By Malachi Motano

Tea farmers in Nyeri are bracing for 30 per cent decline in bonus after the announcement by Kenya Tea Development Agency (KTDA)  due to a glut.

According to the County  KTDA Chairman Peter Kanyago,  low prices for tea locally and internationally had also led to the drop in payments.

“The current prices are the lowest the State agency has fetched in 10 years.The

bonus will be lower than what was paid last year. Tea prices worldwide have been on the decline,” Mr Kanyago said.

He was speaking during the ASK Show at Kabiruini Showgrounds in Nyeri County,  where he added that, “Most tea producers have also not been able to manage their costs. This, of course, leads to low returns for the multinational tea companies as well as small-scale tea farmers.”

Leave us your feedback below

Related Posts

READ ALSO:   The Kenya Tea Development Agency (KTDA) has been accused of sidelining the Kenya Union of Small-scale Tea Owners

Hits: 731

If you like the article, share here with others, join our whatsup and telegram too
https://i1.wp.com/farmerstrend.co.ke/wp-content/uploads/2019/09/The-chairman-says-low-prices-for-tea-locally-and-internationally-had-also-led-to-the-drop-in-payments..jpeg?fit=1024%2C768&ssl=1https://i1.wp.com/farmerstrend.co.ke/wp-content/uploads/2019/09/The-chairman-says-low-prices-for-tea-locally-and-internationally-had-also-led-to-the-drop-in-payments..jpeg?resize=150%2C150&ssl=1Malachi#TrendingCropsTea FarmingKTDABy Malachi Motano Tea farmers in Nyeri are bracing for 30 per cent decline in bonus after the announcement by Kenya Tea Development Agency (KTDA)  due to a glut. According to the County  KTDA Chairman Peter Kanyago,  low prices for tea locally and internationally had also led to the drop in...New generation culture in agriculture