Agriculture Cabinet Secretary, Hon. Peter Munya, has called on the new KTDA Holdings Board to move with speed in executing actions and strategies that will accord farmers enhanced earnings and get the sub-sector back to the sustainability and profitability path.
Speaking at an induction ceremony for the new board at a Nairobi hotel on Wednesday, July 7th, Munya said the new Board has taken up the new leadership mantle against the backdrop of ongoing reforms, adding that there is increased expectation to refocus the businesses objectives to serve the interest of farmers.
“As you assume office, it is important for you to recognize that you are taking up your responsibilities on the platform of reform and transformation, amidst high expectations from the shareholders and farmers who for a long time have suffered in the hands of poor leadership.
“The most important responsibility that you have is to restore the original mandate of KTDA Holdings Ltd, which is executed through the KTDA Management Services Ltd and to refocus the respective subsidiaries towards serving farmers’ interests and delivering value to shareholders,” he said.
He reiterated Government’s commitment to continue facilitating policy support in the sub-sector, cautioning that the effectiveness of Government’s support will only be realized if there is reciprocation from stakeholders.
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“The Government will continue facilitating policy support as well as the promotion and marketing strategy through the Tea Board of Kenya. However, Government support will only make sense if KTDA Holdings Ltd, which has the mandate of managing tea for the smallholder sub-sector plays its part,” he said.
Munya’s appeal to KTDA’s new board of directors comes barely a fortnight after the board held its first meeting on Monday, June 21, and sent long-serving Managing Director Lerionka Tiampati and five other officials on compulsory leave.
The others were managing director Alfred Njagi, company secretary John Omanga, finance and strategy director Benson Ngari and general manager ICT, David Mbugua.
“… the board of directors has made the following resolution, that the following senior managers will immediately proceed on compulsory leave to allow for the necessary investigations and determination of culpability for any malpractices and possible abuse of office,” Ichocho stated.
The investigations are expected to include a forensic audit of the operational and financial system, and reviews of procurement contracts.