Times News Network
Commodities Tea prices plunge to six-month low at auction Friday June 24 2022 Mombasa Tea Auction in session. FILE PHOTO | NMG The price of tea at the Mombasa Auction declined significantly in this week’s trading to mark the lowest value to have been realised since January. Data from the East African Tea Trade Association … Read More “Tea prices plunge to six-month low at auction” »
Raw materials Record Sh1.2 billion sales orders canceled in tea auction at low prices Monday, May 23, 2022 A woman picks tea on a farm in Kiptagich, Kuresoi South in Nakuru County along the Olenguruone-Bomet road in this photo taken on Monday, May 3, 2021. PHOTO | JOHN NJOROGE | NMG By GERALD ANDAEMore by … Read More “Record Sh1.2 billion sales orders canceled in tea auction at low prices” »
Commodities Sh1 billion tea orders canceled on price dip Tuesday May 10 2022 A woman picks tea at Embomos in Bomet. FILE PHOTO | NMG By GERALD ANDAEMore by this Author Summary Traders withdrew teas worth Sh1.1 billion from the latest auction as prices remain low in the wake of subdued demand. The tea that … Read More “Sh1 billion tea orders canceled on price dip” »
Technology Mombasa tea auction goes fully tech after two-year pilot Thursday April 28 2022 Chai Trading Company general manager Francis Muthamia demonstrates how the tea auction is conducted online on October 5, 2020. PHOTO | LABAN WALLOGA | NMG By ANTHONY KITIMOMore by this Author Summary EATTA chairperson Arthur Sawe said the platform would increase … Read More “Mombasa tea auction goes fully tech after two-year pilot” »
Market News Growers allowed to amend suit fighting sections of Tea Act Monday April 18 2022 An auctioneer takes buyers through the markets at East African Tea Trade Association auction. FILE PHOTO | NMG By SAM KIPLAGATMore by this Author Summary A bench of three judges ruled that the Kenya Tea Growers Association was not … Read More “Growers allowed to amend suit fighting sections of Tea Act” »