TEA NEWS #tea news

Summary • It is not clear whether Mr Kinoti will also summon the KTDA directors too, who have been using their private companies to trade with the agency as suppliers. • Previously, farmers were being paid by KTDA factories 14 to 16 shillings per kilo monthly, with the bulk of the money, which is the retained earnings, paid in October.

Tea Farmers In Murang’a Fault System Used To Elect KTDA Board Members

Summary • Besides the KRA, tax accountants in the sector have to deal with over 10 other agencies among them county governments’ revenue officials, the Agriculture and Food Authority and the Kenya Plant health inspectorate Service who charge various levies and taxes. • On the line is also the Kenya Bureau of Standards, the National Environment Management Authority, the Kenya Ports Authority the Department of Occupational Health and Safety as well as Weights and Measures among others.

Summary • Divisions between KTDA and its factories have begun emerging. • The factory told KTDA that it is not opposed to the reforms. • Another opponent of the reforms is East African Tea Trade Association – which runs the auction platform in Mombasa.

Tea Prices Surge Across India due to Floods, COVID and Low Stocks

Heavy rains and the absence of tea pickers because of lockdowns have hammered production and sent local prices spiraling to records

KTDA orthodox teas production records 25pc growth

Tea factories are also beneficiaries as they would receive proceeds from tea auctions immediately while brokers with direct or indirect commercial links with a tea factory are barred from offering brokerage services to the factory.

KTDA moved to court to compel Cabinet Secretary (CS) Peter Munya to revoke the gazette notice validating the appointment of the team.