Tea Auction Records Slight Dip in Price to $1.96 per Kg
The Mombasa Weekly Tea Auction recorded a slight dip in prices, with prices per kilo falling from $1.97 in the tea auction held on 11th, 12th, and 13th January 2021 [...]
Sasini Plc Emerges from Losses to Post Net Profit of KSh 12.6 Million
Sasini Plc, a listed coffee and tea producer, posted a net profit of KSh 12.6 Million for the financial period ended 30th September 2020. This is compared to a net [...]
Weekly Tea Auction Records an Increase in Prices
Theweekly MombasaTea Auction held on the 11th, 12th, and 13th January 2021 had 11.2 million kilograms of tea offered for sale. The amount on offer decreased from 11.6 million kilograms [...]New 0.25% Export Levy Threatens Recovery of Kenya's Flower Industry- KFC
The Kenya Flower Council (KFC) warns that the new agriculture Cess could stifle the flower industry. KFC says that the government requires exporters of fresh produce to pay at least four [...]Kenya's Outdated Co-operatives Act to be Reviewed in 2021
The Co-operatives Act- Cap 490 which has been in existence for more than 15 years, could be reviewed in the new year. This follows a move by the Cabinet Secretary [...]Tea Bill to Guarantee Farmers Payments Within 14 Days after Auction
Senate recently approved the 2018 Tea Bill, which seeks to bring team farmers changes, including timely payments and less exploitation by go-betweens. The bill, approved on Monday, is expected to [...]KTDA Declared Dividends Jump by 15% to Ksh 734 Million
The Kenya Tea Development Agency (KTDA) declared Ksh 734 million in dividends for tea farmers for the period ended 30 June 2020. This is a 15% increase from the previous [...]Tea Auction Continues to Record a Fall in Prices
The weekly Mombasa Tea Auction held on the 30th, November, 1st and 2nd December 2020 had 10.5 million kilograms of tea offered for sale. The amount on offer decreased from 10.8 million [...]Kenya's Sugar Sector Gets Additional 2-year COMESA Sugar Imports Safeguard
Kenya's stagnant sugar industry has received another reprieve. This is after the Common Market for Eastern and Southern Africa(COMESA) regional trading block granted it a two-year extension of the sugar [...]National Assembly Passes Much Anticipated Tea Bill
The National Assembly has passed the Tea Bill, which will see the revival of Tea Board of Kenya and The Tea Research Foundation, which used to carry out research on [...]Tea Auction Records a Fall in Price
Theweekly MombasaTea Auction held on the 23rd, 24th and 25th November 2020 had 10.9 million kilograms of tea offered for sale. The amount on offer increased from 10.7 million kilograms [...]Tea Auction Records a Slight Price Increase, Hits $1.92 per Kg
The weekly Mombasa Tea Auction held on the 16th, 17th and 18th November 2020 had 9.98 million kilograms of tea offered for sale. The amount on offer decreased from 10.1 million kilograms [...]
