FarmBiz Africa

avocado export

Avocadoes drive Kakuzi’s Shs171M half-year profit despite slump in macadamia market

Kakuzi PLC has announced a Shs 171. 1 million half-year pretax profit on the back of a difficult trading period due to the prevailing Macadamia global glut. The firm, which recently adopted a new corporate brand identity, enjoyed a more than double profit lift against its avocado export business, which posted a Shs 654.8 million …

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workers packing avocados 2

Good news as China cuts export duty levied on Kenya’s avocado from 30 to 7 per cent

Kenyan avocado traders exporting the fruit to China are set to enjoy export duty levy cut from 30 to seven per cent by the Asian nation, a move that will help Kenyan farmers benefit from the lucrative international market. Trade Principal Secretary Chris Kiptoo says the decision was reached last week following negotiations with the …

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Avocado harveting

New study: Kenyan avocado farmers can increase income by 39 per cent exporting to EU

Kenyan avocado farmers can boost their income by up to 39 per cent by exporting the fruit to the European market. According to the International Food Policy Research Institute, a Washington-based research institute and partners on their research report issued yesterday, a dozen of Hass avocado variety that sells for about Sh3.5 in domestic markets …

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