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HomeDaily NewsSaturday, September 6, 2025Mt. Kenya Tea Factory and Njeru Industries Placed Under Administration - September 2025
Business & Economy3 stories from 1 sources

Mt. Kenya Tea Factory and Njeru Industries Placed Under Administration - September 2025

Mt. Kenya Tea Factory Limited has been placed under administration, with the move becoming effective on September 3, 2025, due to a court order. Insolvency practitioners have been appointed to manage the company's affairs. This action transfers all operational control from the directors to Joint Administrators, meaning the directors no longer have power over the company's assets. This development occurs amid significant challenges facing Kenya’s tea industry. Separately, Njeru Industries has also been placed under administration, and two supervisors have been picked to manage it.

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Saturday 5:53 PMCapital Business

Njeru Industries placed under administration, two supervisors picked

Njeru Industries placed under administration, two supervisors picked
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Key Highlights

Njeru Industries Limited has been placed under administration by a court order under the Insolvency Act No. 18 of 2015, effective September 3, 2025. This action transfers control of the company's affairs from its directors to appointed administrators.

  • The company's administration resulted from Insolvency Cause No. IP E048 of 2025.
  • PVR Rao and Swaroop Rao Ponangipalli have been appointed as Joint Administrators.
  • All powers of the Directors regarding the company's assets have ceased.
  • Creditors and claimants must submit their claims by September 30, 2025.
Saturday 9:13 AMCapital BusinessFirst

Mt. Kenya Tea placed under administration amid sector-wide turmoil

Mt. Kenya Tea placed under administration amid sector-wide turmoil

Mt. Kenya Tea Factory has been placed under administration, effective September 3, 2025, due to a court order. This action transfers all operational control from the directors to Joint Administrators, amid significant challenges facing Kenya’s tea industry.

Read Story

Key Highlights

Mt. Kenya Tea Factory has been placed under administration, effective September 3, 2025, due to a court order. This action transfers all operational control from the directors to Joint Administrators, amid significant challenges facing Kenya’s tea industry.

  • The court appointed PVR Rao and Swaroop Rao Ponangipalli as Joint Administrators.
  • The Kenyan tea industry is struggling with weak global pricing and climatic stress, leading to a 3.85 percent fall in tea output in April 2025 compared to 2024.
  • In the first half of 2025, Kenya’s tea export earnings dropped by 12.1 percent, from Sh102.47 billion to Sh90.12 billion.
  • Parties with claims against Mt. Kenya Tea Factory must submit documentation by September 30, 2025.
Saturday 9:13 AMCapital Business

Mt. Kenya Tea Factory placed under administration

Mt. Kenya Tea Factory placed under administration

Mt. Kenya Tea Factory Limited has been placed under administration, with insolvency practitioners appointed to manage its affairs. This move, effective on September 3, 2025, means the company's directors no longer have power over its assets.

Read Story

Key Highlights

Mt. Kenya Tea Factory Limited has been placed under administration, with insolvency practitioners appointed to manage its affairs. This move, effective on September 3, 2025, means the company's directors no longer have power over its assets.

  • All claims against the company must be submitted by September 30, 2025.
  • The joint administrators are PVR Rao and Swaroop Rao Ponangipalli.
  • The administrators will act as agents of the company, without personal liability, to oversee the restructuring process.
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