KENYA : Kenyatta's tea price hike favours foreign producers – Africa Intelligence

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In re-establishing the iconic Tea Board of Kenya, the Kenyan president hopes to regain control of the country’s tea sector, Nairobi’s primary source of export revenue. […]
Kenya, faced with the threat of falling prices, had to find new outlets for huge quantities of black tea in record time. The stock, worth about $3.5m, was initially destined for Russia. […]
With all exports to Russia on hold, tea prices have dropped drastically. Kenya’s minister of agriculture is working hard to find new outlets for the unsold stock. […]
The Minister of Agriculture Peter Munya has taken a serious bet in forcing tea traders to adhere to a new rule that limits the number of factories with which they can work among other measures. […]
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