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Key commodities register mixed fortunes in 2020

Key commodities register mixed fortunes in 2020 Thursday December 31 2020 By GERALD ANDAE Summary Kenya’s major export commodities registered mixed fortunes this year with the price of tea taking a hit while coffee picked up on higher demand. Whereas coffee picked up in the last quarter, tea dropped significantly hitting a five-year low by the time the financial year was coming to an end in June. Decreased earnings for tea were attributed to low international prices where Kenya sells almost all the produce as demand was subdued by effects of the Coronavirus. Kenya’s major export commodities registered mixed fortunes this year with the price of tea taking a hit while coffee picked up on higher demand.

Peter Munya s stormy fight to reform agriculture

THE STANDARD By Awal Mohammed | December 29th 2020 at 00:00:00 GMT +0300 CS Peter Munya. Just months in office, he has already introduced changes aimed at improving farmers’ fortunes and management of sector, and in the process stepped on numerous toes. [File, Standard] With his signature trimmed mustache, the son of Muthaara village, Meru County, has been known to rock the status quo wherever he goes. People close to the Agriculture Cabinet Secretary describe him as a go-getter who takes on issues head on, leaving behind him haters and admirers alike. Insiders at the Ministry of Agriculture describe the University of Nairobi alumnus as a lone ranger, who is rarely followed by his principal secretaries to official events.

Coffee prices cross $300 mark for first time in 2020

Coffee prices cross $300 mark for first time in 2020 Thursday December 17 2020 By GERALD ANDAE Summary Coffee prices at the weekly auction continued the streak of good performance with the value of the beverage crossing the $300 mark for the first time since the beginning of the year. A 50-kilo bag of the beverage fetched Sh34,100 in this week’s trading up from Sh31,283 in the previous sale at the Nairobi Coffee Exchange (NCE). The prices have been boosted by new crop coming in from central Kenya, high demand for the commodity ahead of Christmas and higher international prices that are now at 120 US cents per pound from 100 cents last month.

Fast track coffee reforms

Fast track coffee reforms
businessdailyafrica.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businessdailyafrica.com Daily Mail and Mail on Sunday newspapers.

Coffee prices at Nairobi auction hit year high

Coffee prices at Nairobi auction hit year high
businessdailyafrica.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businessdailyafrica.com Daily Mail and Mail on Sunday newspapers.

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