News Formal

Kenya’s flower industry blooms again as Europe opens up

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 17 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 63%

Sverige Nyheter Nyheter

Kenyan farmers were forced to throw away millions of roses in March as Europe sealed borders and residents put weddings on hold

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.

 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.
Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 12. in SE

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

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.
Källa: TimesLIVE - 🏆 28. / 59 Läs mer »