Tag: Karuturi Global

Karuturi Demands Compensation From Ethiopia

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BY NIZAR MANEK | BLOOMBERG Karuturi Global Ltd., an Indian flower grower, demanded compensation from the Ethiopian government for a series of failed land deals as it prepares to exit the Horn of Africa nation. The company wrote a letter to Prime Minister Hailemariam Desalegn accusing the state of nationalizing its farming investments and said […]

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Why Do Ethiopians Want to See Karuturi Fail?

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By Birhanu Fikade | for The Reporter, Sai Ramakrishna Karuturi, founder and managing director of Karuturi Global Ltd, claims that he is the person who introduced commercial farming in Ethiopia. However, his performance has been disappointing, he admits. He is having a troubled time in relation to settling bank loans. The following is an exclusive […]

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