\begin{tikzpicture}[
declare function = {
kel=0.5;
f(\x)=(ln(\x)-ln(kel))/(\x-kel);
}]
\draw[thick, < - >, >=stealth] (0,3) node[below left]{$t_{\rm max}$} -- (0,0) node[below left=-1mm]{$0$} -- (6,0)node[below left]{$k_{\rm a}$};
\draw[very thick, domain=0.22:6,samples=200, blue] plot(\x,{f(\x)});
\end{tikzpicture}