Tea
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Limuru tea narrows H1 2026 loss to US$163.4K
Limuru Tea recorded its highest first-half revenue since 2010 and a record 492 tonnes of made tea, but rising labour costs continued to weigh on profitability.
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High court rejects Kiru tea factory bid to join Citibank loan investigation case
The ruling leaves Citibank’s challenge to a DCI investigation intact, while Kiru maintains that its complaint concerns alleged unauthorised borrowing and repayment from factory funds.
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KTDA Chairman dismisses claims tea factories borrow loans to pay farmers’ bonuses
KTDA Chairman Enos Njeru says factory borrowing is largely linked to operations, investments and expansion, while financial needs vary across the tea sector.
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Kenya grants 10 KTDA tea factories autonomy under reforms to boost farmer earnings
Seven more factories are expected to gain autonomy within two months as Kenya expands tea export markets and promotes value addition.
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Bain Capital acquires Gong cha to accelerate global expansion of bubble tea brand
Bain Capital will support Gong cha’s expansion across Asia and North America as the bubble tea chain strengthens its global footprint.