Kenya's coffee exports earnings fall on low global prices

STORY: Kenya's coffee exports earnings fall on low global prices DATELINE: June 15, 2023 LENGTH: 00:02:25 LOCATION: NYERI, Kenya CATEGORY: ECONOMY SHOTLIST: 1. various of a coffee plantation 2. various of coffee bushes 3. various of ripe coffee berries 4. various of a farmer inspecting coffee bushes 5. various of a farmer picking ripe coffee berries 6. various of farmers sorting coffee berries 7. various of farmers drying the coffee beans 8. various of cups of coffee with different varieties 9. various of processed coffee in packets 10. various of coffee bags being packed for export STORYLINE: The value of Kenya's coffee earnings in the first quarter of 2023 (Q1) dropped 20.2 percent amid a decline in export volumes and global prices, the Kenya National Bureau of Statistics (KNBS) said in an economic report released Tuesday. The country earned 7.63 billion shillings (about 55 million U.S. dollars) from 11,284 metric tons (MT) of coffee, a decline from 69 million dollars from 11,923 MT in Q1 of 2022, KNBS

Kenyan shoppers' holiday spending habits changing amid inflation

STORY: Kenyan shoppers' holiday spending habits changing amid inflation DATELINE: Nov. 27, 2022 LENGTH: 00:01:55 LOCATION: Nairobi CATEGORY: SOCIETY/ECONOMY SHOTLIST: 1. various of the supermarket 2. STANDUP 1 (English): RUTH WANGARA, Xinhua reporter 3. SOUNDBITE 1 (English): PETER MWANGI, Local resident 4. SOUNDBITE 2 (English): ISAAC LAMO, Local resident 5. various of the cellphone store 6. SOUNDBITE 3 (English): GIDEON MUTALI, Cellphone store supervisor STORYLINE: STANDUP 1 (English): RUTH WANGARA, Xinhua reporter "With the high cost of living currently being experienced, Black November has been welcomed with enthusiasm by the people here in Kenya. I am in one of the biggest supermarkets in the country and as you can see behind me there are many people here hoping to enjoy the discounts to ease off the pressure of the high inflation rate." Monthly inflation data from the Kenya National Bureau of Statistics (KNBS) shows the east African nation's overall inflation rate stood at a record high of 9.2 perce

Kenyans feel pinch amid hiking inflation, tax adjustment

STORY: Kenyans feel pinch amid hiking inflation, tax adjustment DATELINE: Oct. 13, 2022 LENGTH: 00:05:13 LOCATION: Nairobi CATEGORY: SOCIETY SHOTLIST: 1. various of Nairobi streets 2. various of businesses in Nairobi 3. SOUNDBITE 1 (English): GITAU NGUGI, Businessman 4. SOUNDBITE 2 (English): RUTH WAIRIMU, Hawker 5. SOUNDBITE 3 (English): JOHN MAINA, Meat seller 6. various of businesses in Nairobi 7. SOUNDBITE 4 (English): PETER NJOGU, Car dealer 8. various of Nairobi streets STORYLINE: Businesses and consumers in Kenya face more pain as the inflation accelerated to a record high in September, as well as with the Kenya revenue authority (KRA) inflation tax levy adjustment. Monthly inflation data by the Kenya National Bureau of Statistics (KNBS) shows the country's overall rate of inflation in September stood at 9.2 percent, compared to 8.5 percent in August. The KRA levy imposed on imports, including fuel (petrol, diesel and kerosene), took effect on Oct. 1. The inflation rise continued with an increase

Kenya's economy rebounds to 7.5 percent in 2021 despite COVID-19

STORY: Kenya's economy rebounds to 7.5 percent in 2021 despite COVID-19 DATELINE: May 7, 2022 LENGTH: 00:01:05 LOCATION: Nairobi CATEGORY: ECONOMY SHOTLIST: 1. various of the officials during the launch of the report 2. various of sugar cane harvesting 3. various of a vegetable farm 4. various of dried up river beds 5. various of locals looking for water in dried river beds 6. various of tea plantation 7. various of locals on the streets STORYLINE: Kenya's economy rebounded from the crippling effects of the COVID-19 pandemic to an estimated 7.5 percent in 2021 from a contraction of 0.3 percent in 2020, the national statistics bureau said on Thursday. The Kenya National Bureau of Statistics (KNBS) said in the 2022 Economic Survey that the economic recovery was mainly driven by the resumption of most economic activities after the lifting of the COVID-19 containment measures instituted in 2020 to curb the spread of the virus. "In 2021, all economic activities registered positive growth except agriculture, f