Tea fetches less fourth time in a row on supply increase

A woman picks tea leaves in Nyeri. FILE PHOTO | NMG

Tea prices at the Mombasa auction declined further in the latest trading as the volumes offered increased significantly amid diminishing demand.

Data from the auction indicates a kilo of tea fetched $2.32 (Sh283) on average from $2.34 (Sh286) in an earlier sale to mark the fourth time in a row that the value has been declining.

PAYE Tax Calculator

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