government announced Ernst Young LLP will advise on [...]Kenyan Coffee Prices Boom Following Shortage in Brazil
Kenyan coffee farmers may be set for an earnings boom following a major crop failure in Brazil, the world’s leading producer. Market analysts project a sharp rise in the global [...]Prices Stagnate at Weekly Tea Auction
The weekly Mombasa Tea Auction held on 22nd, 23rd and 24th August 2022 had 12.3 million kilograms of tea offered for sale. The amount on offer was similar as during the previous [...]Sugar Production Increases by 15% Between January July
Sugar production between January and July increased by 15% when compared with a similar period last year, compelling the sector regulator to cut imports by nearly half last month. Data [...]Tea Exports Fall 28% to 37 Million Kilograms in May
Tea exports reduced 28% in the month of May as compared to the same period last year despite increased production due to good weather. Data from the Tea Board of [...]
