wazua Tue, Mar 24, 2026
Welcome Guest Search | Active Topics | Log In

45 Pages«<1516171819>»
Mumias FY 2014
VituVingiSana
#161 Posted : Friday, November 14, 2014 9:19:35 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,349
Location: Nairobi
selah wrote:
Njung'e wrote:
KP cuts power off again paralysing maintenance work.....wah!


How can a power producer get its power cut by a distributor....something is not right somewhere....
Laughing out loudly Laughing out loudly Laughing out loudly Anyway, Mumias is a net user now! No cane being crushed = no stima being produced
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
MKWASI
#162 Posted : Friday, November 14, 2014 10:42:45 AM
Rank: Member

Joined: 4/20/2012
Posts: 888
The govt owns about 306,000,000 in Mumias. The share drop from sh 25 to 1.40 amounts approximately 7.2Billion loss. Add that to unemployment that this firm would create in Western Kenya were it to close its doors.

The Government should be get their act together in respect to this firm. Otherwise it will cost them a lot of reputation should to remain its death bed.

mawinder
#163 Posted : Friday, November 14, 2014 4:52:28 PM
Rank: Elder

Joined: 4/30/2008
Posts: 6,029
littledove wrote:
This is exactly what is ailing this company!!!
and shareholders still waiting for turn around




http://www.businessdailyafrica.com/Corporate-News/Directors-of-Mumias-farmers--body-on-the-spot-/-/539550/2521572/-/osxnau/-/index.html

Mumias Sugar Company and Mumias Outgrowers Company(1998) ltd are two distinct companies.The article is on Mumias Outgrowers Company(1998) Ltd!!!!!!!
mlennyma
#164 Posted : Friday, November 14, 2014 5:39:53 PM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
Cry cry gvt bail out,kq,mumias,kmc,uchumi,chemelil,muhoroni,pan paper etc you can't be bailing out when pple loot.
"Don't let the fear of losing be greater than the excitement of winning."
jwatesh
#165 Posted : Friday, November 14, 2014 9:31:41 PM
Rank: Member

Joined: 8/19/2014
Posts: 125
Let Mumias sugar die, Dangote will come set up a proper sugar factory
Boris Boyka
#166 Posted : Friday, November 14, 2014 10:44:59 PM
Rank: Veteran

Joined: 11/15/2013
Posts: 1,977
Location: Here
MKWASI wrote:
The govt owns about 306,000,000 in Mumias. The share drop from sh 25 to 1.40 amounts approximately 7.2Billion loss. Add that to unemployment that this firm would create in Western Kenya were it to close its doors.

The Government should be get their act together in respect to this firm. Otherwise it will cost them a lot of reputation should to remain its death bed.


IMHO. MSC could easily fall with no big impact. MSC is in western. Most of the collapsing factories are in western & Nyanza. Western leaders are NEVER united thus can't martial a collective bargaining power. Nyanza ppl always in opposition and don't address actual issues. A sitting president knows there's no guarantee of majority votes. Votes from here are negligible. Very few or no factories have collapsed in central,North Rift & other regions. In other regions leaders are united when it comes to defending their economic backbones e.g miraa,coffee. Given panpaper,miwani,chemilil,muhoroni,many coffee factories e.t.c from western &Nyanza and no significant impact was seen,any other like MSC can. People from here don't care to collective bargaining power & economy but individual selfishness.
Everybody STEALS, a THIEF is one who's CAUGHT stealing something of LITTLE VALUE. !!!
Realtreaty
#167 Posted : Saturday, November 15, 2014 7:52:17 PM
Rank: Elder

Joined: 8/16/2011
Posts: 2,387
Mumias will never fall. President Uhuru may be on the way to visit this industry and know the cause of its problems and the course that will be taken to bring it back to its feet
The is the backbone of many families young and old. We cannot sit and assume cheap sugar will come our way once our industries die, it will be the worst mistake we will have to learn as prices will shoot once importers are aware we do not produce and demand goes high.
If Mobius is mass produced and many families afford it even other vehicles will have their prices down.
Gordon Gekko
#168 Posted : Saturday, November 15, 2014 10:00:39 PM
Rank: Elder

Joined: 5/27/2008
Posts: 3,760
Boris Boyka wrote:
MKWASI wrote:
The govt owns about 306,000,000 in Mumias. The share drop from sh 25 to 1.40 amounts approximately 7.2Billion loss. Add that to unemployment that this firm would create in Western Kenya were it to close its doors.

