Financials & Economy
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Kenya’s rice imports climbed nearly 120% in the first half of 2023
KENYA – Data by Kenya National Bureau of Statistics (KNBS) has revealed that rice purchases reached a new record during the first half of 2023 surpassing the…
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Kenya spent nearly US$342M on Russia-Ukraine imports in the first half of 2023-KNBS
KENYA – Data by Kenya National Bureau of Statistics (KNBS) in the recently released official report showed that expenditure on imports from Russia and Ukraine splashed a record-high…
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LDC half year sales shrink 8.9% as drought in the US, lower crop yields in Argentina impact volumes traded
NETHERLANDS– Louis Dreyfus Company has released its consolidated financial results for the six-month period ending June 30, 2023, showcasing a strong performance despite the persistent…
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Zimbabwean wheat growers ditch local currency, demand payment in USD
ZIMBABWE – Farmers’ organizations in Zimbabwe have implored the Government to consider awarding wheat growers 100 percent of the producer price in foreign currency in…
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Zambian Food Reserve Agency pays US$91M to maize farmers in a bid to motivate local sales
ZAMBIA – The Food Reserve Agency (FRA) has disclosed that it has paid out over K1, 920,876,160 (US$91M) to farmers that supplied 343,013 tonnes of…