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Highest price for top Kenya tea grade dips at auction NAIROBI: The highest price for top-grade Kenyan tea dipped to $3.20 per kg at this week's auction from $3.22 per kg last week, Tea Brokers East Africa said on Wednesday.Kenya is the world's leading exporter of black tea.The crop is a main source of foreign exchange for the east African economy, together with horticultural products and tourism.Best Broken Pekoe Ones (BP1s) sold at $2.22-$3.20 per kg compared with $2.12-$3.22 per kg last week.Best Brighter Pekoe Fanning Ones (PF1s) fetched $2.30-$2.74 per kg from $2.30-$2.78 per kg at the last sale.Tea Brokers said 9.88 percent of the 165,116 packages, or 10.5 million kg, remained unsold. That compares with 16.31 percent of the 170,461 packages, or 10.88 million kg, that were unsold last week.Most of the tea offered at the Mombasa auction is from Kenya, but tea from Uganda, Tanzania, Rwanda, Burundi and other regional producers is also sold. Copyright Reuters, 2014 ...

Egypt's domestic wheat purchases at 3.7mn tonnes from harvest CAIRO: Egypt, the world's top wheat importer, has purchased 3.7 million tonnes of domestic wheat from its local harvest that ended last week, on par with its purchases last year, the state news agency quoted a senior official as saying. Mamdouh Abdel Fattah, vice chairman of Egypt's main state-buyer, the General Authority of Supply Commodities (GASC), also said in a statement carried by state news agency MENA on Monday evening that the state had paid ...
Egypt GASC seeks wheat for Aug 1-10 shipment ABU DHABI: Egypt's General Authority for Supply Commodities (GASC) set a tender on Friday to buy an unspecified amount of wheat from global suppliers for shipment from August 1 to 10.Mamdouh Abdel Fattah, vice chairman of GASC, the country's main wheat buying agency and one of the world's biggest state importers of wheat, is seeking to buy cargoes of soft and/or milling wheat from the United States, Canada, Australia, France, Germany, Poland, Argentina, Russia, Kazakhstan, ...
Uganda May coffee exports 286,668 bags, down 15pc yr/yr KAMPALA: Uganda exported 286,668 bags of coffee in May, down 15 percent from the 393,783 bags exported in May of last year, a source at coffee regulator UCDA said on Monday. "It is at the tail-end of harvest in the south and south western region so yields are also declining and heavy rains in some parts of the region also disrupted transportation of stocks from rural areas," the source at the state agency said. The ...
Egypt's SIIC seeking 50,000 tonnes raw sugar in tender ABU DHABI: Egyptian state buyer Sugar and Integrated Industries Co. (SIIC) said on Saturday it had issued an international tender to buy 50,000 tonnes of raw sugar.The tender deadline is Saturday and results are expected over the weekend, a source at SIIC said.The sugar is sought for arrival between September 1 and 15, he said.Copyright Reuters, 2014 ...
Highest price of top Kenya tea grade dips at latest sale NAIROBI: The highest price for top-grade Kenyan tea dipped to $3.16 per kg at this week's auction from $3.28 per kg last week, Tea Brokers East Africa said on Tuesday.Kenya is the world's leading exporter of black tea. The crop is a main source of foreign exchange for the east African economy, together with horticultural products and tourism.Prices for Best Broken Pekoe Ones (BP1s) sold at $2.05-$3.16 per kg compared with $2.16-$3.28 per kg last ...
Syria's Hoboob says sells 200,000 tonnes wheat to Iraq ABU DHABI: Syria's state cereal body, the General Establishment for Processing and Trade (Hoboob), said on Tuesday it had sold 200,000 tonnes of wheat to neighbouring Iraq in a tender.The wheat was sold at 206 euros per tonne, free on trucks, a source at Hoboob told Reuters.Hoboob said it sold 100,000 tonnes of soft wheat and 100,000 of durum wheat.Syria launched a tender for a second time last month to sell wheat to Iraq from ...

 



 
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ICT 2014


Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyNovember
Trade Balance $-1.664 bln
Exports $1.966 bln
Imports $3.630 bln
WeeklyJanuary 25, 2015
Reserves $15.019 bln