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Tea Earning to hit Sh 110bn

Export earnings from tea are expected to increase by 1 per cent to Sh110 billion, compared with Sh109 billion last year, on account of high international prices.

But tea production is expected to decline by 5 per cent to 360 million bags against 377 million bags registered last year, owing to frost experienced in parts of the country this year. Exports are also expected to decline by the same margin.

Briefing the media on the performance of the sector for the period January to August, Tea Board of Kenya managing director Sicily Kariuki said international prices had increased, with a kilogramme of Kenya-made tea selling at an average price of $3.15 (about Sh268), compared with $3.02 (Sh255) last year. Full story

 
 
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