Macadamia value dips by half on low demand

Macadamia2901t

Vehicles ferry macadamia nuts on Embu-Chuka road in January. PHOTO | JOSEPH KANYI | NMG

The value of macadamia nuts fell by 52 percent last year on reduced global demand due to Covid-19’s restrictions.

Data from the Agriculture and Food Authority (AFA) shows that the value dropped by Sh2.9 billion to Sh2.7 billion last year, from Sh5.7 billion in the preceding year.

PAYE Tax Calculator

Note: The results are not exact but very close to the actual.