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 [...]Kapchorua Tea Posts 64% Drop in Net Profit as Tea Prices Fall
Kapchorua Tea, one of the major tea companies in Kenya has reported a 64% dip in full year net profit for the year that ended on 31st March 2021. According [...]Prices Continue to Fall at Tea Auction, Hit $1.67 per Kg
The weekly Mombasa Tea Auction held on 21st, 22nd, 23rd, and 24th June 2021 had 13 million kilograms of tea offered for sale. The amount on offer increased from 12.9 million kilograms [...]Gov't Unveils KSh85 Million Coffee Factory in Baringo
The Government of Kenya and Korean investor Cha Bo Yong have unveiled a KSh85 million coffee factory in Baringo. Cha Bo Yong contributed KSh70 million, and the county government of [...]
