Moi associates eye Kenya Seed board takeover

kenya-seeds

Farmers buy seeds from a Kenya Seed Company outlet in Eldoret. FILE PHOTO | NMG

Confidants of former President Daniel arap Moi have moved to stage a fresh boardroom coup at the Kenya Seed Company as they race to wrest control of the firm back from the government.

Private shareholders of the seed firm led by its former CEO Nathaniel Tum have summoned an annual shareholder meeting with the intention of appointing new directors, hiring a chief executive and declaring dividends for the past six years.

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