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Kenya Tea Development Agency tips tea prices to dip from dry spell

Kenya Tea Development Agency Holdings Chairman Peter Kanyago said global tea prices have remained relatively low compared to the previous year, leading to reduced net earnings.PHOTO:COURTESY

Kenya’s tea earnings for the 2016-2017 financial year are likely to drop following prolonged dry spells that led to depressed tea output.

Kenya Tea Development Agency Holdings Chairman Peter Kanyago said global tea prices have remained relatively low compared to the previous year, leading to reduced net earnings.

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