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    KTDA Pays KSh27.6 Billion Final Bonus to Farmers

    Wandiri
    By Wandiri Gitogo
    - October 23, 2020
    - October 23, 2020
    Kenya Business news
    KTDA Pays KSh27.6 Billion Final Bonus to Farmers

    KTDA Management Services limited has released KSh27.62 billion to its 54 tea factories. This is the final payment for the year ended June 30, 2020 and brings the total payment for the year to KSh51.85 billion.

    The payment for the year grew by 11.6 percent from the Ksh46.48 billion paid last year. KTDA managed smallholder tea factories recorded a 14 percent jump in revenue in the year ended June 30, 2020. Revenues rose to Ksh79 billion from Ksh69 billion in the previous year driven by increased green leaf production.

    Green leaf production increased 29 percent to 1.45 billion kilograms from 1.13 billion kilograms over a similar period last year. The volume of made tea also increased to 326 million kilograms from the 267 million kilograms recorded last year.

    BometSh6.42 billion
    EmbuSh3 billion
    KerichoSh4.94 billion
    KiambuSh4.92 billion
    KirinyagaSh5.39 billion
    KisiiSh1.98 billion
    MeruSh5.79 billion
    Murang’aSh9.8 billion
    NandiSh1.11 billion
    NyamiraSh3.40 billion
    NyeriSh3.54 billion
    Tharaka NithiSh881 million
    Trans Nzoia

    Vihiga
    Sh241 million

    Sh430 million.
    Cumulative dividend payments to factories in various counties

    RELATED

    KTDA-Managed Factories Record KSh79 Billion Revenue in FY19/20

    Kenya’s Tea Exports Fall to 323,000 Tons in Jan-Aug 2020

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