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Listed Kenyan Firm Picks Sh655 Million From Avocado Trees

Kakuzi recorded a more than double profit lift from avocado exports, which posted a Ksh654.8 million growth, up from Ksh288.6 million in a similar period last year.

Cheaper Macadamia Cooking Oil Set To Hit Kenyan Market

Kakuzi says this complements the National Edible Oil Crops Project and provides an avenue to diversify the pool of edible oils-producing crops beyond sunflower, canola and soybeans to macadamia.”

Kakuzi Maintains Ksh24 Dividend Payout Per Share

Kakuzi shareholders will enjoy a Ksh24 dividend payout, as earlier recommended by the Board and approved during the annual general meeting (AGM), up from the Ksh22 payout the previous year. The enhanced dividends shall be paid on June 30, 2023, to the shareholders on the...

Kakuzi Posts Record Ksh1.22 Billion Profit Before Tax

Listed superfoods producer Kakuzi Plc has posted a Ksh45.8 million net profit for the financial year ended December 31, 2022, representing a 62% after-tax profit growth. The leading Avocado and Macadamia grower and exporter attained a historical record growth against its pretax profit, which closed...

Kakuzi Courts Chinese Importer Of Fresh Fruits

Listed superfoods grower and exporter Kakuzi Plc has confirmed plans to double Avocado exports to China following an engagement with Dalian Yidu Group, a major Chinese importer of fresh fruits and vegetables. Over the weekend, the Nairobi Securities Exchange (NSE) listed firm hosted a high-powered delegation...

Early Christmas For Kakuzi Employees As Firm Approves Pay Rise

Agribusiness firm Kakuzi Plc is set to adopt a new collective bargaining agreement (CBA) with the Kenya Plantation and Agricultural Workers Union (KPAWU), featuring a 9% salary increase for 2022 and another 9% for 2023. The signing of the 2022/2023 CBA follows a round of...