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 [...]Mumias Sugar Outgrowers want Case over Leasing of Factory Referred to Chief Justice
Mumias Outgrowers Company (1998) Limited now want the case filed by five farmers challenging leasing of Mumias Sugar Company to be referred to the Chief Justice to empanel a bench [...]Tea Auction Records a Fall in Prices
The weekly Mombasa Tea Auction held on 7th, 8th, and 9th February 2022 had 12.5 million kilograms of tea offered for sale. The amount on offer decreased from 12.8 million kilograms during [...]Tanzania to Begin Avocado Exports to India
Tanzania is set to begin avocado exports to India, after India's health authorities allowed the entry of the fruit from Tanzania following lengthy negotiations. In 2003, India imposed an import [...]Prices at Weekly Tea Auction Rise to $2.60 Per Kg
The weekly Mombasa Tea Auction held on 31st January, 1st, and 2nd February 2022 had 12.8 million kilograms of tea offered for sale. The amount on offer decreased from 14.1 million kilograms [...]EAC Plans to Double its Fruit Vegetable Exports to $900 Million
The East African Community (EAC) gas announced plans to double its fruit and vegetable exports to $900 million in the next eight years. In its 2021-2031 strategic plan, the Community [...]
