Tea sales jumped by 42%, rising to Sh62.89 billion. This will lead to the biggest bonus payments going to farmers in Kericho and Bomet.
From July 2021 to June 2022, total revenues increased by Sh18.74 billion to reach Sh62.89 billion, up from Sh44.15 billion.
From June 2021 to June 2022, the average total profits per kilo of green leaf increased by 44.6% to Sh50.9 from Sh34.71.
The greatest bonus will go to farmers in Kericho and Bomet, who will earn Sh15.27 billion, followed by Kiambu and Murang’a, who will receive Sh13.19 billion.
Kirinyaga and Embu, Meru and Tharaka-Nithi, Murang’a and Nyeri, Kisii and Nyamira regions would each receive Sh8.97 billion, Sh8.46 billion, Sh8.3 billion, and Sh6.94 billion respectively. Nandi, Trans Nzoia, and Kakamega will share Sh1.76 billion bonus.
As a portion of the Sh38.92 billion bonus windfall designated for Central Kenya, smallholder tea producers in Nyeri County are anticipated to collect Sh600 million.
Most tea manufacturers in the county, according to KTDA Company Secretary Patrick Ngunjiri, have doubled their bonuses payouts from the previous year.
Farmers at Gathuthi Tea Factory in Nyeri county will now be paid Sh40 per kilogram of green leaf as opposed to Sh20 in the previous fiscal year.
Gitugi Tea Factory-affiliated farmers would now earn Sh41 per kilogram as opposed to Sh25 last year.
The incentive payout at Iriaini Tea Factory was Sh17 per kilogram last year, but it is currently Sh34 per kilogram. The Chinga Tea Factory would pay growers Sh33 per kilogram, an increase from the Sh19 recorded the previous year.
In contrast to previous year, growers connected to Ragati Tea Factory received Sh17 per kilogram but would now get Sh31.
Peter Munya, the cabinet secretary for agriculture, recently stated that the tea-growing counties expect this year’s bonus to be the largest since 2016.