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Twiga Foods allays closure fears amid latest layoffs

Twiga Chief Executive Peter Njonjo (centre) at a press briefing in Nairobi on August 25, 2023. [David Gichuru, Standard]

Kenyan Agri-tech firm Twiga has downplayed speculation it could be on the verge of closing down its operations following the latest round of layoffs.

While admitting that it is going through financial difficulties, the firm said the layoffs are part of efforts to boost its operational efficiency.

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