Tea prices grow at Mombasa auction on increased demand

Traders at the tea auction in Mombasa. FILE PHOTO | NMG

The price of tea at the Mombasa auction continues to rise on increased demand and reduced volumes at the weekly trading.

A market report from the East African Tea Traders Association (Eatta) showed a kilogramme of tea traded at Sh210 last week from Sh203 on average in the previous sale, marking a fifth time in a row that the value has consistently been going up.

PAYE Tax Calculator

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