Fresh Del Monte Produce Inc. Clarifies It Is Not Affiliated with Del Monte Foods Inc.
A fully independent company, Fresh Del Monte is unaffected by the recent legal and financial matters involving Del Monte Foods Inc. CORAL GABLES, Fla.: Fresh Del Monte Produce Inc. (NYSE: FDP) [...]
Williamson, Kapchorua Profits Down, Hold Dividends and Propose Bonus Issues
Williamson Tea Kenya Plc and its associate Kapchorua Tea Kenya Plc have posted significantly weaker financial results for the year ended 31 March 2025, underscoring mounting pressures in the global [...]
Easing Interest Rates Drive More Farmers to Banks Despite Collateral Barriers
The easing monetary policy in Kenya’s credit market is attracting farmers to banks for facilities to finance their operations, with Central Bank listing land expansion, purchasing of machinery, and leasing [...]
UAE Displaces Sudan Among Top Markets for Kenya's Tea amid Diplomatic Row
Kenya’s tea exports to Sudan slumped by over a third, month-on-month, amid a deepening diplomatic fallout between Nairobi and Khartoum. The trade freeze has tangible consequences for Kenya’s exports as [...]Fish Farm Gate Prices Rise, State Sets KSh1.5Bn for New Landing Sites
Fish farmers have been experiencing stable and improved farm gate prices in nearly all major fisheries value chains for the past four years, data from the Kenya National Bureau of [...]Kenya's Fresh Vegetable Exports Tank as Pesticide Concerns Bite
Kenya's earnings from the export of fresh vegetables fell from KSh 51 billion in 2023 to KSh 23.4 billion in 2024, primarily due to growing concerns about the pesticide levels [...]NCPB Releases 200k Bags of Maize to Stabilize Prices
The National Cereals Produce Board (NCPB) has released the first batch of 200,000 bags of maize from the National Strategic Grain Reserve (NSR) to registered millers to help stabilize [...]Kenya’s Milk Intake Defies Seasons, On Track to Cross 1Bn Litres in 2025
Kenya’s dairy industry has posted a historic Q1 2025, collecting 250.6 million litres of milk intake to formal processors—up 56% year-on-year. Breaking Seasonal Norms and Long-Term Trends From just 270 [...]Tea Titans Williamson and Kapchorua Warn of Profit Drops
Two of Kenya’s oldest listed agricultural firms — Williamson Tea Kenya Plc and Kapchorua Tea Kenya Plc — have issued profit warnings for the financial year ending 31st March 2025. [...]Maize Production Dips, Pushing Flour Prices Up
The production of millet, potatoes and maize fell short of 2023 levels last year, creating the prospect of price increases before the harvest season expected this month in some parts [...]Sasini Slides to KSh 113mn Loss in H1 2025
Sasini PLC posted a KSh 113.1mn net loss for the half-year ended 31 March 2025, weighed down by higher costs and flat revenues as pressure on the group's core agribusiness [...]Employment in Agriculture Picks up as Other Sectors Plateau-CEO Survey
Employment in the agriculture sector is expected to rise in the second quarter of 2025, while CEOs from other sectors do not have plans to hire in the same period, [...]
