The Kenya Tea Development Agency (KTDA) has declared the highest dividends in its history, bringing relief and optimism to tea farmers across the country. This milestone comes as a result of improved management practices, cost-cutting measures, and favorable global tea market prices.
KTDA reported that the strong performance was driven by enhanced efficiency in operations, increased tea production, and strategic partnerships that boosted sales. The record dividends signify a significant turnaround for farmers who had faced challenges in recent years due to fluctuating market prices and rising production costs.
Officials stated that these earnings will directly benefit farmers, enabling them to reinvest in tea farming and improve their livelihoods. The announcement underscores KTDA’s commitment to delivering value to stakeholders while ensuring the sustainability of Kenya’s tea sector.
Farmers welcomed the news, expressing hope for continued growth and stability in the industry. Full financial details and dividend disbursement timelines are expected to be released soon.
