A supply glut and lower production have seen depressed earnings from tea and coffee in Uganda and Burundi. Kenya and Rwanda project higher earnings from coffee, but lower from tea, according to annual performance results to be announced in the next few weeks. Higher production will insulate Kenya and Rwanda’s coffee earnings from the impact of falling prices, as with Uganda and Burundi, but their earnings from tea will fall due to a combination of lower output and a drop in prices.
Posted on: Tue, 27 Jan 2015 10:02:47 +0000
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