Home Business State mulls reverting KTDA to parastatal

State mulls reverting KTDA to parastatal

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Business Daily | by Edwin Mutai

The government is considering a takeover of the Kenya Tea Development Agency (KTDA) Limited and have it revert to a State corporation, Agriculture Secretary Peter Munya has disclosed.

Mr Munya told Parliament a Cabinet memorandum seeking to revert the firm, currently considered private, back to government is on the cards.

He said the agency is a public company having succeeded the Kenya Tea Development Authority (KTDA) which was a parastatal at inception…

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