Kenya's Tea Exports Fall to 323,000 Tons in Jan-Aug 2020
Kenya’s tea exports fell by 14,000 tons in the first eight months of 2020, attributed to a decrease in the demand for the produce in the world market. According to [...]
Kenya Traders Worried as Ethiopia Enters Somalia's Khat Market
Stiff competition is looming over Kenya's Miraa business after Ethiopia reportedly ventured into the lucrative Somalia market for the produce. Somali media reports that the Ethiopian national carrier has already [...]Tea Auction Records a Decline in Prices
Theweekly MombasaTea Auction held on the 12th and 13th October 2020 had 9.08 million kilograms of tea offered for sale. The amount on offer increased from 8.98 million kilograms offered [...]Prices Continue to Fall at Weekly Tea Auction
The weekly Mombasa Tea Auction held on the 28th, 29th and 30th September 2020 recorded 8.8 million kilograms offered for sale. The amount on offer recorded a decrease from 9.1 million kilograms [...]KSh163 Million Debt Pushes 8 Coffee Factories Closer to Auction
A KSh163 million debt burden could be the reason eight coffee factories affiliated to Rumukia Cooperative Society in Nyeriinch closer to being auctioned. In the 2013/14 financial year, a miller [...]EU Grants Kenya KSh643 Million to Boost Cereals Production
The European Union has granted KenyaKSh643 millionto boost cereals production in the country. The EU grant will also finance market access programmes, and training of cereals farmers on crop husbandry [...]Prices Decrease at Weekly Mombasa Tea Auction
The weekly Mombasa Tea Auction held on the 1st and 2nd September 2020 recorded 9.1 million kilograms offered for sale. The amount on offer recorded an increase from 8.3 million kilograms offered [...]Afreximbank Provides $400 Million to the Export Trading Group
Afreximbank (The African Export-Import Bank), Africa’s foremostmultilateral trade finance institution, has provided a $400 million revolving global credit facility to the ETG (Export Trading Group). The credit facility seeks to [...]Employment Court Stops Leasing of 5 State Sugar Millers
The Kisumu Labour and Employment court has temporarily suspended the lease of five state owned sugar millers. The five include; South Nyanza Sugar Company, Muhoroni Sugar, Miwani Sugar, Chemilil Sugar, [...]
Markets Regulator to take over Nairobi Coffee Exchange in April 2021
Capital Markets Authority(CMA) is in the process of taking over and fully automating all marketing and auction processes at the Nairobi Coffee Exchange(NCE). The spot market should be in place [...]
Team appointed to oversee leasing of 5 state-owned Sugar Mills
The Cabinet Secretary for Agriculture, Livestock, Fisheries and Co-operatives has appointed a team that will oversee the leasing out of 5 state-owned sugar mills to private investors. These milling factories [...]Kenya's H1 Tea Export Earnings Jump to KSh 69 Billion
Earnings from the export of black tea increased by 22% in the first half of 2020 compared to a similar period in 2019. The earnings reached KSh 68.9 Billion from [...]
