The Pakistan Tea Association has declared Tea as an essential import. Pakistan is the biggest market for Kenya’s primary export commodity, with the country exporting 50% of the commodity to Pakistan. Kenya’s revenue from the commodity exports is expected to rise following the approval of US dollars as the transaction currency in the tea industry by the Pakistan Central Bank. The Agriculture CS, Mithika Linturi, advocated for the commodity to be recognized as an essential international commodity and hailed the new policy to benefit the local economy and farmers. I am delighted to report that our recent trip to Islamabad…
Author: Rosemary Muthoni
Kenya is set to start direct bulk exports of tea and coffee to Slovakia. According to Katarina Leligdonova, the Slovakian ambassador to Kenya, arrangements have been made, and several companies are poised to enter into agreements with local farmers’ cooperatives, allowing for the direct transportation of tea and coffee. Due to Kenya’s economic difficulties in its traditional markets, namely Pakistan and Egypt, Kenya has been exploring alternative markets for its green leaf. Slovakia has expressed interest in Kenyan tea and coffee and has been identified as a potential ready market. Slovakia is also eager to enhance its investments in the…
Kakuzi Plc, the superfoods grower and exporter, has announced its intention to double its avocado exports to China. This decision was made after an engagement with Dalian Yidu Group, a significant importer of fresh fruits and vegetables in China. During the weekend, the listed Nairobi Securities Exchange company hosted a delegation from the Dalian Yidu Group at its Makuyu, Murang’a County, orchards and packhouse. The group was on a three-day visit to familiarize themselves with the company’s operations. Kakuzi’s Managing Director, Chris Flowers, conducted the tour and announced that the company is prepared to increase its exports to China as…
Kenya has imported wheat from Russia, coinciding with the nation’s current struggle with wheat shortages resulting in high prices. A consignment from the Port of Novorossiysk in southern Russia arrived through Mombasa ports on February 7th 2023, and another shipment from Russia is expected to arrive on February 12th 2023. The import of wheat into the country is expected to help reduce the prices of wheat flour, which is currently retailing at around KES 200 per 2-kilogram packet due to a shortage caused by the Ukraine-Russia war disrupting the supply chain. Russia and Ukraine are significant global producers of wheat.…
Kakuzi Plc, the local producer of superfoods, is set to participate in the FRUIT LOGISTICA trade show in Berlin, Germany, as it seeks trade opportunities in Europe, particularly with avocado and blueberry buyers. Kakuzi Plc will be among the 2594 international fresh produce trade stakeholders participating in the FRUIT LOGISTICA trade show from February 8th -10th. The Managing Director, Christopher Flowers, confirmed the firm’s participation in the European market trade show and stated that this decision was made after a successful 2022 trading season, which left the firm end the year with a total order book for its avocados. Kakuzi’s…