foreign exchange

avocado for export

How Kenyan farmers can cushion themselves from negative impacts of global price fluctuations

Kenyan farmers and traders can increase the value of their foreign exchange earnings and protect themselves from fluctuations that can potentially reduce their earnings and increase their input costs by the adoption of foreign currency management strategies. According to ABC Bank, foreign exchange markets have become volatile due to various reasons among them the trade …

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Fresh Produce Exports

Kenya’s fresh produce now ranked third highest foreign exchange earner

Kenya’s earnings from fresh produce exports in 2018 jumped to Sh153.68bn, a 33 per cent increase over 2017 earnings, according to the statistics released by the Kenya Flower Council (KFC), Fresh Produce Exporters Association of Kenya (FPEAK), and Fresh Produce Consortium of Kenya (FPCK). Fresh produce currently ranks as the third highest foreign exchange in Kenya …

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