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Originally published by The Standard BusinessDecember 19, 2025
1d ago
Giant society turns to land lease to grow revenues

Dominic Nthwao told members during the Annual General Meeting that land leasing was the only key generator of the society’s finances..
✨ Key Highlights
The Muka Mukuu Farmers’ Cooperative Society is shifting its focus to land leases with agricultural multi-nationals and quarrying companies to boost revenues. This strategy was highlighted during their Annual General Meeting, emphasizing the financial importance of these agreements.
- The society's asset base stands at Sh1.1 billion, with land leasing identified as the primary income generator.
- A 21-year lease with Del Monte Kenya for approximately 920.7 acres, signed in 2011 at Sh10,700 per acre, is set to expire in December 2032, with members demanding an escalation clause in any new agreement.
- A new quarrying lease for 25 acres, effective July 2023, will generate Sh4 million annually for 10 years, and another 26-acre lease in May will add Sh476,000 annually for the same period.
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