Tag: losses

Wasting Sugar Production Opportunity Subjecting Kenyans, Millers to Losses

One of the worst hit in Kenyan agriculture is the sugar sub sector which has seen farmers abandoning sugarcane farming

Uchumi Supermarket cuts losses by Sh1bn

However, the cash-strapped retailer, which had posted a loss of Ksh 2.84 billion in the previous financial year, saw its net sales dip by 60% to Ksh 2.59 billion from last year's Ksh 6.42 billion