Cheap sugar imports from India, Madagascar cool prices

Nairobi, March 22 -- Cheap sugar imports from India and Madagascar have helped to ease the runaway price of the commodity in Kenya as traders avoided sourcing the sweetener from expensive markets. Da... Read More

Kakuzi to pay record Sh470m dividend on higher earnings

Nairobi, March 21 -- Agricultural firm Kakuzi is set to pay a record dividend of Sh24 per share or a total of Sh470.3 million for the year ended December, riding on strong sales and earnings growth. ... Read More

Kenyan tea still held in Karachi port despite letter of credit order

Nairobi, March 21 -- Kenyan tea is still held at the Karachi port even after Islamabad gave a directive to allow banks to give traders a letter of credit (LC) to free the commodity five days ago. The... Read More

Farmers face losses as disease, armyworm attack maize crops

Nairobi, March 21 -- Kenya is staring at losses of yields following the re-emergence of Maize Lethal Necrosis (MLN) and Fall Armyworm (FAW) that have previously affected maize production which will ad... Read More

Six marketers barred from coffee auction get admission

Nairobi, March 20 -- The six licensed marketers that were stopped from trading at the Nairobi Coffee Exchange (NCE) will start trading at the auction end of this month. The chairman of the National C... Read More

Sanlam eyes faster growth in Allianz joint venture deal

Nairobi, March 20 -- Insurance multinational Sanlam Limited intends to accelerate the growth of its African business through its joint venture with Allianz SE which will bring together their interests... Read More

Horticulture faces low earnings as drought hits 40pc of avocado crop

Nairobi, March 17 -- The horticulture sector is staring at low earnings this year from avocado exports as 40 percent of the fruits have been affected by the ongoing drought even as the export market o... Read More

State reverses ban on powder milk importation as new rules awaited

Nairobi, March 16 -- Livestock Principal Secretary Harry Kimtai has suspended the notice issued by the Kenya Dairy Board (KDB) last week, banning the importation of powder milk. In a letter to import... Read More

Legislators accuse maize millers of breaching subsidy deadline deal

Nairobi, March 15 -- Parliament has blamed millers for supplying maize flour past the contract period, further complicating the Sh2.9 billion that the processors say they are owed by the government. ... Read More

Kenya sets sights on special maize imports deal with Zambia farmers

Nairobi, March 14 -- Nairobi will next month sign contracts with farmers in Zambia to grow maize exclusively for export to the Kenyan market as the government seeks to lower the cost of the staple, wi... Read More