Latest from Kakuzi

10 JUN 2026 | News

Kakuzi PLC has issued a formal public notice warning that it is not selling, donating, or transferring any of its land or property. Shareholders at the 98th Annual General Meeting expressed serious concern at ongoing attempts by external parties to expropriate company assets. Members of the public are advised to exercise caution and conduct due diligence before engaging with any parties claiming to sell or offer Kakuzi land.

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3 JUN 2026 | News

Kakuzi PLC is hiring a Senior Estate Manager – Horticulture to oversee avocado production, estate operations and packhouse performance at its Makuyu farm in Murang'a County.

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20 MAY 2026 | News

At its 98th Annual General Meeting held in Nairobi in May 2026, Kakuzi PLC outlined an intensified global marketing strategy to expand avocado exports beyond Europe into China, India, and North America. MD Chris Flowers affirmed that fresh avocado exports remain commercially viable and committed to accelerating the blueberry commercial scale-up. Shareholders approved the Ksh 16.00 per share dividend for FY2025 — double the prior year's payout.

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25 MAR 2026 | News

Kakuzi PLC delivered a major financial turnaround in 2025, posting a Ksh 387.5 million after-tax profit — reversing a Ksh 131.6 million after-tax loss the prior year. Total revenues grew 12% to Ksh 5.37 billion. Avocado segment profit surged 96% to Ksh 709 million, while macadamia profit jumped 429% to Ksh 365 million following its recovery from the 2024 price downturn. The Board recommended a dividend of Ksh 16.00 per share — double 2024's payout.

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18 NOV 2025 | News

Kakuzi PLC's Board of Directors has issued a formal cautionary announcement to shareholders and investors regarding recommendations by the National Land Commission (NLC) arising from an investigation into historical land injustice claims on property owned by Kakuzi. The NLC has recommended, among other measures, that Kakuzi surrender 3,200 acres of appropriate land as a final settlement for the most vulnerable claimants. The company is reviewing the recommendations and will use all legal means to preserve the rights of its shareholders.

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16 SEP 2025 | News

Kakuzi PLC and the County Government of Siaya have announced a joint initiative to scale up avocado and macadamia nut farming among smallholder farmers in Siaya County. The partnership aims to provide local farmers with technical training, and expand Kenya's superfood production base beyond the traditional Murang'a growing region.

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20 AUG 2025 | News

Kakuzi PLC reported a Ksh 295.5 million net profit for the half-year ended 30 June 2025, as revenues grew to Ksh 1.5 billion. The results reflect a strong interim recovery driven by improved avocado export volumes and the ongoing macadamia segment turnaround. The H1 2025 performance set the platform for the full-year FY2025 profit of Ksh 387.5 million announced in March 2026.

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14 MAY 2025 | News

At its 97th Annual General Meeting in May 2025, Kakuzi PLC presented its 'From Makuyu to the World' mid-to-long-term strategic growth plan. The strategy focuses on expanding avocado exports to new markets including India, China, and North America; growing blueberry production; developing value-added products; and diversifying non-agricultural income streams. The plan aims to deliver sustained, growing shareholder returns.

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25 MAR 2025 | News

Kakuzi PLC posted a pre-tax loss of Ksh 167 million for the financial year ended 31 December 2024. The loss was driven by a combination of Red Sea shipping disruptions inflating logistics costs, adverse weather conditions affecting crop quality, foreign currency fluctuations reducing export income, and a severe global macadamia price depression. MD Chris Flowers outlined active mitigation measures including expanded irrigation infrastructure, market diversification, and the blueberry commercial scale-up.

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8 MAR 2025 | News

On International Women's Day 2025, Kakuzi PLC celebrated the vital contributions of the women across its operations. Women are central to Kakuzi's sustainability strategy, from driving production quality on the avocado and macadamia estates to leading community development initiatives in Murang'a County. Kakuzi's gender equality commitment is one of its six UN Sustainable Development Goal alignments.

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20 AUG 2024 | News

Kakuzi PLC posted a Ksh 507 million pre-tax profit for the half-year ended 30 June 2024, with macadamia returning to the profit zone following the severe global price depression of 2023. Avocado export volumes remained the primary revenue driver. Note: full-year FY2024 results subsequently recorded a Ksh 167 million pre-tax loss, reflecting a sharp deterioration in H2 2024 due to Red Sea shipping disruptions and macadamia market weakness.

