Reprieve for Farmers as KTDA Increases Prices by KSh2 KSh3
Kenya Tea Development Authority (KTDA) has increased monthly green leaf payments for farmers in regions five, six, and seven, by between KSh2 and KSh3, with effect from 1st July 2021. [...]
KEBS Bans Substandard Maize Meal, Fortified Flour Brands
Kenya Bureau of Standards(KEBS) has listed 12 maize meals and 15 composite flour brands that should not be sold to the public for failing to meet the required standards. The [...]
Kakuzi Plc H1 Net Earnings falls 28.6% to KSh 194.6 Million
Kakuzi Plc, a listed agro-based firm, has recorded a 28.6% drop in net earnings for the first six months of 2021 to KSh 194.6 Million compared to KSh 272.8 Million [...]Kakuzi Plc picks Githu Muigai to Head its Human Rights Advisory Committee
Kakuzi Plc, an agri-business listed at both the Nairobi Securities Exchange(NSE) and the London Stock Exchange, has picked former Attorney General Prof Githu Muigai to head its newly established Independent [...]Kenya to Start Exporting Avocados to South Korea in March 2022
Trade Cabinet Secretary Betty Maina has announced that Kenya will start exporting avocados to South Korea in March 2022 as part of the country's horticulture business expansion strategy. According to [...]Reprieve as Prices Continue to Rise at Weekly Tea Auction
Theweekly MombasaTea Auction held on 2nd, 3rd, and 4th August 2021 had 12 million kilograms of tea offered for sale. The amount on offer increased from 11.4 million kilograms for [...]Tea Auction Records Sharp Increase in Prices; Kilo Hits $1.86
Theweekly MombasaTea Auction held on 26th, 27th, and 28th July 2021 had 10.8 million kilograms of tea offered for sale. The amount on offer decreased from 11.7 million kilograms for [...]Eaagads Returns to Profitability with KSh1.75 Million Annual Profit
Coffee producer, Eaagads has reported a full-year net profit of KSh1.75 million for the period that ended on 31st March 2021 up from a loss of KSh66.7 million in March [...]
Acumen Secures $58 Million to Support Smallholder Farmers in Africa
The impact investment company, Acumen, has secured $58 million through its Acumen Resilient Agriculture Fund (ARAF). The funds will go to companies that support small scale farmers to adapt to [...]Plans to Lease 5 State-owned Sugar Mills Still On -Munya
The Cabinet Secretary for Agriculture, Livestock, Fisheries and C0-operatives Peter Munya has said plans to lease 5 financially troubled state-owned sugar factories is still on the cards. This is despite [...]Horticulture Earnings Fall to KSh77 Billion in H1 2021
Horticulture exports earnings in H1 2021 (January to June) fell by KSh6.3 billion to only fetch KSh77.1 billion, from KSh83.4 billion recorded during the same period last year. Volumes of [...]Coffee Auction Records 27% Increase in Prices on Resumption
Prices at the Nairobi Coffee Exchange (NCE) weekly coffee auction recorded a 27% increase on resumption of trading after a two-month recess. During the first sale after the resumption of [...]
