Mumias Sugar Company. [Mumo Munuve, Standard] As the prevailing market conditions sucked the sweetness out of the cane, so was life in Saccos affiliated to Mumias Sugar Company in Kakamega County, leaving members with the bitter taste of bagasse in their mouths. By 2019, Sukari Sacco Society Ltd was one of the three whose licenses […]
Mumias Sugar Company. [Mumo Munuve, Standard] As the prevailing market conditions sucked the sweetness out of the cane, so was life in Saccos affiliated to Mumias Sugar Company in Kakamega County, leaving members with the bitter taste of bagasse in their mouths. By 2019, Sukari Sacco Society Ltd was one of the three whose licenses […]
Operations taking place at Naivasha Inland Container Depot A consortium of investors is counting billions of shillings in loss after Kenyan authorities resolved to destroy a Ksh1.4 Billion haul that they had imported from Zimbabwe. Sirocco Investments (K) Ltd imported 20,000 tonnes of brown sugar from Zimbabwe. The company is among 200 companies licenced to […]
Mumias sugarcane farmers protest at Ekero area where were urging an investor who was in plans to revive Mumias Sugar Factory to continue with the plans but involve them as stake holders. A farmers’ lobby group has moved to court to challenge the intended lease of Mumias Sugar Company Limited . Gikwamba Farmers’ Cooperative Society […]
[ Courtesy ] The court has ordered Dyer and Blair Investment Bank to sell shares belonging to suspects in a Sh1 billion air ticket fraud. After the sale of shares, High Court Judge David Majanja ordered that the proceeds be transferred to Mercantile Insurance Company which is said to have lost Sh1 billion through the […]
The main entrance to Mumias Sugar Company.[Benjamin Sakwa,Standard] The fight for Mumias Sugar Company Ltd’s (MSCL) assets worth billions of shillings has taken a new twist after some creditors opposed the plan to lease the miller. The creditors also disowned the receiver-manager Ramana Rao. The miller is currently under receivership. In a statement yesterday, the […]
The main entrance to Mumias Sugar Company.[Benjamin Sakwa,Standard] The fight for Mumias Sugar Company Ltd’s (MSCL) assets worth billions of shillings has taken a new twist after some creditors opposed the plan to lease the miller. The creditors also disowned the receiver-manager Ramana Rao. The miller is currently under receivership. In a statement yesterday, the […]
Mumias sugarcane farmers protest at Ekero area where were urging an investor who was in plans to revive Mumias Sugar Factory to continue with the plans but involve them as stake holders. A farmers’ lobby group has moved to court to challenge the intended lease of Mumias Sugar Company Limited . Gikwamba Farmers’ Cooperative Society […]
[ Courtesy ] The court has ordered Dyer and Blair Investment Bank to sell shares belonging to suspects in a Sh1 billion air ticket fraud. After the sale of shares, High Court Judge David Majanja ordered that the proceeds be transferred to Mercantile Insurance Company which is said to have lost Sh1 billion through the […]
Mumias sugar company. FILE PHOTO | NMG Mumias Sugar Company is seeking fresh bids for firms to lease the miller after the collapse of deal with tycoon Narendra Raval to revive the firm. In a public notice Monday, Mumias receiver manager PVR Rao called for bidders to invest in any of its nucleus estate, sugar […]
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