High Cost of Transport Hits Exports to Europe
Date: Wednesday, November 30 @ 01:53:21 PST
Topic: Consumption; Demand; Prices


Kenya's second leading foreign exchange earner, horticulture, is facing increasing competition from emerging African producing nations, as well as Caribbean and South American countries.

..Airfreight charges in Kenya are said to be five times higher than in the competing countries. Furthermore, high energy cost, rising fuel cost and appreciation of the Shilling threaten Kenya's stronghold in some of its established markets. According to the Kenya Flower Council, the strength of the Shilling has already had damaging effects with members' profits decreased by up to 20 per cent this year.



AllAfrica







This article comes from Peak Oil News
http://www.peakoil.com

The URL for this story is:
http://www.peakoil.com/modules.php?name=News&file=article&sid=9578