Kenyan tea shares at a 15-month peak
Shares in Kenyan tea companies rose to their highest levels since the beginning of 2008 after tea prices continued their upward trend at the Mombasa auctions. Financial experts say better tea prices and a weaker Kenyan shilling help local companies return to growth, yet companies remain cautious about their future due to unpredictable demand. At the auctions in Mombasa, prices averaged $2.66 a kilogram last week compared with $2.65 the week earlier.