Kenya to increase US flower exports

Kenyan flower farmers are moving to exploit a huge market potential by increasing their flower exports to the United States.

According to Kenya Flower Council chief executive officer Jane Ngige, Kenyan flower farmers are seeking ways to increase their exports to the US which have remained significantly low in the last two years.

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Pepsi switches on Nairobi soft drinks production plant

Global soft drinks giant PepsiCo has started local production of its brands, raising the competition bar for Coca- Cola, which has dominated the Kenyan market for decades.

The company has been relying on imported drinks after making a re-entry into the Kenyan market in 2010 following an exit in the 1970s.

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Small scale farmers to elect tea factory directors

NAIROBI, Kenya, Jan 7 – Thousands of small -scale tea farmers across the country who are affiliated to Kenya Tea Development Agency (KTDA) will go to the polls on Tuesday to elect directors for their factory companies.

About 190,000 farmers out of a total of 560,000 who are the shareholders will elect two directors from each of the 54 factory companies, making a total of 108 seats being contested.

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House team clears sale plan for Hilton and InterCon hotels

Two leading global hotel chains have been cleared to acquire substantial interests in the Hilton and InterContinental hotels in Nairobi.

The green light follows a proposal by the Treasury to give the Hilton Group of Hotels, InterContinental Hotels Corporation and other shareholders in the establishments priority in buying the shares being offloaded by the Kenya Tourist Development Corporation.

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