Tagged: mombasa

Kenya's Tea Farmers Took Home Less in a Year the Shilling Got Stronger

A tea garden is paid in its own currency for a crop sold against the US dollar, so the exchange rate can move a season's income more than the harvest does. Kenya and India lived through opposite versions of that mechanism in the same year.

KTDA, the Company That Runs Kenya's Smallholder Tea

One management company runs the factories that process tea for roughly 600,000 Kenyan smallholders, pays them on a two-tier system split between a monthly rate and a year-end bonus, and answers to no single owner. Here is how it is built, how the money moves, and where the fights over it keep breaking out.

The Tea Auctions

How tea is priced and sold. The canonical reference on the world's tea auctions: how a sale actually works, the major centres at Mombasa, Colombo, and across India, the move from the outcry floor to the screen, and what an auction price really means.