The Board of the Kenya Tea Development Agency Holdings Limited (KTDA) has appointed Mr. Wilson Muthaura as the Group Chief Executive Officer effective October 1, 2021.
Until the appointment, Mr. Muthaura has been the acting Group CEO of KTDA Holdings Limited.
According to KTDA, Muthaura has held various senior leadership positions across various private and public institutions spanning more than 24 years.
“On behalf of the Board and the Management, I would like to congratulate Mr. Muthaura on his appointment and wish him every success in the new role. We believe that he has the requisite leadership vision to steward the organization towards the full attainment of the reforms that we have embarked on,” said KTDA Chairman, David Ichoho.
Muthaura takes over the mantle at a time when the organization is implementing reforms in the tea sub-sector, among them strategies to stabilize tea prices at the auction to enhance farmers’ earnings.
Smallholder tea factories have already announced second payment rates (bonuses) for farmers for the financial year ending June 2021 covering the period July 1, 2020 to June 30, 2021.
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This was arrived at after meetings by factory directors from the 54 KTDA-managed factories that were held between September 20 and October 1 this year to review the audited 12 months accounts of their factories and declare the second payment rate.
“Factory directors have fulfilled their mandate to review the performance of their companies over the 12 months and declare the second payment rates. The factories have already directly communicated to their farmers about these rates. Generally, the rate per kilo does not vary much from those of the previous financial year” said David Ichoho, KTDA Holdings Chairman.
“Farmers will receive this payment in their accounts at the end of October 2021,” he added
This even as the Ministry of Agriculture is urging tea factories to work on the reduction of production costs.
The move is aimed at boosting farmers’ earnings in resolving a number of complaints occasionally raised by them.