The inconvenience of possibly higher tea and coffee prices for U.S. consumers pales against the potentially devastating food shortages that Kenyans may face.
Kenya: Food Shortage Looming
Business Daily (Nairobi)
23 January 2008
Posted to the web 23 January 2008
Morris Aron
Economists are warning that violence in Rift Valley will affect food production, supply and dampen foreign exchange earnings from tea exports if the political stalemate is not resolved soon. Maize, tea and milk production stand to suffer most resulting in inflation and reduced foreign exchange revenue.
Group Economists - the research arm of South Africa Standard Bank which has interests in Stanbic Bank - gave...(complete article here).
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment