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.
Dubai-based agriculture and food company Phoenix Group will invest in debt-laden Kenya operations of rose exporter Karuturi Global Ltd.
In India, Karuturi is being accused of sexual harassment while in Africa his struggling flower business in Kenya and Ethiopia has withered – first over tax arrears and debts and later over land deals gone wrong.
The auction of Karuturi, one of the largest flower firms in the country, marks yet another dark chapter in the company’s dramatic fall from grace
- Business Daily
06 Mar 2018
Indian businessman Sai Ramakrishna Karuturi has been booked for allegedly sexually harassing a 23-year-old woman staffer of a spa centre in Bengaluru and abusing policemen who rushed to her help.
- Times of India
23 Feb 2018
Karuturi Flower Farm in Naivasha has started negotiations for an out of court settlement with its creditors. The move is expected to kick-start the revival of the flower farm which was put under receivership in 2014.
To censure activism and opponents, Indian corporates have been using legal protection against journalists and campaigners but the debate on this issue has not taken off, possibly because of fear.
- Rising Kashmir
23 Jan 2018
Des associations de la communauté anuak exhortent les gouvernements éthiopien et indien à arrêter leurs négociations avec Karuturi Global Ltd et à faire en sorte que l’entreprise quitte définitivement Gambela et les autres régions d’Éthiopie.
Anuak organisations, with the strong support of international civil society, call on the governments of Ethiopia and India to cease negotiations with Karuturi Global Ltd and to ensure that the company fully exits Gambela and other parts of Ethiopia.
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.