Top officials of Kenya Tea Development Agency face economic crime charges after detectives expose massive looting
KTDA is a private company collectively owned by over 600,000 smallholder tea farmers across 16 counties. These farmers are shareholders in 54 tea companies, which, together with 15 satellite factories, own KTDA Holdings and its eight subsidiaries.
Tea Board of Kenya pitches for higher consumption of local tea as competition for international market intensifies
Small-scale tea farmers have been urged to enhance the quality of their tea to attract more markets and increase their earnings. Tea Board of Kenya (TBK) CEO Willy Mutai, speaking in Mombasa during a tea stakeholders’ consultative meeting, described the findings of a Tea Quality Validation Report as impressive and...
Credit ratings agency S&P upgrades Kenya’s credit rating to ‘B’ from B-
The economy is expected to grow by 5.6 per cent this year, he added, which is above the Kenyan finance ministry’s forecast of 5.3 per cent and the central bank’s projection of 5.2 per cent.
