Smallholder tea farmers affiliated to KTDA managed factories will this month receive Sh649 million from their tea factories. This is from dividends received from KTDA Holdings Ltd and its subsidiaries for the financial year ending 30th June 2019. KTDA’s annual audited accounts indicate that dividends have consistently been paid to its shareholders who are the factory companies. These subsidiaries operate along the tea value chain by taking advantage of economies of scale to provide critical services to factories and farmers at competitive rates. The generated dividends are enjoyed by the factories and their farmers and are reflected in the respective books of accounts.

Source: The Star June 03, 2020 08:03 UTC