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Forum => Kenya Discussion => Topic started by: RV Pundit on October 28, 2019, 12:54:43 PM

Title: Twiga foods on fire.
Post by: RV Pundit on October 28, 2019, 12:54:43 PM

https://www.businessdailyafrica.com/news/Top-US-bank-Goldman-Sachs-buys-stake-Twiga/539546-5327542-v1y7hjz/index.html

Title: Re: Twiga foods on fire.
Post by: Nefertiti on October 28, 2019, 02:03:30 PM

Ahh yes - global capital flow - the world is flat :)

Title: Re: Twiga foods on fire.
Post by: hk on October 28, 2019, 02:40:03 PM

Twiga has really good logistics and distribution system. A farmer growing strawberries in kinagop is able to get a fair price for his product at the farmgate . Price discovery is a breeze. Soon wakulima market and their mkototenis will be pushed out of market.  The MD clearly made the right decision to move from cocacola to Twiga.

Title: Re: Twiga foods on fire.
Post by: Georgesoros on October 28, 2019, 02:58:48 PM

So all Twiga does is distribute?
https://www.bloomberg.com/news/articles/2019-10-28/goldman-sachs-leads-funding-of-kenyan-fresh-food-distributor?srnd=premium

Title: Re: Twiga foods on fire.
Post by: KenyanPlato on October 28, 2019, 03:05:06 PM

Yes they distribute ..i think they even source products from sa

Title: Re: Twiga foods on fire.
Post by: RV Pundit on October 28, 2019, 03:08:57 PM

I think they deal with supply chain - they enrol farmers, make sure they plant, certify the produce, and then distribute to mama mbogas/etc - who then sell. I hope this will help formalize mama-mboga/marikiti business.Technology is going to help formalize many sectors - now Twiga farmers can get loans because their production & earnings are well known - so will mama mbogas-- and also Twiga.

These kind of fin/agro/energy/tech need to been encouraged in all sectors.

Quote from: Parkerpen on October 28, 2019, 02:58:48 PM

So all Twiga does is distribute?
https://www.bloomberg.com/news/articles/2019-10-28/goldman-sachs-leads-funding-of-kenyan-fresh-food-distributor?srnd=premium

Title: Re: Twiga foods on fire.
Post by: gout on October 28, 2019, 07:01:12 PM

There is need to totally ban mikokoteni from towns and allow  tuktuks and their modifications.

Title: Re: Twiga foods on fire.
Post by: Nefertiti on October 28, 2019, 07:52:02 PM

Which is the real farming. Mama mboga is just retail.

Quote from: RV Pundit on October 28, 2019, 03:08:57 PM

I think they deal with supply chain - they enrol farmers, make sure they plant, certify the produce, and then distribute to mama mbogas/etc - who then sell. I hope this will help formalize mama-mboga/marikiti business.Technology is going to help formalize many sectors - now Twiga farmers can get loans because their production & earnings are well known - so will mama mbogas-- and also Twiga.

These kind of fin/agro/energy/tech need to been encouraged in all sectors.