Sisal export earnings up by 11pc on rising prices

A sisal farmer. FILE PHOTO | NMG

Kenya's sisal export earnings rose by 10.96 percent to Sh2.45 billion in the first half of this year compared to a similar period in 2020, buoyed by rebounding prices in key export markets.

Data by the Agriculture and Food Authority (AFA) shows export volumes of sisal fibre increased by 9.5 percent to 14,822.4 tonnes in the six months to June this year, compared to 13,533.8 tonnes the previous year — boosting overall export earnings, which rose from Sh2.2billion posted in a similar period of 2020.

PAYE Tax Calculator

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