×
App Icon
The Standard e-Paper
Home To Bold Columnists
★★★★ - on Play Store
Download Now

KTDA bags Murang'a tea firms' management deal after new talks

Vocalize Pre-Player Loader

Audio By Vocalize

A tea farmer in Tetu, Nyeri. Tea farmers want the new government to fix the maximum guaranteed returns for tea crop at Sh 80 per kilo. [Kibata Kihu, Standard]

Murang'a tea factories have concluded negotiations on the management agreement contracts and selected Kenya Tea Development Agency Management Services (KTDA - MS) as their managing agent.

After two months of negotiations, 80 directors settled on KTDA MS after they agreed to follow the terms and conditions set in the draft agreement formulated by a consultant who collected views from the farmers.

Get Full Access for Ksh299/Week.
Bold Reporting Takes Time, Courage and Investment. Stand With Us.
  • Unlimited access to all premium content
  • Uninterrupted ad-free browsing experience
  • Mobile-optimized reading experience
  • Weekly Newsletters
  • MPesa, Airtel Money and Cards accepted
Already a subscriber? Log in
Business
Big win for Ruto as court clears path for sale of key State firms
By Brian Ngugi 22 hrs ago
Business
PwC now seeks buyers for Koko Networks assets
Business
Kenya Pipeline Company IPO extended by three working days
Enterprise
When fundamentals are stable but the patient is terrified