BUSINESS

KTDA: Tea Farmers to Receive Mini Bonus Payment in July

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KTDA Board Chair David Idocho addresses the press flanked by the new board of directors on June 21, 2021 in Nairobi. [Photo/ Lucy Wanjiru/NMG]
KTDA Board Chair David Idocho addresses the press flanked by the new board of directors on June 21, 2021 in Nairobi. [Photo/ Lucy Wanjiru/NMG]
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The Board of KTDA Holdings on Friday, June 25 announced that farmers affiliated to KTDA MS managed factories will be paid a Mini Bonus in July 2021. The payment will be combined with the Green leaf supply for the month of June 2021.

The payment will range between Kshs 2 shillings and Kshs 5 shillings per kilogram of green
leaf delivered for 6 months between July 2020 and 31st December 2020. The Board which took over the running of the company on Monday, said farmers have been requesting for this payment to meet their financial obligations and only farmers from Kirinyaga and Embu were paid the same in the month of April this year with March green leaf deliveries.

The payment will be based on the financial performance of each factory, mainly driven by
prices, hence the variation in payment further said the KTDA Chairman, Mr. David Muni
Ichoho.

READ ALSO>>>>>KTDA: Long-serving Bosses Sent Home as New Board Takes Charge

The KTDA Board Chairman maintained that his Board is focused on implementing the tea
reforms which are aimed at improving the wellbeing of the small holder tea farmers.
The Tea Act was signed into law by  President Uhuru Kenyatta in December last year and The Board Chairman thanked the President for backing the tea sector, which he noted serves more than 10 million Kenyans and is a leading foreign exchange earner for the country.

The Chairman claimed that the previous KTDA leadership had frustrated all the efforts
to reform the sector which would immensely benefits the farmers through court matters
invariably using the money that the farmers need for their daily livelihood.

The Chairman further urged the respective factory boards to fast track the signing of the
mini bonus payment resolutions assisted by the respective Factory Managers so that the
farmers are paid on time.

READ>>>>>Smallholder Tea Farmers to Receive Ksh734M KTDA Dividend From Factories

Written by
BUSINESS TODAY -

editor [at] businesstoday.co.ke

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