Market News
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Zimbabwe: Tobacco Exports Hit U.S $500 Million Mark
Posted on :Friday , 30th October 2015
The country has so far exported 97,3 million kilogrammes of tobacco this year, up from 88,7 million kg over the same period last year, earning $500 million, statistics from the industry regulator show.
In its latest bulletin, Tobacco Industry and Marketing Board (TIMB) said Zimbabwe had exported 97,3 million kg of tobacco at an average price of $5,13 per kg compared. . .Tanzania: Zanzibar Sugar Factory to Resume
Posted on :Friday , 30th October 2015
Zanzibar Sugar Factory Limited (ZSFL) at Mahonda, which has been out of production for the past four years is expected to resume operations writes ANDREW ZABLON Company officials said last week operations will start up again early next year.
"We are doing the rehabilitation work and by January next year we will in tourism income flowing to local economie. . .Coffee prices rise on export demand
Posted on :Wednesday , 28th October 2015
Tanzania’s average arabica coffee prices rose at the Moshi auction last week, buoyed by strong demand from exporters and higher New York markets, the Tanzania Coffee Board (TCB) said.
Tanzania, which ranks behind Ethiopia, Uganda and Ivory Coast in terms of output on the continent, mainly produces arabica and a bit of robusta coffee. Prices of Tanzania’s arabica normally trac. . .New system benefiting women rice parboilers in Africa
Posted on :Tuesday , 27th October 2015
An improved rice parboiling system is improving productivity and profitability for women rice parboilers in central Benin
The system, called GEM, was set up as a part of an African Development Bank (AfDB) project, Support to Agricultural Research for Development of Strategic Crops in Africa. Combined with targeted training, it was rolled out two months ago among more than 450 women rice . . .Kenyan coffee chain Java House targets Africa expansion
Posted on :Saturday , 24th October 2015
Kenya's Java House has 36 coffee houses and restaurants and plans to open outlets across Africa in the next five years to capitalise on rising consumer spending, its chief executive said.
Kevin Ashley, who founded Java's first outlet in Nairobi in 1999, said the company would open in Kigali, Dar es Salaam, Lagos, Accra and Lusaka. For now, the firm's only outlets beyond Kenya are. . .Please Select an Option
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