KENYA - The price of coffee at the Nairobi Coffee Exchange (NCE) has dropped by 13 per cent as the main crop season comes to an end, resulting to low quality beans.
KENYA - The Kenya Tea Development Agency is in a tight spot again over claims of monopolistic tendencies and collusion with cartels to eat into farmers’ earnings.
KENYA - Tea prices at the Mombasa auction have fallen by Sh19 a kilo in the last one week as buyers rush to release their stocks for fear of a decline in value in future, signalling low earnings for the farmers.
ETHIOPIA - The specialty Coffee Association of America (SCAA) has made public that Ethiopia is to be a portrait country on its 27th global conference to be held next week in Seattle, Washington.
KENYA - Tea processing firms in Kenya are looking to more value addition to offer products that fetch higher prices in the international market.
KENYA - Coffee farmers have for the first time received payment for their crop samples taken to the Nairobi Coffee Exchange (NCE) in a payout that will boost growers’ earnings in the wake of low international prices.
KENYA - Earnings by coffee farmers for the first half of the 2014/15 crop year increased by 10.3 per cent to Sh8.5 billion compared to Sh7.7 billion registered the same period in 2013/14 year.
KENYA - The Kenya Tea Development Agency (KTDA) has sued the competition watchdog over a damning report indicating prevalence of cartels and price manipulation at the tea auction that cut farmers’ earnings.
KENYA - Direct marketing of coffee has failed to take off with less than five per cent of the crop sold using this method. This comes as Kenya seeks to expand its market for local coffee through use of mark of origin and branding.
GHANA - Ghana will hit the target of 1.2 million metric tonnes of cocoa beans by the end of the 2014/15 cocoa season.
KENYA - Tea prices have dropped by Sh8 a kilogramme or three per cent at the Mombasa auction in the most recent sales as buyers rush to release their stocks for fear of a fall in prices in the coming days.
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