Director of agricultural investment at Ethiopia's Ministry of Agriculture says Karuturi is on the verge of collapsing in Ethiopia and that the company "has gone bankrupt following internal management crisis”
- The Reporter
-
17 January 2015
Commercial farming, with its vast tracts of land, is running into problems in Ethiopia’s Gambella region – and local communities are reaping few benefits
The Data Institute has released a US$30,000 "aquisition manual” for Karuturi Global Ltd.
- Data Institute
-
16 December 2014
Karuturi Global Ltd, la multinacional india que hizo su fama en el mercado global de la industria de flores cortadas y que recientemente adquirió más de 300 mil hectáreas en Etiopía para producir alimentos para los mercados extranjeros, continúa su dolorosa e impresionante caída.
- TJN et al
-
13 October 2014
La multinationale indienne qui s'était fait un nom dans le secteur des fleurs coupées au niveau mondial et a récemment acquis plus de 300 000 ha en Éthiopie pour produire des denrées alimentaires à destination des marchés étrangers, poursuit son déclin douloureux et généralisé.
- TJN et al
-
13 October 2014
Karuturi Global Ltd, the Indian multinational that made its name in the global cut flower industry and recently acquired more than 300,000 ha in Ethiopia to produce food, is continuing its painful and massive decline.
- TJN et al
-
09 October 2014
"My particular case is not just to intimidate me, but to silence all further reports on [Karuturi] and his company's operations in Africa," Acharya told CPJ.
Move to seek an extension of AGM date comes after a series of issues it has been facing at its expansive roses farms in Kenya and allegations of land grab at its ambitious agriculture foray in Ethiopia.
- Business Standard
-
18 September 2014
International Federation of Journalists (IFJ) and its affiliate Indian Journalists Union (IJU) condemn an attempt to harass a well-known environmental journalist by Karuturi Global Limited (KGL).
Journalist Keya Acharya has been served a defamation notice demanding 20 million USD as compensation from the legal counsels of Sai RamaKrishna Karuturi, Managing Director of Karuturi Global Ltd.
- HotnHitNews
-
22 August 2014
The entire edifice of Karuturi's enterprise, especially the Gambella 300,000 ha, is allegedly founded on corruption (bribery) and too many lies, writes The Ethiopian Observatory.
- Ethiopia Observatory
-
24 June 2014
The Commercial Bank of Ethiopia is pressuring Karuturi Global Ltd to repay a credit provision of 65 million birr (US$3.3 million).
- The Reporter
-
07 June 2014
