[Kibata Kihu, Standard]Senior management and board members of the Kenya Tea Development Agency (KTDA) may be headed home as the government kicks off an investigation into the operations of the agency. President Uhuru Kenyatta yesterday directed the Attorney General to conduct an inquiry into allegations of statutory and regulatory breaches committed by KTDA, one of the largest tea industry players in Kenya. The president also noted that the company may have in numerous instances acted contrary to Kenyan laws, including the Companies Act. The president noted KTDA has been running “an opaque and exclusionary process” of setting tea prices that is “sharply dissimilar from the process in other comparative jurisdictions”. The president also ordered the Tea Board of Kenya to put in place mechanisms to enable tea factories hold elections.
Source: Standard Digital March 12, 2021 19:12 UTC