Horticulture tops in forex earnings - News Summed Up

Trending Today


Horticulture tops in forex earnings


Earnings from flowers, vegetables and fruits, exported mostly to European countries last year surpassed tea to become Kenya’s second leading foreign exchange earner. While both sectors - horticulture and tea registered a decline in revenues, the segmentation of horticulture was able to save it from a major drop. Earnings from fruits grew while vegetables stayed flat, offsetting a decline in revenues from cut flowers. The sector earnings declined to Sh122.9 billion in 2019 from Sh124 billion in 2018. Tourism remained the top forex earner, earning the country Sh163.6 billion in 2019, from Sh157.4 billion in 2018.


Source: Standard Digital May 15, 2020 21:00 UTC



Loading...
Loading...
  

Loading...

                           
/* -------------------------- overlay advertisemnt -------------------------- */