Tag: Kennedy Ngumbau

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Even on its Death Bed, Mumias Sugar is Haunted by Creditors

KCB Bank Ksh 480.1 million. Other lenders include Ecobank (Ksh 1.7 billion), Commercial Bank of Africa (Ksh 364 million and French investment fund Proparco (Ksh 9 billion)

Mumias Sugar sinks further into negative territory after posting Sh15b loss

Mumias Sugar Company has plunged further into negative territory after posting a Ksh 15.1 billion loss in the year ending June 2018, which is...

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