FARMKENYA INITIATIVE
News
By Nderitu Gichure | February 12th 2021 at 12:00:00 GMT +0300
Jane Wambui plucks tea leaves at Wamagana Village in Tetu, Nyeri County on January 13, 2016.
Kenya Tea Development Agency (KTDA) has dismissed claims it has been using farmers hard-earned money to set up eight of its subsidiary companies. In a statement, the agency said no money from farmers had been used to set up the entities. It said the subsidiaries were established using external funds from local and international financial institutions.
The new entities include KTDA Management Services, KTDA Power, Greenland Fedha, Kenya Tea Packers Ltd, Chai Trading Company Limited, Majani Insurance Brokers, Tea Machinery & Engineering Company Ltd, and KTDA Foundation.