&w=1536&resize=1536,0&ssl=1 "KTDA’s tea bonus problem: Billions in borrowing leaves factories in debt")
A Tea Board of Kenya audit has exposed a debt-heavy financing model behind KTDA’s tea bonus payments. The review found factories carrying billions in loans, with concerns over borrowing, stock valuations and the use of inter-factory credit.
An undulating tea farm in Igoji division, Meru County, Kenya – under Kinoro Tea Factory managed under the KTDA network (Image: Files)
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Read Full Article by Baks wa M’Muthamia at www.pulse.co.ke
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