Twiga Foods has resolved a Google Cloud Service dispute it had with Information and Technology (IT) firm Incentro Africa.
This 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 had disputed the amounts and filed an application in 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 significant recent investment, led by Creadev and Juven, into Twiga in December 2023.
As a result, the two firms have announced a renewed and strengthened partnership, following a significant breakthrough in the resolution of the historical dispute.
“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,” said Dennis De Weerd, Chief Executive Officer (CEO) of Incentro.
“This collaboration marks a significant step towards a stronger and more productive relationship between Twiga and Incentro Africa,” added Weerd.
“We regret the difficulties that arose in 2023, which placed both Twiga Foods and Incentro Africa in a challenging position. However, we are pleased to announce that these issues have been resolved to our mutual satisfaction and are excited to recommit to our partnership. We look forward to continuing to collaborate in providing innovative and cost-effective cloud services to Twiga Foods.”
As a result, Incentro Africa has agreed to withdraw the statutory demand filed in September 2023.
Appreciating this important breakthrough, Twiga’s Chief Financial Officer (CFO), Zuber Momoniat commended the move noting 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.
“Both parties acknowledge that a renegotiation with Google Cloud is essential to align with the current business environment,” said Momoniat.
Following the resolution of the dispute, both firms are optimistic about their future collaboration through a renewed partnership.