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Unionisable workers at listed company, Kakuzi have received a salary rise following the signing of a Collective Bargaining Agreement (CBA) with the Kenya Plantation and Agricultural Workers Union (KPAWU). The more than 3,350 workers at Kakuzi Makuyu operations site will enjoy a 16% general wage increase over the next two years, effective January 2024.

Success of a Private Equity (PE) fund model is based mainly on the fund managers’ ability to spot and acquire businesses that provide real solutions to society’s ‘felt needs’ and problems.  Where a particular company has developed superior solutions to these needs and has demonstrated a track record of consistently solving them, the company becomes a desirable target for the fund.