Kenyan tea prices plunge dipper as production increases

KENYA – Africa’s leading tea exporter, Kenya, has continued to experience deteriorating auction prices hitting a three year low on increased production increases. In the recent trading, a kilo of tea fetched as low as Sh200 per kilo, the price that was witnessed four years compared to Sh280 that the commodity attracted in corresponding period…

Kenya’s Sasini Plc appoints Martin Ochien’g as new managing director

KENYA – Sasini Plc, a Kenyan listed tea and coffee processing firm has appointed Martin Ochien'g as new managing director to oversee its operations following the resignation of Mr Stephen Githiga from the position last year Martin Ochien'g will take over the position from 1st March 2019 and will replace Samuel Odalo, the group’s financial…

Kenya posts highest tea earnings in five years as production increases

KENYA – Kenya’s tea farmers earned US$1.4 billion in 2018 as a result of production recorded in the year despite a decline in the average prices of the commodity at the international market.    In 2018, the tea revenues rose to the highest recorded in the past five years representing an 8.5% growth by US$110…

Unilever’s Limuru Tea Plc appoints Gerridina Johanna as new CEO

KENYA – Limuru Tea Plc, Kenyan company and subsidiary of Unilever Tea Kenya Limited, announced the appointment of Gerradina Johanna Marria Ten Den as the new Chief Executive Officer, effective 1st march 2019. This follows the resignation of Nicholaos Yiannakis, from this position in the company after one and a half years since his appointment.…

Kenya’s KTDA to pay farmers higher prices

KENYA – The board of Kenya Tea Development Agency (KTDA) is expected to approve small-scale farmers’ monthly pay of between Sh20 and Sh25 a kilo in February 2019 as a move to curb tea hawking which has cut off supplies to the Agency. This will come as a relief to growers who have for many…

Tata Beverages to set up US$14m tea packaging unit in Odisha, India

INDIA - Tata Global Beverages (TGBL), the Indian non-alcoholic beverages company plans to set up a new tea packaging unit worth US$14.01 million in Gopalpur Industrial Park, Odisha, India, reports ET Retail. The company has entered into a letter of Intent (LOI) with Tata Steel Special Economic Zone Ltd, a wholly-owned subsidiary of Tata Steel…

Rwanda’s Sorwathe company unveils new green tea factory worth US$1.12m

RWANDA – Sorwathe company, one of the oldest tea companies in Rwanda has invested over US$1.12 million in a new green tea factory in Kinihira, Rulindo district in the country’s Northern Province. The company will exclusively produce green tea to address the growing global demand, a report by Tea With Nipun reveals. According to Sorwathe…

Africa’s agribusiness to reach US$1 trillion by 2030, industry experts

AFRICA – Africa’s agribusiness is projected to reach US$1 trillion by 2030 and this can be achieved through significant investments to unlock the industry’s potential, according to industry experts who attended the Africa Investment Forum held in South Africa. It was noted that there was need to invest US$45 billion per year to harness the…

East Africa tea exports to the rest of the world increase by 13%

EAST AFRICA - Tea export volumes from East Africa to the rest of the world have risen by 1.4 million kilogrammes, representing a 13% increase from the comparable previous year, data from the East African Tea Export Auction reveals. A latest auction report has shown that a total of 10.4 million kilogramme bags of tea were…

Chi Limited rebrands Chi Ice Tea to Chivita Ice Tea

NIGERIA – Chi Ltd, Nigeria’s juice and snack producer has changed the Chi Ice Tea brand to Chivita Ice Tea as a way to integrate it into mainstream beverage brand, Chivita. The new brand comes in in a new product pack that is more aspirational, modern and trendy, with the promise of the same refreshing…