From your responses here in JF Seems like You get your yellow CCM heart broken every time you read something about Kenya. You are busy talking of 2014 & 2016 neega we are in 2018 & if you read the article flower sales are booming. Every business has up and downs, In 2017 the business grew despite drought, 2018 profits will make u sink into depression.Hahaha Naona sindano imeingia hadi kwa apendix..Just to remind you,Sher karukuri closed shop in 2014 after kenya faked its way to "middle income", thousands lost jobs Oserian held on but cut out its sponsored football team oserian fc. in 2016 oserian finally broke, layed off workers and is now operating at 1/3 of is capacity.
Keep your bile to yourselves or better yet drink it and dissolve into the green goo that you are
Dont be impressed by sales figures as if they are Profits.Lets talk about where it matters the most --- EARNINGS
This is how far behind Ethiopia and Tanzania are,..... You will need to sum the total horticultural (flowers,vegetables,Fruits..etc) of both Ethiopia and Tanzania for them to be comparable to just flower earnings of Kenya. Thats before you even begin to compare Kenyas total horticultural earnings which are $1.2B as of last year.
Ghana has passed you Rwanda and Uganda next....Dont be impressed by sales figures as if they are Profits.
Let me give you some grim news of Kenya flower farms in the wake of kenya's ill adviced and fake middle income status
Finlays to close two flower farms in Kericho due to labour cost
Agony for 2,600 workers as Karuturi flower firm shuts down amid debts
Oserian fires 2,500 workers in restructuring plan - Business Today Kenya
Double taxation thorn in flesh of floriculture
Now sit down and let the pain sink in. Taxes are so much that despite the sales figures no one is making a decent profit. But ofcourse Jubilee propaganda machinery will tell you that things are better than ever.
Bye Bye investors.... hahahahahaha Gas wametoroka.. Gold wametoroka... Tourism tumewashinda...Dont be impressed by sales figures as if they are Profits.
Let me give you some grim news of Kenya flower farms in the wake of kenya's ill adviced and fake middle income status
Finlays to close two flower farms in Kericho due to labour cost
Agony for 2,600 workers as Karuturi flower firm shuts down amid debts
Oserian fires 2,500 workers in restructuring plan - Business Today Kenya
Double taxation thorn in flesh of floriculture
Now sit down and let the pain sink in. Taxes are so much that despite the sales figures no one is making a decent profit. But ofcourse Jubilee propaganda machinery will tell you that things are better than ever.
Cost of labour had never been an issue in kenya flower farms with Atwoli on top of things.
The issue is uncompetitive exports due to kenya's new and fake middle income status that guarantees the EU to slap it with 3 times the tarrifs of "LDC" countries like ethiopia.
The margins dwindled,some companies tried to absorb the revenue loses but ultimately closed shop or ventured into other non export business.