Skip to content

News

Some of Kenya’s biggest flower producers scaled down production due to water scarcity

  • by

A water rationing mode currently effected in Naivasha, the bedrock for flower farming, is likely to deny the country the revenue from improved sales ahead of the onset of the peak flower season later this month.

Analysts say the move is adding to the troubles the sector is facing. The industry reported a decline in demand for its products in key markets since the onset of global recession last year, as production drops further with the ongoing drought.
Read More »Some of Kenya’s biggest flower producers scaled down production due to water scarcity

Development Bank of Ethiopia may ease debts for flower farms

  • by

Authorities at the state-owned Development Bank of Ethiopia have begun contemplating rescheduling the debt repayment period of flower farms based on the farms’ current performance.The current new thinking of the authorities is an outcome of DBE’s credit team’s assessment of the flower farms, a top official of the bank told Capital.
Read More »Development Bank of Ethiopia may ease debts for flower farms