The Kenya Tea Development Agency (KTDA) has issued a statement addressing recent reports suggesting that it holds 200 million kilogrammes of unsold tea. This clarification follows claims made by Williamson Tea Kenya PLC in its financial disclosures and subsequent media coverage.
KTDA firmly dispels the allegations of unsold tea stocks, stating that no such inventory exists as purported. “The said stocks cannot be destroyed since no such stocks exist as alleged,” KTDA clarified, emphasizing that the reports are baseless and unfounded.
Furthermore, KTDA refutes the assertion that these non-existent stocks are disrupting the market. The agency stresses its commitment to maintaining the highest standards in the tea production process, ensuring that any tea in its warehouses represents the hard work of farmers and is kept in optimal condition unless deemed unfit for consumption.
“KTDA holds no expired teas and adheres to high standards in its entire value chain – from plucking, processing, transportation, and storage – to maintain the highest quality for consumers worldwide,” the statement read.
The agency reassures stakeholders and the public of its dedication to quality and transparency, reaffirming that the reported issues have no basis in reality.
