The legal tussle between Twiga Foods and Incentro Africa is coming to an end. According to a statement from Twiga, the two companies have renewed their partnership, following a breakthrough in the resolution of their Google Cloud bill dispute.
The breakthrough comes on the back of a statutory demand in September 2023 on Twiga Foods by Incentro Africa over sums relating to Google Cloud Services provided by Incentro. Twiga Foods had disputed the amounts and applied to the court to set aside the statutory demand.
The resolution, led by Twiga’s new management team followed negotiations between Twiga Foods and Incentro Africa following the management changes announced in Q4 2023. This follows the recent investment, led by Creadev and Juven, into Twiga in December 2023.
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Dennis de Weerd, CEO of Incentro, said: “I would like to commend the exceptional work of Twiga’s Chief Financial Officer, Zuber Momoniat. His commitment and decisiveness have been instrumental in resolving the dispute and rekindling our partnership. This collaboration marks a significant step towards a stronger and more productive relationship between Twiga Foods and Incentro Africa.”
Appreciating this important breakthrough, Twiga’s CFO, Zuber Momoniat said: “In light of the settlement arrived at between Twiga Foods and Incentro Africa, and the renewed commitment from both parties, Incentro Africa has agreed to withdraw the statutory demand filed in September 2023. This step is a testament to our restored faith. Mr. Momoniat added that both Twiga Foods and Incentro Africa recognised the need to renegotiate the terms of the Google Cloud contract in light of the current global economic climate. As a result, he concluded, “both parties acknowledge that a renegotiation with Google Cloud is essential to align with the current business environment”.