The Government should be get their act together in respect to this firm. Otherwise it will cost them a lot of reputation should to remain its death bed.


IMHO. MSC could easily fall with no big impact. MSC is in western. Most of the collapsing factories are in western & Nyanza. Western leaders are NEVER united thus can't martial a collective bargaining power. Nyanza ppl always in opposition and don't address actual issues. A sitting president knows there's no guarantee of majority votes. Votes from here are negligible. Very few or no factories have collapsed in central,North Rift & other regions. In other regions leaders are united when it comes to defending their economic backbones e.g miraa,coffee. Given panpaper,miwani,chemilil,muhoroni,many coffee factories e.t.c from western &Nyanza and no significant impact was seen,any other like MSC can. People from here don't care to collective bargaining power & economy but individual selfishness.

Kenya Textile Mills, Ramisi Sugar, Kilifi Cashewnuts, Rivatex
jerry
#169 Posted : Sunday, November 16, 2014 8:40:35 AM
Rank: Elder

Joined: 9/29/2006
Posts: 2,570
Gordon Gekko wrote:
Boris Boyka wrote:
MKWASI wrote:
The govt owns about 306,000,000 in Mumias. The share drop from sh 25 to 1.40 amounts approximately 7.2Billion loss. Add that to unemployment that this firm would create in Western Kenya were it to close its doors.

The Government should be get their act together in respect to this firm. Otherwise it will cost them a lot of reputation should to remain its death bed.


IMHO. MSC could easily fall with no big impact. MSC is in western. Most of the collapsing factories are in western & Nyanza. Western leaders are NEVER united thus can't martial a collective bargaining power. Nyanza ppl always in opposition and don't address actual issues. A sitting president knows there's no guarantee of majority votes. Votes from here are negligible. Very few or no factories have collapsed in central,North Rift & other regions. In other regions leaders are united when it comes to defending their economic backbones e.g miraa,coffee. Given panpaper,miwani,chemilil,muhoroni,many coffee factories e.t.c from western &Nyanza and no significant impact was seen,any other like MSC can. People from here don't care to collective bargaining power & economy but individual selfishness.

Kenya Textile Mills, Ramisi Sugar, Kilifi Cashewnuts, Rivatex

Mountex, KICOMI?,
The opposite of courage is not cowardice, it's conformity.
Akenyan2014
#170 Posted : Sunday, November 16, 2014 11:08:06 PM
Rank: Member

Joined: 5/6/2014
Posts: 268
Location: Nairobi, Kenya
jerry wrote:
Gordon Gekko wrote:
Boris Boyka wrote:
MKWASI wrote:
The govt owns about 306,000,000 in Mumias. The share drop from sh 25 to 1.40 amounts approximately 7.2Billion loss. Add that to unemployment that this firm would create in Western Kenya were it to close its doors.

The Government should be get their act together in respect to this firm. Otherwise it will cost them a lot of reputation should to remain its death bed.


IMHO. MSC could easily fall with no big impact. MSC is in western. Most of the collapsing factories are in western & Nyanza. Western leaders are NEVER united thus can't martial a collective bargaining power. Nyanza ppl always in opposition and don't address actual issues. A sitting president knows there's no guarantee of majority votes. Votes from here are negligible. Very few or no factories have collapsed in central,North Rift & other regions. In other regions leaders are united when it comes to defending their economic backbones e.g miraa,coffee. Given panpaper,miwani,chemilil,muhoroni,many coffee factories e.t.c from western &Nyanza and no significant impact was seen,any other like MSC can. People from here don't care to collective bargaining power & economy but individual selfishness.

Kenya Textile Mills, Ramisi Sugar, Kilifi Cashewnuts, Rivatex

Mountex, KICOMI?,


At the end of the long list ask yourself whether the investment environment has changed. I think so. For an industrialist investing this year is not as difficult as in those years the said firms collapsed. Furthermore we now have increased demand for products, reduced power, cheaper labour - yes there are more jobless graduates at all levels willing to work for almost free.
45 Pages«<1516171819>»
Forum Jump  
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.

Copyright © 2026 Wazua.co.ke. All Rights Reserved.