The Ethiopian Horticulture and Agricultural Investment Authority says it is negotiating with Karuturi Global over a request to continue operations in Ethiopia, after long disagreement with the company about its 100,000 hectare farm project in Gambela Region.
Sai Ramakrishna Karuturi tells Reuters that the governments of India and Ethiopia are working to “amicably resolve outstanding Karuturi issues”.
High Court says Karuturi's Honorary Consul of Ethiopia status does not provide immunity from tax authorities and says he violated the sanctity of the consulate by carrying on his other business activities on the premises.
- The Hindu
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20 November 2017
Selon les syndicalistes, il y a des gens qui travaillent dans la société, qui exploite 1500 ha pour produire des pommes de terre, sans contrat et les journaliers restent parfois deux semaines sans être payés
- Leral.net
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23 October 2017
ICICI Bank has put Naivasha-based Karuturi Ltd up for sale over a disputed Sh4 billion loan. The planned sale could mark the end for the erstwhile world’s largest rose flower producer.
- The Standard
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13 October 2017
Claiming to have made an investment of US$75M and created 4000 jobs, Karuturi is not only appealing for the release or re-export of its properties but to sue Ethiopian officials hereferred to as “responsible” for violations of rights of a foreign entity.
- The Reporter
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02 October 2017
La multinationale annonce son intention de sortir du pays suite à l’annulation de son allocation de terres. Karuturi est l’un des premiers investisseurs étrangers à louer des terres en Éthiopie.
- Bloomberg
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21 September 2017
Karuturi Global Ltd., an Indian flower grower, demanded compensation from the Ethiopian government for a series of failed land deals as it prepares to exit the Horn of Africa nation.
- Bloomberg
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21 September 2017
Farm activists alleged that agriculture land is being forcefully acquired in Maharashtra for the Delhi-Mumbai Industrial Corridor (DMIC) and said they will launch an indefinite fast from tomorrow to demand redressal of their grievances.
- Free Press Journal
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31 July 2017
A Naivasha company has sued the cash-strapped flower firm Twiga Roses, formerly Karuturi Limited, seeking to eject it from its land over unpaid land rent and illegal acquisition.
Indian company Estina was given a free 99-year lease to a 4,400 ha farm, as well as a guaranteed R114-million per year for the construction and running of the farm, but cash was siphoned out of the country as quickly as the South African public paid it over.
- Daily Maverick
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19 July 2017
Selon les paysans, un contingent de deux véhicules remplis de gendarmes a été envoyé sur place pour affronter les populations déterminées à garder leurs terres
- Pressafrik.com
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14 July 2017