Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
Tea prices improved sharply at the Mombasa auction. Githongo tea fetched a top Ksh670.8 per kilogramme. Coffee farmers earned Ksh877 million from 15,325 bags. Kenya’s tea and coffee markets generated Ksh1.7 billion in last week’s auctions, with both sectors posting notably improved prices for farmers. Tea auction KTDA-managed factories received Ksh917.6 million from dealers after…
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…
KTDA chairman Enos Njeru rejects claims that factory loans are used to finance farmer bonuses. He says borrowing varies by factory and can fund machinery, operations and expansion. Njeru also called for patience as the DCI investigates the Ksh322 million fertiliser transaction. Tea factories that borrow money are not necessarily taking loans to finance bonuses…
Mt Kenya tea farmers continue plucking despite planned strike Farmers demand clarity on factory loans and sector finances KTDA says factories reported normal tea harvesting operations Tea farmers in the Mt Kenya region proceeded with plucking their green leaf, ignoring the planned countrywide presentation of a petition castigating unexplained loans. The farmers said the matter…
Tea earnings fell as supply tightened, but quality produce continued attracting premium prices. A handful of KTDA factories secured top prices at the Mombasa auction, led by Mununga. Coffee farmers also recorded strong returns, with Tegu coffee fetching the week’s highest price. Tea and coffee farmers generated Ksh 1.721 billion from the auction last week,…
A fresh dispute is brewing in Kenya’s tea sector, with allegations of a campaign to destabilise KTDA. A leaked audit on factory loans has intensified tensions as farmers weigh calls for action. The controversy comes as tea growers push for better returns and question proposed changes in the sector. Interested parties are allegedly bankrolling a…
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…
KTDA has rejected circulating financial documents as fake, unverified and misleading The agency says the documents lack required signatures, stamps and authentication KTDA has urged farmers and partners to rely on official channels as authorities investigate the circulation of protected information The Kenya Tea Development Agency (KTDA) has dismissed documents circulating on social media as…
Kisii tea farmers could soon earn more as government moves to crack down on tea hawking. Farmers set to get fertiliser at Ksh2,500 as government targets lower production costs. Nyamache Tea Factory seeks Ksh250 million upgrade as thousands of new tea seedlings are lined up. The government has announced measures aimed at improving returns for…
KTDA has procured 99,000 tonnes of fertiliser for more than 600,000 tea farmers, with delivery expected next month. The fertiliser will be distributed immediately upon arrival following shipment delays. KTDA is also diversifying tea markets and strengthening accountability amid ongoing investigations into an alleged Ksh322.5 million payment. The Kenya Tea Development Authority (KTDA) has procured…
