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Mumias Sugar huge demand
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Ericsson
#2881 Posted : Sunday, June 06, 2021 8:44:32 AM
Rank: Elder


Joined: 12/4/2009
Posts: 10,678
Location: NAIROBI
Queen wrote:
Angelica _ann wrote:
Metch wrote:
HaMaina wrote:
Devki Billionaire Pulls Out of Ksh 5B Mumias Sugar Purchase


As expected. Knowing this country, am certain the politicians also sent emissaries with cash demands or else. The best thing to do when monkeys start flinging their excrement is to take cover.


Politicians heard 5B & ran mad!!! Never interested in the plight of the people.


The same politicians are now pleading with the investor not to pull out of the deal. Hypocrites!


They want to negotiate their cut or bribe.
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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HaMaina
#2882 Posted : Monday, June 07, 2021 11:28:02 AM
Rank: Veteran


Joined: 4/23/2014
Posts: 909
Bitter sugar wars: Row over Mumias Sugar company

“You can get in way more trouble with a good idea than a bad idea, because you forget that the good idea has limits.” - Ben Graham
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VituVingiSana
#2883 Posted : Monday, June 07, 2021 2:02:38 PM
Rank: Chief


Joined: 1/3/2007
Posts: 18,097
Location: Nairobi
Ericsson wrote:
Queen wrote:
Angelica _ann wrote:
Metch wrote:
HaMaina wrote:
Devki Billionaire Pulls Out of Ksh 5B Mumias Sugar Purchase


As expected. Knowing this country, am certain the politicians also sent emissaries with cash demands or else. The best thing to do when monkeys start flinging their excrement is to take cover.


Politicians heard 5B & ran mad!!! Never interested in the plight of the people.


The same politicians are now pleading with the investor not to pull out of the deal. Hypocrites!


They want to negotiate their cut or bribe.
Devki should look elsewhere. These politicians will always be on their case every year and more so during election years!
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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HaMaina
#2884 Posted : Thursday, June 10, 2021 12:46:24 PM
Rank: Veteran


Joined: 4/23/2014
Posts: 909
Billionaire Rai family in Mumias Sugar lease race

More scavengers fly in for a free snack.Shame on you Shame on you
“You can get in way more trouble with a good idea than a bad idea, because you forget that the good idea has limits.” - Ben Graham
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Ericsson
#2885 Posted : Thursday, June 10, 2021 12:48:39 PM
Rank: Elder


Joined: 12/4/2009
Posts: 10,678
Location: NAIROBI
VituVingiSana wrote:
Ericsson wrote:
Queen wrote:
Angelica _ann wrote:
Metch wrote:
HaMaina wrote:
Devki Billionaire Pulls Out of Ksh 5B Mumias Sugar Purchase


As expected. Knowing this country, am certain the politicians also sent emissaries with cash demands or else. The best thing to do when monkeys start flinging their excrement is to take cover.


Politicians heard 5B & ran mad!!! Never interested in the plight of the people.


The same politicians are now pleading with the investor not to pull out of the deal. Hypocrites!


They want to negotiate their cut or bribe.
Devki should look elsewhere. These politicians will always be on their case every year and more so during election years!


Its strings being pulled by Rai to avoid competition
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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HaMaina
#2886 Posted : Thursday, June 10, 2021 4:34:51 PM
Rank: Veteran


Joined: 4/23/2014
Posts: 909
Has anything been said in regard to the sugar industry??
“You can get in way more trouble with a good idea than a bad idea, because you forget that the good idea has limits.” - Ben Graham
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Queen
#2887 Posted : Thursday, June 10, 2021 5:18:07 PM
Rank: Member


Joined: 11/21/2018
Posts: 564
Location: Britain
HaMaina wrote:
Has anything been said in regard to the sugar industry??


Zero. You are on your own.
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Angelica _ann
#2888 Posted : Thursday, June 10, 2021 6:14:41 PM
Rank: Elder


Joined: 12/7/2012
Posts: 11,908
Queen wrote:
HaMaina wrote:
Has anything been said in regard to the sugar industry??


Zero. You are on your own.


Mumias Sugar & sugar firms are dead. GoK doesn't care anymore for them. There is nothing to eat out of them.
In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
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HaMaina
#2889 Posted : Thursday, June 10, 2021 6:22:27 PM
Rank: Veteran


Joined: 4/23/2014
Posts: 909
Angelica _ann wrote:
Queen wrote:
HaMaina wrote:
Has anything been said in regard to the sugar industry??


Zero. You are on your own.


Mumias Sugar & sugar firms are dead. GoK doesn't care anymore for them. There is nothing to eat out of them.


That's the irony of Kenyans, a leader starves them, destroying their sources of livelihood but when the same leader comes to them for votes they dance with him and hungrily take whatever handouts he has.

This whole sugar industry issue falls squarely on uhurus lap and the western Kenya leaders. Raila should also not be excluded, he has said nothing so far.
“You can get in way more trouble with a good idea than a bad idea, because you forget that the good idea has limits.” - Ben Graham
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Ericsson
#2890 Posted : Thursday, June 10, 2021 8:01:14 PM
Rank: Elder


Joined: 12/4/2009
Posts: 10,678
Location: NAIROBI
HaMaina wrote:
Angelica _ann wrote:
Queen wrote:
HaMaina wrote:
Has anything been said in regard to the sugar industry??


Zero. You are on your own.


