Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
New US sanctions on Iran could disrupt Kenya’s tea trade. Shipping disruptions have already left millions of kilos of tea stranded. Exporters face mounting losses as a key Middle East market comes under pressure. Kenya’s trade ties with Iran are facing fresh strain after Washington widened its sanctions regime against Tehran, a shift that leaves…
Smallholder tea factories earned Ksh 906.8 million at the Mombasa auction. Githongo Tea Factory topped prices at Ksh 670.8 per kg. East of Rift teas outperformed West of Rift offerings. Smallholder tea factories earned Ksh 906,842,793.90 last week after auctioning 2,537,830 kg of made tea through the Mombasa Tea Auction. Githongo Tea Factory in Meru…
TBK and KTDA team up to strengthen Kenyan tea marketing. 71 KTDA factories could gain greater visibility for their unique tea brands. The push aims to expand value addition and improve farmer returns. The Tea Board of Kenya (TBK) and the Kenya Tea Development Agency (KTDA) are exploring closer collaboration to strengthen the marketing of…
Imenti tea farmers want Parliament to scrap the 0.8 per cent export levy, saying it is cutting into their earnings Farmers say the tea sector faces more than 40 taxes and levies that are raising production costs Growers are calling for government consultation and tax reforms to restore tea’s competitiveness and profitability Tea farmers in…
Agriculture CS Mutahi Kagwe says the proposed 0.8% tea levy will be paid by buyers, not farmers, and will not reduce grower earnings. The levy will support farmer payments, research, infrastructure and marketing as Kenya seeks to protect tea through a Geographical Indication. Agriculture Cabinet Secretary (CS) Mutahi Kagwe has said the proposed 0.8% tea…
Tea farmers could receive lower bonuses due to weak export sales. KTDA blames the 0.8 per cent export levy for reducing demand for Kenyan tea. The agency wants the government to scrap the levy to protect farmers’ earnings. Tea farmers across the country could receive lower bonus payouts this year due to challenges affecting tea…
