Mumias Sugar
Mumias Sugar: Sarrai Group Fate Hangs On Contempt Case
The Uganda-based company did not appeal the court ruling that stopped it from operating the sugar miller.
BT Correspondent2 Mins read
Uganda Evictions Haunt Sarrai Group’s Mumias Operations
A commission of inquiry was established to investigate the evictions and victims were invited to give their views on eviction.
BT Correspondent2 Mins read
The Bitter-sweet Takeover Of Mumias Sugar By Uganda’s Sarrai Group
Uganda-based conglomerate Sarrai Group has won the bid to run the ailing Mumias Sugar miller for 20 years, beating Kenyan billionaires who were...
FRANCIS MUTINDA2 Mins read
NSE Extends Suspension of Two Listed Firms
Suspension of trading in Mumias Sugar and Deacons would remain in force, an indication that they are yet to sort their financial woes.
BT Reporter2 Mins read
As Mumias Sugar Stares at Slow Death, Investors Count their Losses
Mumias Sugar Company Limited shares have been suspended from trading at the Nairobi Securities Exchange (NSE). This follows the appointment of a receiver-manager...
BT Reporter2 Mins read
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...
BT Reporter1 Mins read
NSE May 23: Mumias Sugar sweetens stock, opens +10%
As trading opened at the Nairobi Securities Exchange on May 23, Mumias Sugar sweetened its stock , temporarily shooting 10% as against the...
Mike Njoroge1 Mins read
NSE stocks dip fueled by loss making firms
As stocks at the Nairobi Securities Exchange (NSE) slumped on May 8, the decliners tab was dominated by a number of firms who...
Mike Njoroge2 Mins read
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...
BT Reporter2 Mins read
