Kakuzi Plc

Avocadoes drive Kakuzi’s Shs171M half-year profit despite slump in macadamia market

Leave a Comment / Smart farms

Kakuzi PLC has announced a Shs 171. 1 million half-year pretax profit on the back of a difficult trading period due to the prevailing Macadamia global glut. The firm, which recently adopted a new corporate brand identity, enjoyed a more than double profit lift against its avocado export business, which posted a Shs 654.8 million …

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Kakuzi enters Kenya’s cooking oil market as part of rebranding effort

Leave a Comment / Value addition

Agribusiness firm Kakuzi Plc has formally adopted a new corporate identity that underscores its commitments to agricultural development for the domestic and export markets. As part of its new branding programme, Kakuzi is set to introduce competitively priced Macadamia Cooking oil in the local market.  While noting that Kakuzi is set to unveil a range …

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Chinese traders plan on increasing Kenyan avocado imports

Leave a Comment / Market

By George Munene According to China’s Director-General of the Department of African Affairs, Wu Peng, the first batch of Kenyan avocados arrived in Shanghai on Wednesday with Chinese importers showing strong interest in their high quality and plan to import on a bigger scale.  The arrival of the inaugural shipment of Hass variety avocado from …

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kakuzi blueberry

Kakuzi banks on macadamia & blueberries as avocado business falters

Leave a Comment / Market

By George Munene Kakuzi PLC has announced plans to diversify into the production of superfoods such as Macadamia and Blueberries as its avocado business falters. While it’s volume of Hass avocado sold decreased by 17.5%, its macadamia sales increased to 513 tons from 320 tons the previous year. The publicly-traded company plans on establishing an …

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avacado

Kakuzi given green light to export avocado to China

Leave a Comment / Market

By George Munene Kakuzi PLC has secured a permit from the Kenya Health Inspectorate Service (KEPHIS) to process export-grade fresh avocados for the Chinese market. The move is expected to benefit smallholder farmers supplying avocadoes to the publicly traded company as it will open up China’s mammoth $133 million avocado market. The approval followed an …

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