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15 MAY 2024 | News

At its 96th Annual General Meeting in May 2024, Kakuzi PLC presented its vision of being 'much more than a farm' — positioning itself as an integrated international agribusiness enterprise. Plans covered value-added macadamia products, expansion into Asian markets, development of the Kakuzi Farm Market domestic retail channel, and sustainable operations underpinned by ESG reporting. The strategy represents a shift from commodity exporter to premium branded superfood company.

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4 APR 2024 | News

Kenya's Cabinet Secretary for Co-operatives Simon Chelugui visited Kakuzi PLC's orchards and packhouse in Murang'a County and confirmed the government's strategy to connect Kenyan avocado, macadamia, and blueberry farmers to the US$171.8 billion global superfoods market. The plan focuses on harnessing the co-operative societies movement and MSMEs as vehicles for sustainable agricultural value chain development and global market access for smallholder farmers.

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17 FEB 2024 | News

Kakuzi PLC has welcomed the opening of the 2024 avocado export season and is offering free maturity testing services to smallholder farmers. The initiative — part of Kakuzi's Avocado Smallholder Programme supporting 3,500 registered farmers — works to promote harvesting of mature fruit, protecting Kenya's reputation for quality export avocados and maximising returns for farmers. Smallholders can contact Kakuzi directly to arrange free maturity tests.

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10 JAN 2024 | News

Kakuzi PLC has signed an updated Collective Bargaining Agreement granting unionisable employees a 16% wage increase, effective January 2024. The agreement underscores Kakuzi's commitment to decent work and fair labour standards — a core component of its ESG strategy and alignment with UN SDG 8 (Decent Work and Economic Growth). Kakuzi employs over 3,000 workers during peak season and is one of Murang'a County's largest private-sector employers

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15 DEC 2023 | News

Kakuzi PLC has published its fourth annual Environmental, Social and Governance (ESG) Report — the most recent in a series that began in 2019, making Kakuzi the first listed agricultural company on the NSE to voluntarily publish ESG reports. Themed 'Growing Together — For People, with Purpose', the report covers Kakuzi's progress on carbon footprint tracking (in place since 2017), water conservation including 13 million m³ rainwater storage, community development programmes, and ethical supply chain standards.

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22 NOV 2023 | News

Kakuzi PLC has been shortlisted for five awards at the Kenya Avocado Industry Excellence Awards 2023, organised by the Avocado Society of Kenya — the highest number of nominations received by any single company. The nominations recognise Kakuzi's contributions across avocado production quality, smallholder development, export excellence, and industry leadership. The fourth edition of the awards celebrates individuals and organisations driving Kenya's position as a premier global avocado supplier.

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25 AUG 2023 | News

Kakuzi PLC maintained its profit run in the first half of 2023, posting a Ksh 171.1 million net profit for the period ended 30 June 2023. Avocado export sales were the primary growth driver, with strong demand from European markets. The macadamia segment continued to face global price pressure. The H1 2023 results demonstrated the importance of Kakuzi's crop diversification strategy in providing earnings resilience.

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8 AUG 2023 | News

Kakuzi Plc has formally adopted a new corporate identity that underscores its commitments to agricultural development for the domestic and export markets.

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16 MAY 2023 | News

Kakuzi PLC's 95th AGM confirms products and markets diversification strategy and announces the development of the Kakuzi Farm Market — a domestic retail investment in the superfood sector.

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8 APR 2023 | News

Kakuzi PLC has published the public summary of its 2023 Independent Monitor Report on implementation progress. The report covers Kakuzi's commitments on human rights, fair labour practices, community relations, and the ongoing SIKIKA grievance mechanism — Kenya's first UN-aligned Operational Level Grievance Mechanism implemented by a private company. The independent monitoring process forms part of Kakuzi's Business and Human Rights framework.

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2 APR 2023 | News

Kakuzi PLC has announced the appointment of Ms Pamella Ager — a prominent Kenyan lawyer — as an independent non-executive director to the Board. The appointment enhances Kakuzi's corporate governance standards and board gender diversity, in line with the company's ESG commitments and Capital Markets Authority best-practice guidelines for listed companies. Ms Ager brings legal expertise in corporate governance, compliance, and business ethics.

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24 MAR 2023 | News

Kakuzi Plc is set to provide free maturity testing services for local smallholder avocado farmers following the opening of the new avocado harvesting season today.

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22 MAR 2023 | News

Kakuzi Plc has posted a Kshs 845.8 million net profit for the financial year ended 31st December 2022, representing a 62% after-tax profit growth.

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