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49 Riverside Drive, Westlands 55358 - 00200
Nairobi, Nairobi Area
The Sameer Group is a leading economic force in East Africa with major investments and successful operating companies in all key business sectors employing over 18,000 Kenyans in various lines of business including agriculture, transportation, telecommuni ... more
The Kenya Export Promotion Council
Board Of Trustees Member
Tegla Loroupe Peace Foundation
Management â€“ Sameer Group
Sasini Limited, an agricultural company controlled by Kenyan tycoon Naushad Merali, is investing $4 million to establish a macadamia processing facility in Kiambu, outside Nairobi.According to a report by The Star newspaper, Merali's new processing plant will be set up on a 20-acre farm next to some coffee mills it owns in Kiambu county. The location is proposed for a Special Economic Zone, a protectionist area where manufacturers benefit from incentives such as tax holidays, and which is close to Sasini's coffee mill in Kiambu. Merali says that Sasini, which is listed on the Nairobi Stock Exchange, will inter-plant macadamia with its coffee bushes at calculated spacing so that the two can thrive together without needing additional land. "This is being planted at desirable spacing which will not compromise on coffee production. We anticipate to generate a further Sh300,000 ($3,000) per hectare from this venture within the coming six years when we shall be at optimal production of macadamia nuts," Merali said in a press statement. Sasini Limited is one of Kenya's largest coffee producers. The company grows coffee on eight independent estates in the central highland of Kenya covering a total of 912 Hectares. It has a market capitalization of $41 million and Merali owns a little over 51% of the company through investment holding companies and family trusts.
Gartner , Inc.
Luxury Mortgage Corp.