Nairobi — Demand for Kenya’s flowers has recovered to about 85% of pre-coronavirus levels as European markets open up after lockdowns, an industry body said, spurring the hope that the industry could see a full rebound by next year.But demand is returning as restrictions ease and growers are hoping it will recover fully by 2021, said Clement Tulezi, CEO of the Kenya Flower Council.
Europe accounts for nearly 70% of Kenya's cut flower exports and coronavirus restrictions had slashed daily orders by half, threatening thousands of jobs in East Africa's richest economy. But like all nations, the coronavirus has battered the economy. Growth is projected to slow to 2.5% in 2020 from 5.4% in 2019.
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We can't pay R5bn sin taxes, says alcohol industryAs the war over the ban on booze sales heats up, the alcohol industry has asked the government to suspend R5bn in sin-tax obligations until it is allowed to trade again.
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