Rising unsold tea volumes at Mombasa auction spark concern among exporters and farmers, with industry players linking the trend to new export levies and weakening global demand.
Business leaders call for wider consultations and a sugar-content-based tax system as concerns mount over the economic impact of Nigeria’s proposed beverage levy.
GFH will serve as investment manager and development partner for the platform.
Nevertheless, industry participants remain hopeful that market stability will return once the rainy season concludes.
Consumers gain access to thousands of grocery and household items via on-demand ordering network.