Browsing: Kakuzi

• Kakuzi PLC has posted a 60 per cent rise in its pretax profit to reach KSh 494.7 million for the first six months of the year 
• The performance came against the firm’s strategic Avocado and Macadamia crops and steadily growing revenues from its market and product diversification efforts
• The complex international markets, an increasing cost base for many of the firm’s key inputs, and a worldwide consumer spend squeeze may affect the full-year results

Kakuzi PLC has posted a KSh 494.7 million pretax profit in its half-year results.

In a statement, the listed company said the performance was driven by increased sales, leading to a 60 per cent rise in its earnings.

The performance came against the firm’s strategic Avocado and Macadamia crops and steadily growing revenues from its market and product diversification efforts.

Kakuzi Managing Director Chris Flowers said the firm’s pretax profit has grown to KSh 494.7 million, …

• Kakuzi, a listed Kenyan agri-business, has partnered with marketing firm Driscoll’s to launch a blueberry export plan
• Under the deal, the two firms plan to grow the local and export volumes of blueberry in Kenya 
• The blueberry venture, which has been undergoing production and commercial trials, is part of Kakuzi’s revenue diversification strategy

Kenya has announced plans to export blueberries into the international market, following a partnership between Kakuzi and Driscoll’s.

On August 12, 2022, the listed Kenyan business signed a deal with Driscoll’s, a global market leader in fresh strawberries, blueberries, raspberries and blackberries, to grow the local and export volumes of blueberry.

Kakuzi PLC Managing Director Chris Flowers said Driscoll’s market evaluation team conducted a fact-finding tour of the firm’s orchards in Makuyu, Murang’a county, prior to launching the blueberry export plan.

Driscoll’s team comprised 13 senior sourcing, Technical and market development executives led by Driscoll’s Vice President …

• Kakuzi PLC will begin selling its avocados to China following approvals to send its inaugural Hass variety of avocado consignment to be shipped out to China on July 30, 2022
• The move follows government regulatory agencies’ confirmation that China has now provided the green light for fresh avocado exports to the market
• Kakuzi kicked off the shipping management process following the green light from China, as it seeks to explore and unlock the export opportunity of locally grown fresh avocados

Kakuzi PLC will begin selling its avocados to China following approvals to send its inaugural Hass variety of avocado consignment to be shipped out to China on July 30, 2022.

The move follows government regulatory agencies’ confirmation that China has now provided the green light for fresh avocado exports to the market.

Kakuzi kicked off the shipping management process following the green light from China, as it seeks to explore …