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Kakuzi HY 2020
RIEK01
#1 Posted : Monday, August 31, 2020 5:38:51 AM
Rank: New-farer


Joined: 2/8/2018
Posts: 72
Angelica _ann
#2 Posted : Monday, October 12, 2020 5:36:18 PM
Rank: Elder


Joined: 12/7/2012
Posts: 11,709
Tesco suspends avocado supply from Kakuzi Kenya on rights concerns
In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
Impunity
#3 Posted : Monday, October 12, 2020 6:01:11 PM
Rank: Elder


Joined: 3/2/2009
Posts: 26,276
Location: Masada
Angelica _ann wrote:
Tesco suspends avocado supply from Kakuzi Kenya on rights concerns


They pay g4s peanuts.
Sad Sad
Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.

RIEK01
#4 Posted : Monday, October 12, 2020 6:09:28 PM
Rank: New-farer


Joined: 2/8/2018
Posts: 72
kmucheke
#5 Posted : Monday, October 12, 2020 6:13:56 PM
Rank: Member


Joined: 3/16/2019
Posts: 199
Impunity wrote:
Angelica _ann wrote:
Tesco suspends avocado supply from Kakuzi Kenya on rights concerns


They pay g4s peanuts.
Sad Sad


Same allegations Del Monte is accused of around its pineapple plantations.

VituVingiSana
#6 Posted : Monday, October 12, 2020 6:37:45 PM
Rank: Chief


Joined: 1/3/2007
Posts: 17,269
Location: Nairobi
kmucheke wrote:
Impunity wrote:
Angelica _ann wrote:
Tesco suspends avocado supply from Kakuzi Kenya on rights concerns


They pay g4s peanuts.
Sad Sad


Same allegations Del Monte is accused of around its pineapple plantations
You see hawkers selling pineapples on the roads near Thika that are the same size as those available at Del Monte's shop. I wonder where they source these pineapples.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
mulla
#7 Posted : Monday, October 12, 2020 6:52:30 PM
Rank: Member


Joined: 6/15/2013
Posts: 299
VituVingiSana wrote:
kmucheke wrote:
Impunity wrote:
Angelica _ann wrote:
Tesco suspends avocado supply from Kakuzi Kenya on rights concerns


They pay g4s peanuts.
Sad Sad


Same allegations Del Monte is accused of around its pineapple plantations
You see hawkers selling pineapples on the roads near Thika that are the same size as those available at Del Monte's shop. I wonder where they source these pineapples.

Uganda
tandich
#8 Posted : Tuesday, October 13, 2020 9:39:22 AM
Rank: Member


Joined: 5/6/2008
Posts: 186
RIEK01 wrote:
https://www.kakuzi.co.ke/news


KAKUZI PLC - PRESS STATEMENT

Quote:
The Sunday Times article refers to a British Estate in Kenya. We are not a British estate. We are a proudly Kenyan Company with 1,300 shareholders, the majority being Kenyan and have been trading on the Nairobi Securities Exchange for over 50 years.


When they talk of majority of the shareholders being Kenyan do they mean number of shareholders or ownership?

kmucheke
#9 Posted : Thursday, October 22, 2020 8:46:36 AM
Rank: Member


Joined: 3/16/2019
Posts: 199
tandich wrote:
RIEK01 wrote:
https://www.kakuzi.co.ke/news


KAKUZI PLC - PRESS STATEMENT

Quote:
The Sunday Times article refers to a British Estate in Kenya. We are not a British estate. We are a proudly Kenyan Company with 1,300 shareholders, the majority being Kenyan and have been trading on the Nairobi Securities Exchange for over 50 years.


When they talk of majority of the shareholders being Kenyan do they mean number of shareholders or ownership?



Quote:
Camellia had earlier stated that it does not control Kakuzi’s board or its day-to-day operations in a bid to distance itself from the agricultural firm’s troubles.

It has since deleted the demonstrably false claim, insisting that the Nairobi Securities Exchange-listed firm has a separate governance structure.

“It is managed by its own board of directors on behalf of its 1,300 shareholders, most of whom are Kenyan,” Camellia says of Kakuzi in its amended statement.

LINK

This law firm Leigh Day was also behind the suits against the British government for leaving un-detonated bombs and torture of Mau Mau prisoners in Kenya.
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