Williamson Tea News Today

This adds to their sustained push for the firms to stop using tea-plucking machines

Sri Lankan firm, Browns Investment Plc, has bought an undisclosed stake in multinational tea firm James Finlays Kenya.

Thirteen listed companies on the Nairobi Securities Exchange now have a dividend yield of more than 10 percent.

Officials from at least 10 tea processing factories made the request after meeting potential agents. They raised concerns about some of the clauses in the draft management contracts.

Recruitment of the management agents has been extended to May 16. Board has informed 39 tea factories in Mt Kenya East about the issue.

Listed agricultural firms have reaped from gains in commodity prices over the last year helping to fuel the growers’ sales and earnings.

Williamson Tea Kenya says smallholder farmers now supply more than 60 per cent of the green leaf processed in its factories, deepening the outsourcing strategy it started years ago.

Former chief justice of Kenya Willy Mutunga attacks the British government over what he called its "act of gross inhumanity and injustice" one month after two Kenyan tribes filed a case against the British government at the European Court of Human Rights over alleged colonial abuses.

Smaller firms at NSE are leading the market in price gains this year, giving their investors a return of up to 60 percent at a time larger stocks are in the red.

TEHRAN (Tasnim) – Two Kenyan tribes are taking the UK to the European Court of Human Rights over alleged abuses in the final decades of British colonial rule.