Kenya Orchards Net Earnings hit KSh3.7 Million
Kenya Orchards Plc, a listed firm that manufactures and sells fruit and vegetable bottled and canned products for domestic consumption in Kenya, has emerged from a net loss of KSh [...]
Tea Farmers to Earn More Following Automation of Trade
Tea farmers are set to earn more following the automation of trading at the Mombasa auction amid concerns of price manipulation at the facility that determines growers’ bonuses. Currently, buyers [...]
World Bank Approves $250 Million for New Agriculture Project in Kenya
The World Bank has approved $250 million International Development Association (IDA) credit for a new Agricultural Value Chain Development Project (NAVCDP) in Kenya. The project seeks to increase market participation [...]
Coffee Farmers Pursue Direct Link to Embassies
Coffee farmers want the government to facilitate them to sell their produce directly to consumers through embassies and high commissions in coffee-consuming countries. Speaking during the coffee farmers exhibition at [...]Prices Continue to Rise at Weekly Tea Auction
The weekly Mombasa Tea Auction held on 21st, 22nd, and 23rd March 2022 had 13.1 million kilograms of tea offered for sale. The amount on offer increased from 12.9 million kilograms during [...]Kakuzi Plc 2021 Net Earnings falls 48.5% to KSh 319.7 Million
Kakuzi Plc, an agricultural firm listed at the Nairobi Securities Exchange(NSE) and also trading at the London Stock Exchange, posted a 49% decline in net profit for the financial year [...]Weekly Tea Auction Records Slight Increase in Prices
The weekly Mombasa Tea Auction held on 14th, 15th, and 16th March 2022 had 12.9 million kilograms of tea offered for sale. The amount on offer decreased from 13.3 million kilograms during [...]Maize Flour Prices Set to Rise due to Shortages
The price of maize flour could go up by kes 2 for a two-kilogramme packet in the coming day. The rise in prices is attributed to shortages in the market [...]Kakuzi Plc Gets Regulatory Approval to Export Avocados to China
Kakuzi Plc, a listed Kenyan Agricultural Company trading on both the Nairobi and London Stock Exchange, has secured approval from the Kenya Plant Health Inspectorate Service(KEPHIS), to process and prepare [...]Tea Auction Prices Decrease to $2.29 per Kilogram
The weekly Mombasa Tea Auction held on 7th, 8th, and 9th March 2022 had 13.3 million kilograms of tea offered for sale. The amount on offer increased from 12.7 million kilograms during [...]Kenya's Fresh Avocado Exports Finally Allowed into China
Kenya's fresh avocado exports have finally been allowed entry into China, after China reversed an initial requirement that only allowed frozen produce. China had locked out the fresh produce in [...]Unga Group Plc Net Earnings for Six Months Ended December 31st Year 2021 falls 89.3% to KSh 8.5 Million
The Miller also recorded a decline in revenue to KSh 8.8 Billion last six months of 2021 compared to KSh 9.7 Billion over a similar period in 2020. Operating profit [...]
