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High global tea prices lift farmer earnings to record Sh84 billion

KTDA Chairman Peter Kanyago (left) and CEO Lerionka Tiampati consult during the release of results yesterday. The agency said tea farmers will earn Sh84 billion bonus for the year ended June 30, 2016. (PHOTO: WILBERFORCE OKWIRI/ STANDARD)

Small-scale tea farmers are set to earn more after revenue for the year 2015-2016 rose by a third on higher production and stable Kenyan shilling.

The farmers’ marketing agency, Kenya Tea Development Agency (KTDA) has announced Sh84 billion in revenue for the financial year ending June 30, 2016. In the last financial year, the agency made Sh63.5 billion.

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