Del Monte’s tax, GDP contribution tops Sh100bn
A new impact report shows the contribution, equivalent to about 0.16 percent of annual GDP and 1.5 percent of agricultural output, was generated between 2004 and 2024. Kenya breaking news | Kenya news today |..
✨ Key Highlights
Del Monte Kenya has significantly contributed to Kenya's economy, exceeding Sh100 billion ($800 million) in the past two decades (2004-2024).
- The company's contribution equals approximately 0.16 percent of annual GDP and 1.5 percent of agricultural output.
- Del Monte Kenya, a subsidiary of Fresh Del Monte Produce Inc., is the nation's largest producer and exporter of processed pineapple and fruit juice.
- The firm generated about $101 million in export earnings in 2024 and supports nearly 20,000 jobs annually.
Continue Reading
Read the complete article from Capital Business
Part of the Day's Coverage
Kenyan Private Sector Activity Contracts Again - May 2026
Kenya's private sector activity contracted for the second consecutive month in April, falling to 49.4 on the Purchasing Managers' Index (PMI), primarily driven by elevated operating costs from high fuel prices and weakened consumer demand. The government is proposing new taxes on mitumba (second-hand goods) and mobile phones, aiming to simplify taxation and curb evasion, with changes set to take effect in July if approved by the National Assembly. Del Monte Kenya has significantly contributed to Kenya's economy, exceeding Sh100 billion ($800 million) in the past two decades (2004-2024).
