UNGA Group Plc will hold its 2021 Annual General Meeting (AGM)Â on Thursday 10th December 2021 by electronic means. For the latest key economic events use the free ECONOMIC CALENDAR
Tag: XNAI_UNGA
Unga Group, Kenya seeks shareholders nod for fish feed joint venture
Unga Group Limited , Kenyan-based holding company is seeking shareholder approval to transfer part of the assets in two of its subsidiaries to joint ventures as it moves to seal the deal with Netherlands based feeds company Nutreco International . The company made the announcement and said that upon the transfer, its two subsidiaries Unga […]
Unga seeks shareholders nod for fish feed joint venture
Unga Group #ticker:UNGA is seeking shareholder approval to transfer part of the assets of Unga Farm Care and Unga Millers to joint ventures that the subsidiaries will own on a 50/50 basis with Nutreco International B.V. Nutreco and Unga Farm Care will invest in and establish an aquafeed joint venture in Kenya. The multinational and […]
Athanas Matheka Started Honey Business with KSh 15k after Quitting Employment, He Now Runs an Empire
Athanas Matheka had always wanted to venture into entrepreneurship from a young age; he was inspired by the East African Breweries’ success story Matheka would later quit employment to pursue that dream; he and his wife started the Greenforest Foods in their tiny kitchen in Umoja Estate, Nairobi Production for Greenforest’s products has since moved […]
Unga profit rises four times after State pays for maize supplies
Unga Group #ticker:UNGA expects to get Sh284.5 million from the sale of its bakery business and part of its stakes in its animal feed subsidiaries. The company recently reached an agreement to sell Ennsvalley Bakery to BigCold besides signing deals to transfer part of the assets of Unga Farm Care and Unga Millers to joint […]
Nutreco appoints Burberry executive as new chief procurement officer
Dutch animal nutrition giant Nutreco, and parent of aquaculture feed company Skretting, has appointed Paul Bestford as the company’s new chief procurement officer (CPO). Bestford comes most recently from fashion company Burberry where he led the Global Procurement Function. Previous jobs include leadership positions at Novartis, British Airways, Ernst & Young, John Lewis Partnership and […]
Kenya: Unga CEO Nick Hutchinson Exits After 20 Years
Unga Group managing director Nicholas Hutchinson will depart in December after two decades in the human and animal feed miller. The Nairobi Securities Exchange-listed company announced on Monday that the long-serving MD will retire effective December 31. "Mr Hutchinson will continue in an advisory capacity for a period of time to ensure a smooth transition," […]
Unga CEO Nick Hutchinson exits after 20 years
Unga Group #ticker:UNGA managing director Nicholas Hutchinson will depart in December after two decades in the human and animal feed miller. The Nairobi Securities Exchange-listed company announced on Monday that the long-serving MD will retire effective December 31. “Mr Hutchinson will continue in an advisory capacity for a period of time to ensure a smooth […]
BK Group Ends The Week As Top Gainer, Unga Group Tails
KEY POINTS The top gainer of the day was BK Group with 8.05 percent at the price of 38.25 shillings per share. It was followed by Britam Holdings with 5.06 percent at the price of 8.30 shillings per share. The top gainer of the day was BK Group with 8.05 percent at the price of […]
Unga, not hunger: Skretting plans to help feed Kenya’s growing population
Skretting is betting on the growth of East African aquaculture The venture with the Unga Group , which is based in Kenya and is the largest feed miller in East Africa, will focus on fish feed development in the region and is due to involve significant investments in production capacity to meet the anticipated rise […]