Billionaire businessman Peter Kuguru is willing to find a better solution to the destructive locusts that have invaded nearly the whole of Kenya, yet Government is unable to tame them.
Kuguru who hails from Mathira, Nyeri County promises to buy a kilogramme of the dried locusts for Sh50.
Kuguru is the founder of Kuguru Food Complex that produced Softa soda, Cateress Milling company, sanitary pads and diapers, International and real estate investments.
The food technologist and industrialist says he will make commercial use of the locusts.
“If such a person can go out to the field and collect 20 kilos of locust per day and sell to me, even if I buy for Sh50 per kilo, he makes a Sh1,000.”
“I will use these locusts for commercially processing them into animal feed supplements. They bring vitamins, minerals and roughage” says the former MP for Mathira.
Peter Kuguru considers himself among Kenyan entrepreneurs who have endured harsh and crude business competition to stay afloat.
“I want to be remembered as the entrepreneur who dared to dream big,” says Mr Kuguru. After all, he is the man who tried to give the soft drink multinational, Coca Cola, a run for its money.
He has captured his trials and triumphs in business in his book: Trailblazer: Breaking Through in Kenya.
Currently, Mr Kuguru has put his money in the milling and real estate sectors. He is currently the chairman of the millers association. He also has interests in Cateress Milling firm, which produces maize flour and Just Real Estate, a housing company.