Kenya is Africa’s 2nd biggest exporter of dairy products. Lying on the equator it just comes naturally that our dairy products have very good quality and innovative farmer’s are making it happen. Brookside ltd is the biggest exporting company in the dairy industry mainly because of their direct contact with small-scale farmers who are the majority in Kenya. Continue reading
For the first time an agribusiness company has clinched the number one spot in this year’s top 100 mid-sized companies survey. Jungle Macs, a nut processing firm, managed to lead the pack in a survey done by synnovate Kenya, KPMG and the business daily,that surveys businesses that turnover KES 70 million – KES 1 billion (USD 700 000 – USD 10 000 000). Continue reading
The Kenyan Shilling is the worst performing currency in the world, shedding off over 22% year to date. This has been largely caused by a huge negative balance of trade and of course the usual speculators in the market who are short selling the shilling. Kenya is a net importer of goods hence the trade deficit and given the surge in crude oil prices, I believe we are yet to see the worst. Continue reading
