Tea farmers decry alleged embezzlement, low bonus payments

Dissatisfied farmers affiliated with Iria-ini Tea Factory have lamented over low bonuses and alleged fund embezzlement by the factory’s management. The farmers suspect extravagant executive expenses and questionable procurement practices. They also complained that the factory is one of the lowest payers in the region, compensating farmers a mere Ksh38  for a kilogram of tea…

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tea factory

Kiamokama Tea Factory decries poaching from rival factories

The management of Kiamokama Tea Factory in Kisii County has embarked on an ambitious programme to recover millions of kilogrammes of green tea leaves which they have been losing through invasion and poaching by a number of neighbouring companies targeting their farmers. According to the factory’s Board Chairman Richard Obino, the encroachment by their competitors…

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Tea farmers decry low bonus payments

Dissatisfied farmers affiliated to Iria-ini Tea Factory have lamented over low bonuses and alleged fund embezzlement by the factory’s management. The farmers suspect extravagant executive expenses and questionable procurement practices. They also complained that the factory is one of the lowest payers in the region, compensating farmers a mere Ksh38  for a kilogram of tea…

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Tea farmers receive Ksh10 B loans from Greenland Fedha Limited

Greenland Fedha Limited, a subsidiary of Kenya Tea Development Agency (KTDA), has issued loans worth Ksh10 billion this year compared to the Ksh5 billion it disbursed to small scale tea farmers the year before. The high amount issued follows the company’s move to deep slash the interest rates in December 2021. Greenland Fedha Limited Chairman…

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Tea Act 2020 to be implemented soon, Gachagua assures stakeholders

Deputy President Rigathi Gachagua has assured tea farmers that the government is in the process of implementing the Tea Act of 2020 sponsored by Kericho County Senator Aaron Cheruiyot. Speaking during the closing ceremony of a three-day conference dubbed, “Mkulima Kwanza” held at the Kericho Golf Club, the DP noted that implementing the Act will…

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Stegro Sacco pays out Sh120m tea bonus

By Benedict Ngetich and Jackline Chepkorir. The new management of Stegro Savings and Credit Society has paid out Sh120 million accumulated tea bonus to farmers. The CEO, Mr Geoffrey Chepkwony said the payments were part of accumulated bonus by farmers who had not been paid by the previous management. Accompanied by the Chairman of the…

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Govt asked to revise taxation on Saccos

By Benedicto Ng’etich The Chairman of Simba Chai Savings Co-operative Society Engineer Joseph Mitei has complained of the high rate of taxation directed at co-operative societies in the country. He said co-operatives should come together and lobby legislators to formulate laws which are friendly to saccos. “We want people elected into various political offices to…

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