Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
Seven tea factories fetched more than Ksh 388.08 per kg at the Mombasa Tea Auction, led by Mununga at Ksh 433.36 per kg. KTDA managed factories sold 2.46 million kg of tea, earning Ksh 822.8 million, despite lower volumes compared with the previous week. Rwanda recorded the highest average price at Ksh 372.81 per kg,…
Smallholder tea sales at the Mombasa Tea Auction fell to 128.6 million kg from 138.8 million kg a year earlier. Exporters blame the new Ksh 2.28 per kg tea levy for reducing demand from international buyers. TBK says the levy will fund tea price stabilisation, research and sector infrastructure. Smallholder tea factories sold 128,554,359kgs of…
High Court ruled EACC cannot investigate KTDA’s private tea factory loan deals. Judge found the loans involved no public funds, public officers or bribery. Court said such cases fall under the DCI, not EACC. A High Court judge has stopped EACC from digging into loan arrangements at two tea factories run by the Kenya Tea…
The Kenya Tea Development Agency (KTDA) has disbursed Sh12.1 million in compensation to 44 families in Gituagi Village, Nyeri County, whose homes and crops were destroyed when the Gura Hydro Canal collapsed during the recent long‑rain season. Speaking during the compensation announcement, Gura Hydro Power Project Chairman Wambugu Mukundi said the community had embraced the…
The Kenya Tea Development Agency (KTDA) has entered into a strategic partnership with the Kenya Institute for Public Policy Research and Analysis (KIPPRA) to review and update its institutional policy framework, a move aimed at strengthening governance and competitiveness in the tea sector. The collaboration was formalized during a meeting at Majani Plaza in Nairobi…
The government will allocate KSh1 billion to the construction of two value addition and branding centres for Kenyan tea, President Williams Ruto has said. Speaking when he launched Chai Gold, the flagship tea brand of the Kenya Tea Development Agency (KTDA) for the international market at Ketepa Grounds in Kericho County on Wednesday, June 19,…
