Nairobi, Feb. 15 -- The government plans to drop the minimum price of $2.43 per kilogramme of tea sold at the Mombasa auction on continued outcry that sellers are stuck with stocks of unsold consignments of the green leaf.

The minimum price introduced in 2021 for tea sold by the Kenya Tea Development Agency (KTDA), with an estimated production market share of 65 percent, has a major influence on the auction.

Farmers in the tea-producing regions, including Nandi, Kericho and Kisii, own the KTDA.

Trade and Industry PS Abubakar Hassan Abubakar said on Wednesday the government would hold talks with tea sector players to start the process of repealing the regulations that introduced a reserve price of $2.43 (Sh380.80 at current exchange rat...