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Comment on Twiga Accused of Secretly Orchestrating Mass Layoffs and a Fake Liquidation Plan by Edward
['Dickson Otieno', 'I Love Reading Emails When Bored. I Am Joking. But Do Send Them To Editor Tech-Ish.Com.']
Comments for Techish Kenya
The allegations, made anonymously to Tech-ish.com, accuse current leadership – including CEO Charles Ballard – and major investors Creadev and Juven, of engineering a mass restructuring that could affect hundreds of livelihoods.
At the time, Twiga was praised for digitizing food distribution and giving informal retailers access to better pricing and supply.
One year later, in August 2024, Techish reported a second wave of layoffs affecting 59 more.
“The current leadership and Board have seen no evidence of corruption or personal gain linked to this lease.”On the Alleged “Fake Liquidation” Plan:Twiga dismisses the claim that it is creating a “NewCo” to escape obligations as a misreading of strategic planning documents.
It says no liquidation has been initiated, no assets have been transferred, and no new entity has been formed.
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