This will be a great company once more soon

Mumias has never been great,maybe good.

With the current awareness we will see less of the mismanagement of the past going into the future.

How long before the hole can be filled?
The emergency debt from GoK is still debt that has to be repaid.
Then there are the loans from KSB.
There are creditors who are in line to be paid or they will not supply goods/services.
KPLC says it is owned a huge sum for supplying power to Mumias as well as 'penalties' for not supplying power per the PPA.
Have the workers been paid?
Have the farmers been paid what they were owed?

BTW, Gareth George, after he started the process of righting KCB was kicked out. Terry Davidson was brought in after GG refused not to go after Moi's guys. A successful turnaround but only after GoK started diluting its stake.

Brenneissen (of Bamburi) was made executive KPA chairman but once he started stepping on toes, he was kicked out too. http://www.africaintelli...-down-to-zero,42056-ART

There was Leakey as Head of the Civil Service. Same story.

Brian Presbury left after restructuring KQ from a loss-making moribund airline to a profitable, growing airline. After his contract ended, Naikuni & friends took over. The rest is history.

Odieros are for the short haul. Once they out-grow their britches & look to consolidate their positions/progress, the masters kick them out. You can't have them denying the power-that-be the share of the sweet pie?

Mumias - Let's see what happens. Good luck!

When I was growing up there used to be this thing called a crochet which was always being left carelessly on seats,and lo unto you if you came jumping carelessly to sit down, you could sometimes feel the thing touch an internal organ.

This KPMG Report is having a similar effect and just keeps popping up and making life quite miserable.



Mumias Sugar : Kidero gets order to stop circulation of KPMG report on Mumias Sugar

http://www.4-traders.com...n-Mumias-Sugar-21248166/