Who owns Ktda Kenya?
The Kenya Tea Development Agency Ltd. (KTDA) was established in 2000 and is owned by 54 tea companies which, in turn, have 550,000 small tea farmers as individual shareholders. The tea companies collectively own 66 tea processing factories.
Who is the head of KTDA?
Mr. Wilson Muthaura
NAIROBI, Kenya, October 8 -The Board of the Kenya Tea Development Agency Holdings Limited (KTDA Holdings Limited) has today appointed Mr. Wilson Muthaura as the Group Chief Executive Officer (CEO) with effect from October 1, 2021.
How many factories are under KTDA?
Currently there are 66 operational tea factories under the KTDA (MS) Ltd management, each managed by a board of directors elected by and from among the growers of the specific factory catchment.
Is Ktda a private company?
The KTDA Holdings Ltd is a private holding company owned by small-holder tea farmers. We are responsible for over 60% of the tea produced in Kenya.
Is Ktda a parastatal?
Kenya Tea Development Agency Limited (KTDA Ltd) was incorporated in June 2000 as a private company under Cap 486 of the Laws of Kenya becoming one of the largest private teas management Agency. The Agency was previously a parastatal (Kenya Tea Development Authority) that was formed in 1964 through a Legal Notice No.
How does Ktda operate?
KTDA, indirectly owned by farmers The company was privatized in 2000 and is indirectly owned by 570,000 tea farmers, through 66 tea factories. KTDA field staff train farmers to improve the productivity and quality of tea yields through techniques such as planting, pruning, weeding, and fine-plucking.
Who is Wilson Muthaura?
Wilson Muthaura as the Group Chief Executive Officer (CEO) with effect from October 1, 2021. Until the appointment, Mr. Muthaura has been the acting Group CEO of KTDA Holdings Limited. He has held various senior leadership positions across various private and public institutions for more than 24 years.
Is tea farming profitable in Kenya?
It is notable that although Kenyan small -scale tea farmers are some of the best paid in the world in terms of net returns per kilo of green leaf, with farmers earning up to 75 per cent of the gross revenues, this good pay does not translate into economic wellbeing largely due to limited economies of scale.
Which county produces most tea in Kenya?
The Kenya Bureau of Statistics says Kericho, Bomet and Nandi counties produce 46 per cent of the country’s tea.
How many tea plants can you grow per acre?
Tea soils must be acid; tea cannot be grown in alkaline soils. A desirable pH value is 5.8 to 5.4 or less. A crop of 1,500 pounds of tea per acre (1,650 kg per hectare) requires 1.5 to 2 workers per acre (3.7 to 4.9 workers per hectare) to pluck the tea shoots and perform other fieldwork.
Who owns tea plantations in Kenya?
Tea farming in Kenya is practised by small-holder farmers, like Lucy, who account for 60 per cent of tea production in Kenya (and mostly sell their tea to the KTDA), and on tea estates owned by large-scale producers, like Unilever.
Who introduced tea in Kenya?
Tea was first introduced in Kenya in 1903 by GWL Caine and was planted in present-day Limuru. Commercialisation of tea started in 1924 by Malcolm Fyers Bell, who was sent out by Brooke Bonds to start the first commercial estates. Since then the nation has become a major producer of black tea.
Are tea farms profitable?
Although learning to grow and process tea can be challenging, a lucrative crop can be raised on very small plots of land. A grower can plant 6,000 tea bushes on a single acre of land for about $20,000, LeCompte said. That might be 20 times the cost to plant an acre of corn, but the corn must be replanted annually.
Is Tea Garden a profitable business?
Selling 3700 kgs @ Rs 17/ kg would bring income: Rs 62,900. Here the profit can be judged as: (Rs 62,900 – Rs 40,000) = Rs 22,900. From the above assumptions, the initial investment for tea farming is estimated to be around Rs 4, 32,742.
What is the largest tea estate in Kenya?
Kericho tea plantation
One of the major tea plantation region in Kenya which is among the largest plantation in Africa which is Kericho tea plantation. It has been grown there since 1924. Tea is planted in an area of over 157,720 hectares, with production of about 345,817 metric tonnes made of tea.
Which country produces most tea in Kenya?
Kenyan tea has been the leading major foreign exchange earner for the country. Most tea produced in Kenya is black tea, with green tea, yellow tea, and white tea produced on order by major tea producers….Production.
How much does an acre of tea estate make?
Income generated from the sale of the green leaf is Rs 37,400. During the 4th year, harvest doesn’t bring much profit, but the subsequent year when the yield increases to 3700 kgs. Then profits start coming in through the sale of green leaf. Selling 3700 kgs @ Rs 17/ kg would bring income: Rs 62,900.
What is the margin in tea business?
Even after adding extra costs to this, a cup of tea would cost you around 3.5-5 INR. Whereas you own a stall and sell a cup for 10-20 INR, you have a profit margin of about Rs15. For a tea bar, where you can set the prices even higher, your profits could be up to 55-60 Rs for a cup.