CFC to manage Karuturi farm

THE High Court has ordered receiver managers to take charge of the troubled Karuturi Flower Farm. About 3,000 employees have blocked top managers from their offices due to a salary dispute. High Court judge Francis Gikonyo lifted an order handing back the company to its directors after it emerged that receiver managers are in a position to solve the standoff and bring the sinking company back on its toes. Initially, the judge offered the parties in the case an opportunity to come up with an amicable solution but this was unsuccessful after they differed. The receiver managers appointed by CFC...