Financial and commodity markets, regardless of the industry, have changed due to the outbreak of COVID-19.
According to Business Daily, The European Union will introduce stricter measures for Kenyan beans being exported to Europe from 26th May 2020 as high levels of pesticide residues will result in rejections of cargo.
Many millers are not happy that the window to import maize will not be extended.
As part of our evolving coverage of all aspects of the cannabis business, John Lothian News is passing on information and insights about industrial hemp to our readers on a monthly basis.
2020 is a year that no one saw coming, such is the case throughout the projected hemp industry, PanXchange is working to change that.
Uganda is expected to be a key origin as a new crop is expected from June but Malawi will also be an alternative source.
Ms. Julie Lerner, Chief Executive Officer, PanXchange, participated in the commodity industry panel during the JPMCC’s 3rd Annual International Commodities Symposium, which was held at the University of Colorado Denver Business School in August 2019.
Kenya continues to see an increase in positive Covid-19 cases as the lockdown has seen a slowdown in economic activities. The government are supporting stakeholders in the horticulture and food industry to help restart their businesses while it also plans to support those vulnerable groups such as the elderly and people with special needs.
The government of Kenya has introduced a ban on the movement to and from the Greater Nairobi area as the cases of Covid-19 rise to 184 with 7 confirmed deaths and 12 patients that have recovered. The ban was announced by the president on Monday 6th April and will last 21 days. Supplies for food and cargo are exempt from the directive.
Kenya has seen the most cases of Covid-19 in the region as the number has surpassed 100 and with 3 fatalities. The country is also battling to keep the economy operating during a nationwide curfew, closure of businesses and slowdown in those businesses that have remained opened.