Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
Kenya’s tea and coffee auctions earned Ksh1.816 billion last week from 2.45 million kg of tea and 18,089 bags of coffee. Seven tea factories achieved prices above Ksh388.08 per kg, led by Mununga at Ksh433.36 per kg. Coffee sales at the Nairobi Coffee Exchange generated Ksh994 million, with 18,089 bags sold to local and international…
Seven tea factories fetched more than Ksh 388.08 per kg at the Mombasa Tea Auction, led by Mununga at Ksh 433.36 per kg. KTDA managed factories sold 2.46 million kg of tea, earning Ksh 822.8 million, despite lower volumes compared with the previous week. Rwanda recorded the highest average price at Ksh 372.81 per kg,…
Smallholder tea sales at the Mombasa Tea Auction fell to 128.6 million kg from 138.8 million kg a year earlier. Exporters blame the new Ksh 2.28 per kg tea levy for reducing demand from international buyers. TBK says the levy will fund tea price stabilisation, research and sector infrastructure. Smallholder tea factories sold 128,554,359kgs of…
Tea and coffee farmers earned a combined Ksh 2.3 billion from the latest Mombasa Tea Auction and Nairobi Coffee Exchange auction. KTDA factories realised Ksh 1.6 billion after selling 5.05 million kilogrammes of made tea, with Mununga, Kimunye and Rukuriri recording the top price of $3 (about Ksh 398) per kg. Coffee farmers earned Ksh…
Tea farmers in Kericho County have called for the immediate withdrawal of a newly introduced 0.8 per cent tea levy, saying the charge will deprive earnings further at a time when they are already grappling with poor returns and mounting production costs. Speaking during the 104th Ushirika Day celebrations held at Kericho Primary School, the…
Panic has gripped Kenya’s tea sector following the implementation of a Sh2.28 per kilogram levy at the Mombasa Tea Auction, with farmers and factories warning of reduced bonuses and mounting unsold stock. Producers in the Mt Kenya region say the levy has disrupted the market, forcing buyers to shift to cheaper alternatives from Burundi, Rwanda,…
Agriculture and Livestock Development Cabinet Secretary, (CS)Mutahi Kagwe has officially launched the Orthodox Tea Trading Window at the Mombasa Tea Auction, signifying the Government’s commitment to enhancing the production and export of specialty teas. The 2,925 packages, which are equivalent to 91,798 kilos of Orthodox tea is the first of many that will see tea…
