The Court of Appeal will tomorrow start listening to an appeal case filed by Karuturi Limited against CFC Stanbic Bank and its receiver managers.
El año 2017 terminó como uno de los más fatídicos para los defensores de la tierra. También fue un año muy malo para muchos acaparadores de tierras.
L’année 2017 s’est avérée l’une des années les plus mortelles pour les défenseurs des terres. L’année a été assez mauvaise aussi pour plusieurs accapareurs de terres.
The employees accuse CFC Stanbic of demanding more money than it lent to Karuturi, saying the South African lender is responsible for the poverty that struck their families since Karuturi was placed under receivership, 3 years ago.
2017 went down as one of the deadliest years ever for land defenders. It was also a pretty bad year for several land grabbers.
The lives of more than 3,000 people came to a standstill when the Karuturi flower farm shut its doors in May 2015 after being placed under receivership over accrued debt.
In a paid advert, the receiver managers detailed the items for sale but also indicated that the close to 125 hectares where the company sits would not be sold.
More than 3,000 former workers of the troubled Karuturi flower farm in Kenaya were surprised to learn of the sale of the firm's after property in the media.
A new report by ASO provides an assessment of the Karuturi project and the other land deals that the Ethiopian government has promoted in Gambela over the past decade through its land policies
Karuturi Agro Products PLC says it is about to recommence the troubled commercial farms it was forced to abandon in Ethiopia, last year, with a new 25,000 hectare lease.
« L’agrobusiness est le prétexte par lequel nos terres sont bradées avec la complicité de nos dirigeants »
Dubai-based agriculture and food company Phoenix Group will invest in debt-laden Kenya operations of rose exporter Karuturi Global Ltd.
