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    1.0.32

    Kakuzi Exports KSh 13.5 Million Worth of Boran Heifers to Uganda

    Jackson
    By Jackson Okoth
    - August 29, 2023
    - August 29, 2023
    AgricultureEast-AfricanKenya Business newsTrade
    Kakuzi Exports KSh 13.5 Million Worth of Boran Heifers to Uganda

    Kakuzi, a listed agro-processing firm has delivered its first container of 181 Boran heifers to a Uganda-based rancher for breeding. The breeding heifers valued at more than KSh 13.5 million left Kakuzi Makuyu, Murang’a County, livestock paddocks and have now been received at Mpala Farm, in Kawempe Division, Central Uganda.

    Kakuzi Livestock Manager Dr. Karatina Ole Nchoki said the 181 heifers aged between 30-36 months will be used for breeding at Mpala Farm, which is introducing a Boran herd.

    The Boran cattle originally developed in Kenya, Dr. Ole Nchoki said, is a very hardy breed that is highly resistant to diseases and thrives in arid and semi-arid climatic regions.

    “Since 1953, the Boran breed has continued to be developed and has emerged as one of Africa’s most resilient cattle breeds. The export of these Kakuzi Boran heifers to Uganda will undoubtedly boost the rich heritage of this breed further afield in the Pearl of Africa and is part of Kakuzi’s business diversification strategy,” Dr. Nchoki said.

    Kakuzi is actively pursuing a diversification strategy to cushion itself from market changes

    The firm’s Managing Director Chris Flowers said the agribusiness is actively pursuing a product diversification strategy to unlock further value from its commercial forestry, macadamia, avocado, blueberry, tea and livestock investments.

    The exports to Uganda come on the back of a steady recovery of the firm’s livestock operations from the recent drought, with sales beginning to pick in the retail and Hotel/Restaurant/Catering (HoReCa) market.

    The Kakuzi goat meat venture known as KABUZI, said Flowers, is also expected to boost growth, with initial sales due to commence in the second half of this year.

    “All our business lines provide much-needed leverage to unlock value and ramp up target profits per our business diversification strategy. For example, although our blueberry volumes are still significantly low vis-a-vis the avocado and macadamia outputs, the revenue stream remains firmly within the business plans and inspires further investments. The performance of the tea, forestry, livestock, and arable land operations continue to play their important role in our crop portfolio,” Flowers said.

    Under the livestock business stream, Kakuzi is currently rearing a herd of more than 4,420 Boran cattle with the firm’s stud herd registered with the Kenya Stud Book.

    Still, under the Kakuzi Livestock business stream, Rhodes grass production for quality hay has been expanded with plans for further developments to meet the ever-increasing demand from Murang’a, Kiambu, Nyeri, Meru and Laikipia livestock farmers. 

    ALSO READ:Kakuzi Plc to Double Avocado Exports to China

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