Kazi Farms Group
TypePrivate
IndustryPoultry
Founded1996
FounderKazi Zahedul Hasan
HeadquartersHouse No. 35, Road 02, Dhanmondi, Dhaka 1205.
OwnerKazi Zahedul Hasan
Number of employees
10,000
Websitewww.kazifarms.com

Kazi Farms Group' is one of the biggest businesses of the poultry industry in Bangladesh.[1] Kazi Zahedul Hasan, the managing director, was awarded Business Person Of The Year for 2004 in Bangladesh.[2] It runs most of its office computers on free and open-source software such as Linux.[3]

List of sister companies

  • Kazi Farms Limited and associated poultry farming companies sell poultry chicks, poultry and fish feed, eggs, live chickens and organic fertilizer across Bangladesh.[4]
  • Kazi Food Industries Limited sells its Bellissimo and ZaNZee brands of ice cream, as well as Kazi Farms Kitchen brand of frozen food products across Bangladesh.[5][6]
  • Kazi Media Limited (Deepto TV) began broadcasting on 18 November 2015[7]
  • Sysnova Information Systems Limited customizes and implements free/open-source Enterprise Resource Planning software for various companies in Bangladesh.[8]

Controversy

On 22 September 2022, the Bangladesh Competition Commission filed a case against Kazi Farms for destabilizing the stable market by increasing the price of eggs at a higher rate than normal. Hearing the case four days later, the Bangladesh Competition Commission criticized the company for following a strange policy for fixing the price of eggs. In this auction system, the company finalizes a price after the dealers and distributors bid on the base price.[9] Kazi Farms replied that egg prices had indeed spiked abnormally for a week, but the reason was a shortage of trucks following a national increase in the price of diesel.[10] Singaporean economist Indranil Chakraborty examined Kazi Farms' auctions and found them to be a fair and reasonable means of selling agricultural commodities such as eggs, which typically fluctuate daily due to supply and demand.[11]

References

  1. ↑ "Kazi Farms holds dealers conference". The Daily Star. 22 February 2009. Retrieved 29 October 2016.
  2. ↑ "Bangladesh Business Awards 2003". The Daily Star. Retrieved 29 October 2016.
  3. ↑ "Bangladesh needs its own Linux operating system". Dhaka Tribune (Op-ed). Retrieved 29 October 2016.
  4. ↑ "Turning chicken manure into organic fertilizer". Dhaka Tribune. 17 January 2019. Retrieved 23 May 2019.
  5. ↑ "Brand war heats up in ice cream market". The Daily Star. 17 April 2013. Retrieved 29 October 2016.
  6. ↑ "Kazi Food Industries". 10 December 2017.
  7. ↑ "Deepto TV launched". New Age.
  8. ↑ "Achieving IT independence through open-source". Dhaka Tribune (Op-ed). Retrieved 29 October 2016.
  9. ↑ "কাজী ফার্মসের ডিম 'নিলাম' পদ্ধতি দেখে প্রতিযোগিতা কমিশনের 'বিস্ময়'" [Competition Commission 'surprised' by Kazi Farms' egg 'auction' method]. Bdnews24.com (in Bengali). 26 September 2022. Retrieved 28 September 2022.
  10. ↑ "Truck shortage was behind recent egg price hike". DhakaTribune.com. 25 August 2022. Retrieved 26 February 2023.
  11. ↑ "Was the egg market manipulated?". DhakaTribune.com. 13 January 2023. Retrieved 26 February 2023.


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