Opera News

Opera News App

How KTDA has been frustrating farmers

kenrose
By kenrose | self meida writer
Published 19 days ago - 1800 views

Tea growing has been one of the major source of income to the Kenyan economy over many years now.This has encouraged farmers to embrace tea growing especially in the Kenyan highlands where the conditions are favourable.However it has been realized that The Kenya Tea Development Agency(KTDA)has been robbing the shareholders in many ways.The cartel handles betweeen 160-200 million kilos of tea annually where they sell it locally or export and the farmers get paid in return

About 60% of that processed tea is sold at Mombasa Tea Auction on Tuesdays all year round, where crooked, opaque and corrupt ‘price discovery’ is done.

The other 40% is handled through private arrangements where certain players are given wealth on a silver platter. The 40% private arrangement is handled by the marketing department. They give tea to a Mombasa subsidiary of KTDA called Chai Trading Limited and some international players like Lipton which buys around 100 million kgs annually from KTDA. Chai trading Company even has an Office in Dubai. It is treated as a non-KTDA entity which is just fraud.


The Auction is the first instance where the subsistence Tea Farmer is conned. Big multinationals and Chai Trading suppress the auction prices by bidding rock bottom prices. So brokers are unable to sell them the tea below reserve prices.

Content created and supplied by: kenrose (via Opera News )

Tags:      

Chai Chai Trading Dubai KTDA Mombasa
Opera News is a free to use platform and the views and opinions expressed herein are solely those of the author and do not represent, reflect or express the views of Opera News. Any/all written content and images displayed are provided by the blogger/author, appear herein as submitted by the blogger/author and are unedited by Opera News. Opera News does not consent to nor does it condone the posting of any content that violates the rights (including the copyrights) of any third party, nor content that may malign, inter alia, any religion, ethnic group, organization, gender, company, or individual. Opera News furthermore does not condone the use of our platform for the purposes encouraging/endorsing hate speech, violation of human rights and/or utterances of a defamatory nature. If the content contained herein violates any of your rights, including those of copyright, and/or violates any the above mentioned factors, you are requested to immediately notify us using via the following email address operanews-external(at)opera.com and/or report the article using the available reporting functionality built into our Platform

YOU MAY LIKE

Reggae Artist Bunny Wailer Dies At The Age Of 73

2 hours ago

11 🔥

Reggae Artist Bunny Wailer Dies At The Age Of 73

ODM Supporter Warned Against Ethnic Profiling After Making Controversial Remarks

2 hours ago

103 🔥

ODM Supporter Warned Against Ethnic Profiling After Making Controversial Remarks

"Check Your Facts!"Kimani Ichung'wah Tells Kutuny Off After His Remarks During TV "Check Your Facts!"Kimani Ichung'wah Tells Kutuny Off After His Remarks During TV Hosting

3 hours ago

685 🔥

Joshua Kutuny Hits on Ruto Over Gov't Failures as he Delivers Sad News to His Camp & Jubilee Rebels

3 hours ago

100 🔥

Joshua Kutuny Hits on Ruto Over Gov't Failures as he Delivers Sad News to His Camp & Jubilee Rebels

Kutuny Lectures Troubled Kositany in Live TV Interview[Video]

3 hours ago

16 🔥

Kutuny Lectures Troubled Kositany in Live TV Interview[Video]

Fare Thee Well Maestro! Raila Leads Other Leaders In Mourning The Death Of Legendary Reggae Musician

3 hours ago

15 🔥

Fare Thee Well Maestro! Raila Leads Other Leaders In Mourning The Death Of Legendary Reggae Musician

A Legendary Reggae Musician Has Died

4 hours ago

68 🔥

A Legendary Reggae Musician Has Died

So Heartbreaking! World's Legendary And Popular Reggae Artist Dies In Hospital

4 hours ago

15 🔥

So Heartbreaking! World's Legendary And Popular Reggae Artist Dies In Hospital

Raila Odinga's Strong Tribute Message to Legend Reggae Artist Bunny Weiler

4 hours ago

19 🔥

Raila Odinga's Strong Tribute Message to Legend Reggae Artist Bunny Weiler

Senator Ledama Breaks Silence on Another Major Looming Scandal in Kenya

4 hours ago

86 🔥

Senator Ledama Breaks Silence on Another Major Looming Scandal in Kenya

COMMENTS