KTDA plans to list at Nairobi bourse amid State probe

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Deputy President William Ruto (left) and KTDA director in charge of management services Alfred Njagi during a tour to a factory in Oleguruone in Nakuru County. FILE PHOTO | NMG

Kenya Tea Development Agency (KTDA) board has announced plans to list in Nairobi Securities Exchange to unlock new capital for expansion amid a State-backed investigation of its activities.

The decision to list, which comes amid the reforms in the sector that has put the agency and government on a collusion path, was reached during a special general meeting (SGM) held at the end of last month.

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