Connect with us

Hi, what are you looking for?

Capital Business
Capital Business

Agriculture

KTDA Chair Asks Govt to Stop Interfering with Agency

NYERI, Kenya, Sept 23 – Kenya tea development agency national Chairman Peter Kanyago wants the government to revert the agency into an authority by buying it off if they want to control it.

The chairman who is opposed to the proposed new tea regulations said that KTDA is a private company that cannot be controlled or owned by anyone without a cost.

He said that the agency is owned by farmers from 54 factories nationally where each hold at least two percent of assets which is equivalent to Sh. 400 million.

“We are not opposed to government directives. All what we are saying is that they either buy KTDA from farmers or come up with another agency,”he said.

The agitated Chair went ahead to disparage the said proposed tea changes saying that they will completely kill tea subsector in the country.

Kanyago cited the regulation that will see 100 percent of local tea sold directly, wondering how this would be practically possible.

“To avoid flooding local market with our tea, we can only have 80 percent of our tea sold through Mombasa tea auction and 20 percent through direct sales as President Uhuru Kenyatta had earlier directed,”he said.

This comes on the backdrop of low tea prices in the country. The KTDA boss said that the low prices are as a result of over production in the country.

He said that the price per kilo will be lower this year but farmers could earn more than they did last year due to the fact that they supplied more tea to their their factories.

Advertisement. Scroll to continue reading.

To resolve the current impasse over these regulations, Kanyago has called for a dialogue with the government.

  • The tea reforms are being popularised by Agriculture Cabinet Secretary Peter Munya.
1 Comment
Advertisement

More on Capital Business

Executive Lifestyle

NAIROBI, Kenya, Mar 12 – The country’s super wealthy individuals are increasing their holding of bonds, gold and cash, a new report by Knight...

Ask Kirubi

NAIROBI, Kenya, Mar 9 – Businessman and industrialist Dr. Chris Kirubi has urged members of the public to exercise extreme caution when making any...

Ask Kirubi

NAIROBI, Kenya, Mar 24 – Businessman and industrialist Dr. Chris Kirubi is set to own half of Centum Investment Company PLC, following a go-ahead...

Headlines

NAIROBI, Kenya, Mar 18 – Commercial Banks have been ordered to provide relief to borrowers on their personal loans, with loans eligible from March...

Kenya

NAIROBI, Kenya, Jun17 – Kenya’s tea leaves manufacturer Kericho Gold, has been awarded the Superbrands Seal by Superbrands East Africa for their quality variety...

Coronavirus

NAIROBI, Kenya, Mar 22 – Airtel Kenya is offering free internet access for students in order to enable continued learning at home in the...

Coronavirus

NAIROBI, Kenya, Apr 13 – As the local telecommunications industry gears up to roll out 5G networks in the country, the Communications Authority of...

Ask Kirubi

It is without a doubt that the COVID-19 pandemic has caught the whole world by surprise. Although its full impact is yet to be...