Mumias Sugar & sugar firms are dead. GoK doesn't care anymore for them. There is nothing to eat out of them.


That's the irony of Kenyans, a leader starves them, destroying their sources of livelihood but when the same leader comes to them for votes they dance with him and hungrily take whatever handouts he has.

This whole sugar industry issue falls squarely on uhurus lap and the western Kenya leaders. Raila should also not be excluded, he has said nothing so far.


Mjinga akierevuka mwerevu yuko mashakani.
The western kenya leaders including Raila are not for empowerment of the masses
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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VituVingiSana
#2891 Posted : Thursday, June 10, 2021 8:25:51 PM
Rank: Chief


Joined: 1/3/2007
Posts: 18,097
Location: Nairobi
HaMaina wrote:
Billionaire Rai family in Mumias Sugar lease race

More scavengers fly in for a free snack.Shame on you Shame on you
No wonder Devki bailed out. He can't compete with the Rai's godparents.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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HaMaina
#2892 Posted : Thursday, June 10, 2021 8:36:03 PM
Rank: Veteran


Joined: 4/23/2014
Posts: 909
VituVingiSana wrote:
HaMaina wrote:
Billionaire Rai family in Mumias Sugar lease race

More scavengers fly in for a free snack.Shame on you Shame on you
No wonder Devki bailed out. He can't compete with the Rai's godparents.


I don't know what authority the kcb or the liquidator have to enable them sell/lease a listed company.
“You can get in way more trouble with a good idea than a bad idea, because you forget that the good idea has limits.” - Ben Graham
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Ericsson
#2893 Posted : Thursday, June 10, 2021 9:27:57 PM
Rank: Elder


Joined: 12/4/2009
Posts: 10,678
Location: NAIROBI
HaMaina wrote:
VituVingiSana wrote:
HaMaina wrote:
Billionaire Rai family in Mumias Sugar lease race

More scavengers fly in for a free snack.Shame on you Shame on you
No wonder Devki bailed out. He can't compete with the Rai's godparents.


I don't know what authority the kcb or the liquidator have to enable them sell/lease a listed company.


Athi River Mining (ARM) was also listed,that didn't stop it from being sold by the receiver manager/administrator
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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HaMaina
#2894 Posted : Friday, June 11, 2021 1:06:59 PM
Rank: Veteran


Joined: 4/23/2014
Posts: 909
Ericsson wrote:
HaMaina wrote:
VituVingiSana wrote:
HaMaina wrote:
Billionaire Rai family in Mumias Sugar lease race

More scavengers fly in for a free snack.Shame on you Shame on you
No wonder Devki bailed out. He can't compete with the Rai's godparents.


I don't know what authority the kcb or the liquidator have to enable them sell/lease a listed company.


Athi River Mining (ARM) was also listed,that didn't stop it from being sold by the receiver manager/administrator


Rai Billionaires: Family Eyeing Mumias Sugar Tied to the High and Mighty

The helmeted scavenger points to show the drunk scavenger whats next on the menu.They all seem happy.Shame on you Shame on you Shame on you Liar Liar
“You can get in way more trouble with a good idea than a bad idea, because you forget that the good idea has limits.” - Ben Graham
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HaMaina
#2895 Posted : Monday, June 21, 2021 10:01:48 AM
Rank: Veteran


Joined: 4/23/2014
Posts: 909
Omtatah seeks removal of Mumias Sugar manager
“You can get in way more trouble with a good idea than a bad idea, because you forget that the good idea has limits.” - Ben Graham
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HaMaina
#2896 Posted : Monday, July 05, 2021 3:18:50 PM
Rank: Veteran


Joined: 4/23/2014
Posts: 909
20 Months to the end of the COMESA Sugar safeguards.
“You can get in way more trouble with a good idea than a bad idea, because you forget that the good idea has limits.” - Ben Graham
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Realtreaty
#2897 Posted : Tuesday, July 27, 2021 11:59:10 AM
Rank: Elder


Joined: 8/16/2011
Posts: 2,296
Political Hawkers company, with the onset of politics we will see a lot of political movement to this company promising nonsense.
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HaMaina
#2898 Posted : Wednesday, July 28, 2021 3:22:54 PM
Rank: Veteran


Joined: 4/23/2014
Posts: 909
Realtreaty wrote:
Political Hawkers company, with the onset of politics we will see a lot of political movement to this company promising nonsense.


Lets see what's next when the president goes to western next week.
“You can get in way more trouble with a good idea than a bad idea, because you forget that the good idea has limits.” - Ben Graham
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HaMaina
#2899 Posted : Monday, August 02, 2021 8:28:15 AM
Rank: Veteran


Joined: 4/23/2014
Posts: 909
19 Months to the end of the COMESA Sugar safeguards.

There's a Invitation for Bids for leasing in today's paper. Our priorities are messed up. Shame on you Shame on you Sad Sad
“You can get in way more trouble with a good idea than a bad idea, because you forget that the good idea has limits.” - Ben Graham
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HaMaina
#2900 Posted : Monday, August 02, 2021 9:32:10 AM
Rank: Veteran


Joined: 4/23/2014
Posts: 909
Why am I not surprised that im seeing stories that uhuru's tour has been postponed.Shame on you Shame on you Shame on you Shame on you

Uhuru Western tour cancelled
“You can get in way more trouble with a good idea than a bad idea, because you forget that the good idea has limits.” - Ben Graham
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