Page added on November 30, 2005
Kenya’s second leading foreign exchange earner, horticulture, is facing increasing competition from emerging African producing nations, as well as Caribbean and South American countries.
..Airfreight charges in Kenya are said to be five times higher than in the competing countries. Furthermore, high energy cost, rising fuel cost and appreciation of the Shilling threaten Kenya’s stronghold in some of its established markets. According to the Kenya Flower Council, the strength of the Shilling has already had damaging effects with members’ profits decreased by up to 20 per cent this year.
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