Listed agribusiness firm Kakuzi Plc shareholders have begun to enjoy the company’s diversification fruits even as plans to broaden revenue streams continue to be scaled up, Chairman Nicholas Ng’ang’a has said.
Speaking at the 94th Kakuzi PLC Annual General Meeting (AGM) held virtually this morning, Ng’ang’a assured the firm’s shareholders that strategic plans had been activated to accelerate and enhance shareholder returns by diversifying the variety of produce delivered to both the domestic and international markets.
At the AGM, the firm’s shareholders unanimously voted for a KSh. 22 dividends per share, representing a 22% growth from the KSh. 18 per share paid out the previous year, continuing to make Kakuzi PLC one of the best performing returns on investment firms at the NSE. This increase in dividend payments from Ksh 352 million to Ksh 431 million reflects the Company’s strong financial position whilst accounting for the future investments in key long term strategic developments.
The diversification strategy features the production of superfoods such as Macadamia and Blueberries and is now being complemented with the rearing of goats for meat, agroforestry and a range of retail products for the domestic market.
![The signing ceremony took place in Kisumu, with Governor Prof. Anyang’ Nyong’o representing the county government and UN-Habitat Executive Director in Kenya, Anaclaudia Rossbach, signing on behalf of the UN agency. Under the agreement, both parties commit to jointly implementing the housing upgrade project, which Governor Nyong’o said will primarily target vulnerable groups. “The PINUA programme [is] designed to benefit the most vulnerable members of the community,” Nyong’o said, reaffirming his administration’s commitment to fostering sustainable neighborhoods equipped with essential services. Beginning November 1, 2025, the county government, working with UN-Habitat, will launch pilot projects in Kibuye Estate and Muhoroni Sub-County, based on designs and models developed through extensive public participation. The programme will focus on upgrading informal settlements by providing essential social infrastructure such as schools, sanitation facilities, affordable rental housing, early childhood development centres, and public open spaces. It also supports incremental housing models, allowing families to progressively build and eventually own decent homes. Rossbach emphasized UN-Habitat’s global commitment to driving transformative change in urban areas: “This partnership is crucial in advancing our new strategy, which focuses on improving housing access and digitally transforming informal settlements for everyone.” According to UN-Habitat housing architect Fred Omenya, the pilot phase will begin in January 2026 with the construction of two blocks of 24 housing units in Kibuye Estate.](https://businessinsights.africa/wp-content/uploads/2025/10/About-us-still-25957706200_7ca2db7e5e_k-80x60.jpg "Kisumu, UN-Habitat sign Ksh2.7bn deal for social housing upgrade")
