Business News
Prices at tea auctions crash in meltdown
The Tea Trade Centre in Mombasa. An unprecedented 35 per cent of tea offered at the weekly auction has been withdrawn as the global financial meltdown has ravaged consumer demand. Photo/ANTHONY KAMAU
By MUNA WAHOME
Posted Saturday, November 22 2008 at 18:11
Posted Saturday, November 22 2008 at 18:11
For KTDA, the problem comes when it is trying to employ alternative energy sources to cut its operation costs.
For Kenya, the loss of foreign exchange is likely to affect imports negatively even as global demand for commodities fall.
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