Sharp Daily
No Result
View All Result
Thursday, June 26, 2025
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team
Sharp Daily
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team
No Result
View All Result
Sharp Daily
No Result
View All Result
Home News

Inside Kakuzi limited: Kenya’s agricultural powerhouse

Teresiah Ngio by Teresiah Ngio
August 20, 2024
in News
Reading Time: 1 min read

Kakuzi Limited, a prominent player in Kenya’s agricultural sector, is one of the oldest and largest agricultural companies in East and Central Africa. Specializing in the cultivation, processing, and marketing of avocados, macadamia nuts, blueberries, tea, pineapples, and livestock, Kakuzi has grown into a leader in the industry with a significant footprint beyond Kenya’s borders.

With 930 hectares dedicated to avocado farming, 1,356 hectares for macadamia nuts, and 10 hectares for blueberries, Kakuzi’s agricultural operations are extensive.

The company’s forestry division, covering 1,500 hectares, produces various timber products, including treated poles, gates, and heat-treated pallets. Additionally, Kakuzi’s livestock operation manages a herd of 4,420 animals, providing halaal beef and other products.

“Kakuzi’s commitment to sustainable agriculture and quality products has set us apart in the industry,” said Christopher Flowers, Managing Director of Kakuzi Plc.

RELATEDPOSTS

How Kenyan farmers are adapting to unpredictable weather in 2025

March 21, 2025

Opportunities in Kenya’s agricultural sector as an investment frontier

December 18, 2024

“Our success in exporting over three million cartons of avocados in 2023 is a testament to our dedication to operational efficiency and market expansion.”

Despite challenges in the global market, particularly a decline in demand for macadamia nuts, Kakuzi remains resilient. In 2023, the company recorded a pre-tax profit of KES 664 million, a decrease from KES 1,221.6 million in the previous year. However, the avocado sector performed exceptionally well, generating a pre-tax profit of KES 1.4 billion.

“Kakuzi is not just about agriculture; it’s about responsible farming and community engagement,” emphasized Flowers. The company’s initiatives in environmental sustainability and corporate social responsibility continue to be a core part of its strategy.

Kakuzi’s strategic focus on product diversification is evident in its expansion into new markets like India and Malaysia, offering promising avenues for future growth.

“We are optimistic about the recovery in the macadamia market and remain committed to delivering high-quality, environmentally responsible products,” Flowers added.

Previous Post

Meta says monetization program not yet expanded to Kenya; creators pre-registered

Next Post

Building the future: Site and service schemes reshape city planning

Teresiah Ngio

Teresiah Ngio

Related Posts

Investments

Investor shift to long term bonds drives oversubscription in CBK’s reopened auction

June 19, 2025
News

The real price of Israel – Iran Conflict for Kenya.

June 19, 2025
Economy

Resilient but strained: Kenyan firms speak out in May 2025 CEO survey.

June 19, 2025
News

Co-op Bank posts KES 6.9 billion profit in Q1’2025

May 16, 2025
Agriculture And Economy
News

Lets get Kenya out of FATF list

May 9, 2025
News

The downside of Impact Investing

May 2, 2025

LATEST STORIES

How Kenyan banks can bridge the cybersecurity talent gap

June 25, 2025

How companies can prevent administration through early intervention

June 25, 2025

How dairy bonuses are becoming a lifeline for Kenyan farmers

June 25, 2025

How dormant assets could be a hidden economic engine

June 25, 2025

Rethinking lifestyle inflation: The quiet investment killer

June 25, 2025

How Kenya can compete with global employment markets

June 24, 2025

Why Athi River deserves your investment

June 24, 2025

Parliament slashes tax on digital asset trades: What this means for investors

June 23, 2025
  • About Us
  • Meet The Team
  • Careers
  • Privacy Policy
  • Terms and Conditions
Email us: editor@thesharpdaily.com

Sharp Daily © 2024

No Result
View All Result
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team

Sharp Daily © 2024