Individuals living around Kakuzi #ticker:KUKZ raised their stake in the agricultural firm to a new high of 1.11 percent in the year ended December. Through Kakuzi Neighbourhoods Development Foundation, they increased their ownership to 216,598 shares that have a current market value of Sh91.9 million. The foundation is backed by former Kakuzi squatter John Kibunga […]
Avocado farmers contracted by Kakuzi #ticker:KUKZ earned Sh31.4 million from the agricultural firm in the year ended December, a 45.6 percent decline from the year before. The payout fell from Sh57.9 million, attributed to lower export quantities besides a decline in the price of the fruit in the international markets, the company says in its […]
(Alliance News) – The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News: ———- East Star Resources PLC – gold and copper exploration company focused on Kazakhstan – Announces results for the period from incorporation on November 17, 2020 to November 30, 2021. Company generates […]
The entrance to Kakuzi offices in Murang’a County on October 14, 2020. FILE PHOTO | NMG Listed agricultural firm Kakuzi has posted a 48.5 per cent decline in profitability to Sh319 million for the year ended December 2021 on cyclic dips in productivity. The firm announced it will make a Sh431.1 million dividend payout or […]
Fruit maturity testing at Kakuzi/KAKUZI Agricultural firm–Kakuzi has reported a 48.6 per cent decline in net profit for the year ended December 2021, due to reduced earnings from avocado exports. The Nairobi Securities Exchange-listed firm on Wednesday reported a Sh319.7 million net profit for the year under review. This is down from Sh622 million it […]
A herder guides his cows across the Ngoliba-Soya bridge on Wednesday. Thika MP Patrick Wainaina after commissioning the Ngoliba-Soya bridge in Thika East on Wednesday. Residents cross Thika River using the newly constructed bridge on Wednesday. The government has completed the construction of a crucial bridge that connects Ngoliba and Soya villages in Kiambu and […]
(Alliance News) – The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News: East Star Resources PLC – gold and copper exploration company focused on Kazakhstan – Announces results for the period from incorporation on November 17, 2020 to November 30, 2021. Company generates no […]
Decline in avocado exports Kenyan agricultural firm Kakuzi has reported a 48.6 per cent decline in net profit for the year ended December 2021, due to reduced earnings from avocado exports. The Nairobi Securities Exchange-listed firm on Wednesday reported a Sh319.7 million net profit for the year under review. This is down from Sh622 million […]
The entrance to Kakuzi offices in Murang’a County on October 14, 2020. FILE PHOTO | NMG Agricultural firm Kakuzi has started rearing goats, aiming to supply meat from the animals to hotels and restaurants by June as part of its expansion and diversification strategy. The company aims to meet the demand for quality meat that […]
Kenyan integrated agro-business firm Kakuzi PLC has become one of the first local entities to secure approval from the Kenya Plant Health Inspectorate Service (KEPHIS), to process and prepare export-grade fresh avocados for the Chinese market. The firm has secured its KEPHIS approval following a stringent phytosanitary audit for its extensive Kakuzi farms and packhouse. […]
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