The losses come amid a sharp escalation in air freight charges, which have risen by up to 110 percent over the past 12 to 18 months.
By
Edna Mwenda
Business Reporter
Nation Media Group
Flower exporters in Kenya have lost an estimated Sh724.4 million ($5.6 million) over the past two months due to cargo delays, crop spoilage and declining market prices, as rising air freight costs and global disruptions continue to squeeze one of the country’s key export sectors.
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