Unga Group Board Appoints Joseph Choge as New Managing Director
The Board of Unga Group Plc has confirmed the appointment of 39-year-old Joseph Malel Choge as the new Managing Director of the Company, effective December 1st 2021. Choge is a [...]
Kenya Orchards makes a Half-Year Net Loss of KSh 3.7 Million
Kenya Orchards Limited, a listed firm primarily involved in distributing processed fruits, vegetables and other food products, made a net loss of KSh 3.7 Million at the end of the [...]Earnings from Sisal Exports Hit KSh2.45 Billion in H1 2021
Kenya's earnings from sisal export hit KSh2.45 billion in H1 2021, a 10.96% increase from last year's KSh2.2 billion (H1 2020). The rise was occasioned by rebounding prices in key [...]
Tea Auction Prices Finally Cross the 2-Dollar Mark
The weekly Mombasa Tea Auction held on 23rd and 24th August 2021 had 8.4 million kilograms of tea offered for sale. The amount on offer decreased from 8.9 million kilograms for the [...]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 [...]
