siamini kama uzi huu umeandikwa na mkenya
If only these dudes in here will have known where is the source of all these regional trade problems is they would have faced the likes of Uhuru for protectionism and stop crying for a lift of working permits in Tanzania! GoK should stop being protectionist that 130 mln investment in gas from Taifa gas would have created at least 1000 jobs for Kenyans! Mind u Azam Bakhresa regional largest milling company and could not get a permit to open a milling plant in Mombasa and instead they went to Durban, Harare and opened their business there!
After this..
Bakhresa Grain Milling seeks order suspending any interest, charges, fees or penalties on a Sh600 million loan advanced by the bank.
www.businessdailyafrica.com
Tanzania-based Bakhresa Group, which owns one of the largest flour mill in the country, has suspended exports to Kenya citing frequent changes in tax rules.
www.businessdailyafrica.com
The good thing is they are importing maize for Kenya markets a thing that doesn't create jobs for kenyans
Firms behind maize import
SMART HARVEST
MV IVS Pine Hurst docked with 29,000 tonnes of duty-free maize. [Maarufu Mohamed, Standard]
Nairobi-based billionaire Naushad Merali is linked to the firm that imported the maize that arrived in Mombasa on Thursday.
Agriculture Cabinet Secretary Willy Bett yesterday said Holbud Limited imported 29,900 tonnes of maize, from Mexico.
"I have looked at the manifest of the ship and I have been told that the importer is Holbud," Mr Bett told reporters outside the Grain Bulk Handlers terminal, where the maize was to be received.
The Government has said an additional 30,000 tonnes of maize was expected in two weeks as part of measures to reduce the price of maize flour. However, it is not clear who the importers of this second consignment are.
The total consignment, which is worth about Sh3 billion, is expected to bring down runaway retail maize prices.
Holbud, a United Kingdom company, was at one time awarded a controversial Sh6 billion tender to supply fertiliser on behalf of the Ministry of Agriculture.
Members of the National Assembly's Committee on Agriculture demanded to see Mr Merali during investigations involving the 21,000 tonnes of fertiliser delivered by Holbud.
The committee later cleared the deal and dismissed the quality concerns raised by Kenya Bureau of Standards with a caution that the State should only restrict periods for such large tenders to one-year rather than the three-years given to Holbud Ltd.
Pembe Millers
Holbud, whose chief executive is listed as Hasanain Merali, is described as an international firm that deals in commodities including grains and is a commercial manager of cargo ships and commercial properties, property letting, and share dealing.
Shipping documents seen by The Standard show that four firms bought the maize from Holbud, including Pembe Millers and Kitui Millers.
The other two are Tanzanian-owned Bakhresa Grain Milling and Hydery (P) Ltd.
Bakhresa Grain Milling was reported to have been putting up a Sh5 billion plant in Mariakani, Mombasa, two years ago but it was not immediately possible to determine whether the plant was completed.
Official documents indicate that Hydery (P) Ltd was incorporated more than five years ago as a commodity trading company with nine directors.
Naushad Akberali Merali (not Kenyan business mogul Naushad Noorali Merali) and Roshanali Akberali Merali are among the shareholders of Hydery (P) Ltd. Holbud Ltd, on the other hand, has six directors including Shaukat Akberali Merali and Gulamali Masumali Merali.
Efforts to determine how the directors of either firm were related, the surnames notwithstanding, failed.
From Mr Bett's speech, it is difficult to determine whether Holbud Ltd was the seller, transporter, or simply the importer – with Hydery (P), Bakhresa Grain, Pembe, and Kitui Millers its customers.
Insiders also said that the journey of IVS Pinehurst - the ship ferrying the 29,990 tonnes of maize - to Mombasa started in Durban.
Tracking tools indicate that the vessel departed Port Louis, Mauritius, on April 19 at about 7am Kenyan time, heading to Durban.
It arrived at the South African port city on April 28 at 5am Kenyan time before the cargo was loaded and its journey to Mombasa kicked off.
Some accounts suggest that the vessel picked up the cargo from Durban after another freighter had delivered it there earlier. It was received in Mombasa on Thursday.
Grain brought in by Holbud, a United Kingdom company linked to Nairobi-businessman Naushad Merali.
www.standardmedia.co.ke
Moreover bakhresa is also behind sugar and wheat imports in Kenya from Uganda
Bakhresa Grain Milling (Kenya) Ltd
Bakhresa Grain Milling Kenya Ltd
This Company was registered in 2003 and has been set up and established initially as a vehicle from which to import Wheat Bran from Bakhresa’s Uganda operation and to re-export this to the international markets. The operation is also involved with commodity trading in
In the next phase of the companies development, Bakhresa Grain Milling Kenya Ltd is to establish a 750 Metric Ton per day capacity Mill over the course of the next 12 to 14 months and will commence it’s operations in 2014
Bakhresa Grain Milling Kenya Ltd This Company was registered in 2003 and has been set up and established initially as a vehicle from which to import Wheat Bran from Bakhresa’s Uganda operation and to re-export this to the international markets. The operation is also involved with commodity...
bakhresa.com
www.thecitizen.co.tz
