The Burundi Coffee Regulatory warned in an interview that their crop may drop 13 per cent this year due to declining plantings, according to reports. A news report noted that output may fall to 21,000 metric tons from 24,000 tons in 2010. Production was said to be declining amid growing scarcity of land. The news report noted that the landlocked African country relies on coffee crops to generate more than half its foreign-exchange earnings.
Starbucks tells shareholders it’s taking the ‘right steps’ amid restructuring
As part of Starbucks' 33rd Annual Meeting of Shareholders on 12 March 2025, CEO and Chairman Brian Niccol shared early progress...