Tea farmers also need to be educated on best practices like pruning, the correct type of fertilizer to use and correct methods of harvesting, he adds. If the prices continue to deteriorate, listed tea companies such as Williamson, Kapchorua, Limuru and Sasin will all be affected as over half of their incomes come from tea farming, Manyinsa says. But the seasonal time of the glut means there are still grounds for optimism in these shares, he adds. “Farmers remain confident of the recovery.”
Read More