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End of tea party as farmers’ bonus drops by a third

Kenya Tea Development Agency Holdings Ltd Group CEO Lerionka Tiampati during a press conference in Nairobi. [David Njaaga, Standard]

Tea farmers will get reduced earnings following a drop in the commodity’s global prices due to a mix of factors including turmoil in key international markets.

Farmers whose produce is marketed by the Kenya Tea Development Agency (KTDA) have seen their earnings decline by a quarter or 25 per cent to Sh46.45 billion in the financial year to June compared to Sh62 billion last year.

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