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KENYA – The Kenyan parliament has proposed an additional Sh4 billion (US$29M) for Fertilizer Subsidy Program in the upcoming financial year, raising the total allocation to Sh8.5 billion as part of the Kenya Kwanza administration’s efforts to lower the high cost of living. According to Business Daily, the proposal comes amid an uproar from the citizens challenging the Finance Bill…
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KENYA – Andermatt, a leading Swiss biological agricultural product manufacturer, has set up a new office in Kenya as it seeks to spread across Africa with its wide assortment of natural solutions for soil as well as pest and disease management. According to Capital News, the company has set up a demonstration farm in Naivasha growing Kenya’s most popular crops…
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KENYA – The government has received 34,400 tonnes of Potash, Urea, and NPK, a raw form of fertilizer as a donation from Russia to boost farm production. The consignment, delivered at the port of Mombasa was received by Agriculture CS Mithika Linturi and Russian Ambassador to Kenya, Dmitry Maksimychev. Linturi said that the raw fertilizer will be reformulated to produce…
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KENYA – In the quest to boost rice production, the National Irrigation Authority (NIA) has requisitioned a modern electric pump for installation at the 5, 000-acre West Kano Irrigation Scheme in Kisumu County, Kenya News Agency reports. Joel Tanui, NIA Acting Deputy General Manager in charge of operations and irrigation management services said the funds for the initiative had already…
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KENYA – Farmers in Uasin Gishu County, the grain basket of the country, have expressed high expectations that they were set to have a bumper in maize crop, thanks to the reduced cost of production after the government rolled out the Fertilizer Subsidy Programme. The good news gives hope to consumers who are currently struggling to afford a packet of…
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KENYA – Kenyan maize milling sector has expressed fear that maize meal prices may further go up as Tanzania bans farmgate purchase of the rare commodity by foreigners, the Nation has reported. The panic follows a statement published by the Tanzanian Ministry of Agriculture on May 23, requiring buyers from outside the country to source the produce through registered traders…
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KENYA – Breakfast will get costly as bread makers increase the price of bread by 16 percent, with now the 400 grams loaf expected to retail at KES 70 from KES 60, Capital News has reported. The exorbitant bread prices add more pain to Kenyans who are already battling the high cost of food products amid a shrinking economy. According to…
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KENYA- Asia’s largest economy is diversifying its corn source markets from the US to South Africa and Latin American countries such as Brazil, which are key buying destinations for Kenya’s imports. The move by China spells doom for Kenya, which is relying on imports to address the runaway cost of flour that now stands at KES 6,100 (US$44.44) for a…
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KENYA – In the Finance Bill, 2023, the government is proposing an introduction of a 20% excise duty on both imported raw materials and finished pasta products as the state targets the Sh4 billion (US$29.4) that traders pay in imports. According to Business Daily, the move, which increases the duty from the current 16% could affect the country’s competitiveness in…
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KENYA – Listed agribusiness firm Kakuzi Plc plans to commission a macadamia oil extraction plant to meet the growing demand for value-added products within its superfood portfolio, All Africa reports. The news was revealed by Kakuzi Chairman Nick Ng’ang’ while speaking during the firm’s 95th Annual General Meeting. According to him, domestic sales of value-added macadamia products will help mitigate…
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